Baby Doge cryptocurrency meme launched on Solana

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Cryptodnes2024/06/09 03:55

By:Cryptodnes

The Baby Doge cryptocurrency, known for its theme inspired by the popular dog meme, has once again excited the crypto community.

Having recently retired from Ethereum и BNB Faucet Chain, the coin is now headed to the network of Solana .

A recent post on X revealed , that the community proposal to launch the BabyDoge token on the Solana network has been approved. This marks a significant step forward in the development of the coin as it establishes itself on one of the leading blockchain networks.

The decision to deploy BabyDoge on Solana comes with strategic advantages. Blockchain offers more cost-effective transactions compared to Ethereum, making it an attractive option. Additionally, not all major exchanges support BNB Chain, which further enhances Solana's appeal. These factors influenced the choice to expand Baby Doge's presence in Solana's network.

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The BabyDoge development team expects the transaction rate to exceed 65,000 TPS, with transaction fees dropping to $0.00025. These improvements garnered strong community support for the proposal.

Despite the positive development, BabyDoge's price has seen a decline at the time of writing, leading to speculation among investors.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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