Ethereum
Baby Doge Token Contract Proposal on Ethereum and BNB Chain Pass, Here’s All
Baby Doge, a unique cryptocurrency that takes inspiration from the popular crypto meme Dogecoin, made a major announcement, attracting the attention of the broader crypto market. The proposal to relinquish ownership of the token contract on Ethereum and BNB Chain, initially suggested on May 29, was successfully adopted today, June 6.
This momentous event sent shockwaves through the global crypto landscape, sparking a wave of discussions within the community. Let’s dig deeper into the development that aims to help Baby Doge diversify into Ethereum and BNB Chain.
Baby Doge Multi-Channel Proposal Passes: What’s the Scoop?
Beyond that day, voting ended with the odds substantially tilted toward passing the proposal. According to information from “snapshot.org”, the same corner voting results illustrate that the proposal received 848 trillion votes, or 99.53 percent, in favor, while 0.47 percent, or 4 trillion votes, were against the development.
Voting began on May 29 and ended on June 5. According to Baby Doge’s official community announcement, the main goals of this proposal include streamlining decentralization, security, and community trust, aligning with Challenge true philosophy.
Meanwhile, the expected time frame for the waiver process is approximately 1-2 weeks, “including verification and communication with the community.” The completion of the process is expected to broaden the appeal of crypto users throughout the global crypto field, which could impact the price.
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BabyDoge prices are climbing
Meanwhile, as soon as the news surfaced in the market, BabyDoge price saw a 1.64% surge in the last 24 hours, reaching $0.000000001968. The token appears to be experiencing an extended period of consolidation, looking at price charts over a broader time frame. Its 24-hour low and high are $0.000000001913 and $0.000000001963, respectively.
Relinquishing ownership of the BabyDoge token contract on ETH and BNB Chain is a strategic move to achieve full decentralization and reinforce crypto’s commitment to transparency and security for users. This could potentially pave the way for significant price gains as BabyDoge further revolutionizes its crypto journey.
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