On Baby Doge Swap, eight new crypto projects are preparing to launch.
Several cryptocurrency projects are preparing to launch their tokens on Baby Doge Swap, the Baby DogeCoin decentralized exchange. Baby Doge Coin announced today in a tweet that eight projects are preparing to launch on its decentralized exchange.
“There [are] currently 8 projects preparing to launch on BabyDogeSwap!” Baby Doge Coin announced.
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According to data on the Unicrypt Network, the projects that are about to go live are mostly memecoins. These projects have names that are similar to meme-based cryptocurrencies such as Shiba Inu, Dogecoin, Baby Doge, and others.
Shark Shib Coin, Daddy Shark Doge, (Boba Milk Tea), MUSKPET Coin, GoldenDoge Coin, babySharkDoge, Shark pih Coin, and SharkBabyDoge are the eight cryptocurrencies set to launch on Baby Doge Swap, according to the data. These cryptocurrencies have a soft cap of 8 to 10 Binance Coins (BNB).
Some tokens will be available on Baby Doge Swap within the next few hours, while others will be available later this week. None of the eight projects have been audited, according to Unicrypt Network. This means that some of the projects may contain bugs that bad actors could exploit, or the projects themselves may be a scam.
All tokens are built on BNB Chain, a permissionless public network. The BNB Chain is built in such a way that anyone can launch a token on the network.
Related Article: Baby Dogecoin Swap Set to Launch; TestNet Date Announced
Baby Doge Swap Feats
Baby Doge Swap, as previously reported, was launched on October 6, 2022. The decentralized exchange has continued to achieve incredible feats less than a month after it went live. In the four days following the DEX’s launch, the Total Value Locked (TVL) on Baby Doge Swap surpassed $18 million. Baby Doge Swap’s TVL is currently valued at $28 million.
In the last 24 hours, users have completed 210 trades. When new tokens are listed, the number of trades on the DEX is expected to skyrocket. Baby Doge Coin stated that it would buy and burn BabyDoge using a portion of the DEX’s trading fees.
