Prominent meme Coin initiated by the Dogecoin community, BabyDoge has launched its first Play-to-Earn (P2E) game. As revealed, the game will launch on Petaverse, a subsidiary of Decentraland. BabyDoge confirmed this development via a post on its Twitter page.
According to the announcement, Users are permitted to play with their favorite BabyDoge NFTs. Thus, aiding them to earn free tokens and unlock more collections of special NFTs. The team revealed that these opportunities are available at the first P2E Pet Park on petaverse.
Furthermore, holders of the BabyDoge NFTs can earn up to 250% rewards while playing the game. Other incentives include about 10,000 tokenized assets on the Ethereum blockchain. The BabyDoge NFTs collection is designed based on 200 possible pet features, which includes eyes, mouth, headgear, and fur clothing.
However, the BabyDoge token witnessed a massive increment of about 20% after the Twitter post. Currently, hopes are high among the community members regarding the listing of the token on Binance. This will become possible as the P2E initiative will boost the trading volume of the token. Recall that Binance CEO Changpeng Zhao once stated that one of the significant criteria for coin listing is how people trade them often. With the latest development, there is a huge possibility that the current 1.6 million holders of BabyDoge will increase. Though, this is based on the success of the game initiative.
Notable Keynotes About BabyDoge
Created by community members of Dogecoin in 2021, BabyDoge is gaining a reputation for having an excellent transactional timeframe. The token is Hyper-deflationary with static reflection that offers good incentives to holders. Therefore, holders earn more based on the BabyDoge they hold in their wallets. Further, users get a 5% reward on every transaction involving the token.
Additionally, the central idea behind the creation of BabyDoge is to help create strong awareness for animal adoption. Meanwhile, the creators’ identity is unknown, yet this hasn’t stopped the growth and popularity of the token. BabyDoge has followers across prominent social platforms. According to Coinmarketcap, BabyDoge currently trades at 0.000000001645 with a trading volume of $9,004,452.22 in the last 24 hours. The token market cap is at $189,110,439.16.