🔴 Markets are down. Every single member in our 120K+ community knows what to do about it. You can too.Recession-Resistant Stocks

BabyDoge Crypto Card About to Go Live, Here's How Price Reacts

Published 2023-05-03, 10:37 a/m
© Reuters.  BabyDoge Crypto Card About to Go Live, Here's How Price Reacts

U.Today - The official account of Baby Doge Coin (BabyDoge) has tweeted that less than 24 hours remain before the virtual crypto card of BabyDoge goes live, powered by Canadian crypto payments platform .

Despite the big adoption news on the horizon, BabyDoge's price is in the red, trading at $0.000000002642; that is, minus 2.45% over the period of the last 24 hours.

BabyDoge card is coming

Neither BabyDOGE nor FCF Pay specified whether it will be a prepaid virtual card or a gift crypto card. Either way, this step will boost the utility and adoption of popular meme coin BabyDoge.

Earlier this year, the aforementioned crypto payments gateway added SHIB, LEASH and BONE to its prepaid cryptocurrency cards, Visa (NYSE:V) and Mastercard (NYSE:MA).

Overall, these prepaid cards are compatible with several blockchains: Bitcoin, Ethereum, Solana, Tron and several others. They can be loaded up with BTC, USDT, DAI, SHIB, USDC and other popular cryptocurrencies.

Two influencers warning against meme coins

Several major cryptocurrency influencers have warned their armies of Twitter followers to be careful while investing in meme coins at the moment. One of them is popular crypto trader and YouTuber Christopher Jaszczynski. He just issued a tweet, saying that traders should be careful with meme coins these days.

Prior to that, head of Binance Changpeng Zhao, known to the crypto community as CZ, also warned his followers against getting into certain meme coins.

that certain people buy Twitter accounts that he follows and begin issuing their own meme cryptocurrencies. He has begun to unfollow those Twitter users but believes that the meme coins they make may not be scams.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.