Elon Musk Mentioned Baby Doge Coin In 2022, Now It's Leaping 7%, Leaving Shiba Inu, Dogecoin In The Dust

Baby Doge Coin BABYDOGE/USD is up 7% in the past 24 hours, outpacing leading meme coins Dogecoin DOGE/USD and Shiba Inu SHIB/USD.

What Happened: At the time of writing, BABYDOGE was trading at $0.0000000023, bolstered by a recent milestone where it surpassed $10 million in token locks.

Further, the BABY DOGE Swap has apparently commanded nearly $60 million TVL, placing it as the 14th position among all Decentralized Finance (DeFi) platforms on BNB Chain, and fifth among BNB Decentralized Exchanges (DEXes), according to DefiLlama.

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Elon Musk tweeted "Baby Doge" on July 4, 2022, and helped jack up the coin's price by as much as 130% at that time. Musk’s message, referencing the viral children’s song “Baby Shark Dance” and YouTube’s most-viewed video with 8.8 billion hits, said “Baby Doge, doo, doo, doo, doo, doo.”

Price Action: While DOGE was trading at $0.073, down 0.90%, SHIB was trading at $0.000010, up 0.23% over the past day.

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