The memecoin Baby Doge Coin (BABYDOGE) has surged 20% in Real value in the last 24 hours, reaching the price of R$ 0.0000000188 per unit. As a result, it has entered the top 5 in trading volume among Brazilians, moving millions of reais.
It is worth noting that there are currently 174 cryptocurrencies listed in Brazil in relation to the Brazilian Real. The largest trading volumes on exchanges remain with Bitcoin (BTC) and Tether (USDT).
In the third position in the last 24 hours, Binance USD (BUSD) registers a large trading volume, with Ethereum (ETH) in the fourth position.
Baby Doge Coin reaches top 5 in trading volume among Brazilians after surging 20%
With the new surge of Baby Doge Coin, the meme cryptocurrency has accumulated a 170% increase in the last seven days.
The memecoin's surge has attracted investors to its ecosystem, who have observed the movement worldwide.
It is worth noting that Baby Doge Coin attempts to follow the upward movements of other memecoins, such as Dogecoin and Shiba Inu, for example.
Thus, with the recent surge of SHIB in the last few days, which saw a 20% increase in the last week, each Shiba Inu now has the price of R$ 0.000073084. As a result, BABYDOGE appreciated, following the speculative movement.
