Dogecoin’s blockbuster gains have some investors looking for the next meme crypto to explode, and many have Babydoge on their radar.
Babydoge has little practical value, making it simply a speculative bet, but it does try to stabilize its value through token burns and some investors have made money with it. Even after the coin’s 95 percent decline, a $1,000 investment in Babydoge made in Jun. 2021 would be worth more than $4,000 now.
