Important news: BabyDoge will burn 3000 trillion today, and the increase is continuing!Issuing time:2021-11-11 21:20 Important news: BabyDoge will burn 3000 trillion today, and the increase is continuing!
On November 1, Baby Doge Coin celebrated its 5-month birthday, and its holders have exceeded 850,000! At the same time of celebration, the project party announced two major positive news. The first is that the lottery for Tesla users will be announced today. The second is that 3000 trillion coins (currently worth about 80 million yuan) will be burned tonight. amazing! These coins are about to break into a black hole to reduce the current supply of coins on the market. What comes with it is that there are fewer coins in existence, and the price trend will be higher. So what does this 3000 trillion mean for the project? What does it mean for the market and for the upcoming exchanges? We need to check the issuance data of the entire project first to reasonably analyze the trend: The total issuance of the Baby Doge Coin project is 42 Beijing, which is 420 (trillions) The distribution is as follows: 158.6 (trillions) has been penetrated into the black hole for destruction [accounting for 38%] 80.7 (trillions) is currently pledged in the lock pool and cannot be moved [accounting for 20%] 13.1 (One trillion) is held by OKEX, currently the largest account [3%] 12 (trillions of billions) Project party wallet [accounting for 2.88%] 8 (Para-billion) Pancake pool for retail market purchases [Accounting for 2%] 6 (Paramount) Opened and purchased by GATE.IO [Accounting for 1.8%] Other exchanges [approximately 3%] 850,000 users accounted for about [25%] 95.7% of total coins Immediately burn 3000 trillion yuan [accounting for about 1%] It is a direct indication that the rest will be purchased by a large number of new retail investors. Adding Binance, Huobi, Coinbase, Robinhood Robinhood, only 4.3% of the currency supply is left, about 20 (trillions). This is not enough, not to mention that Baby Doge Coin has recently been opened up with the titanium chain, which requires an additional 8,000 trillion yuan of pledge. Therefore, it will only cause a phenomenon, that is, several exchanges buy in large quantities, push up the price, and let 850,000 users sell the coins in their hands. That also means that the upward trend of currency prices will rise to an unimaginable level in an instant. In addition, the market estimates that it will reach 1 million holdings in the next two weeks, and the new 200,000 people entering the market, the next 200,000, and the next 200,000 will be purchased at what price? According to reasonable guesses, there will be a rapid rise in the next few days. The currency price that has risen for two consecutive weeks has proved this. This kind of uncapped rise is precisely allowing a large number of people to realize the freedom of wealth. route. Enter the official website to buy through Pancake swap, hold Baby Doge Coin to enjoy the wealth and freedom brought by 10,000 times.
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