Why Is Baby Doge Coin Surging Today?

Why Is Baby Doge Coin Surging Today?

Baby Doge Coin BABYDOGE/USD shot up over 7% over 24 hours leading up to press time on Wednesday night.

What Happened: BABYDOGE traded 7.11% higher at $0.0000000025 over 24 hours at press time. The coin shot up 8.31% and 8.41% against Bitcoin BTC/USD and Ethereum ETH/USD, respectively.

While BABYDOGE fell 21.12% for the week, it has soared 963.16% over the last 30 days.

Baby Doge Coin touts itself as a child of Dogecoin DOGE/USD, which has fallen 41.31% in the previous 30-days and 8% for the week. At press time, DOGE traded 5.89% lower at $0.186 over 24 hours.

See Also: How To Buy Baby Doge Coin (BABYDOGE)

Why It Matters: Canadian professional ice hockey player Zach Boychuk, who himself has launched a cryptocurrency, noted the appreciation in the price of BABYDOGE on Twitter Thursday. 

On Thursday, Baby Doge Coin claimed on Twitter that they have a partnership in place that would allow the cryptocurrency to be accepted as payment “at over 1 million e-commerce small businesses.” The project said they would give out more details Friday at 11 A.M. ET. 

BABYDOGE is not the only self-claimed relation to DOGE. On Thursday, it was reported that Daddy Doge DADDYDOGE/USD trended after a shoutout from Tesla Inc TSLA CEO Elon Musk. 

Read Next: Think Dogecoin Days Are Over? These Indicators Suggest There's More To Come

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