Baby Doge Surges As Holders Anticipate Testnet Date And DEX Launch Announcement

Baby Doge Coin (Baby Doge), the altcoin that prides itself as a community token, has experienced a massive surge in its price after it teased an important announcement, which holders hoped to be linked to a major listing notice as they waited for the launch of the community's decentralized exchange (DEX).

Holders of Baby Doge Coin saw a 27.1% price increase as the altcoin jumped from $0.000000001387 Monday to $0.000000001763 Tuesday afternoon. The surge was most likely caused by an update from the project's official Twitter page, which teased Tuesday: "Major announcement coming tomorrow."

Unfortunately, the tweet did not offer any more details about the said announcement, but holders were hopeful that it could be about the token's inclusion on Binance, the world's largest cryptocurrency exchange.

Being listed on Binance will be a major achievement for Baby Doge Coin since it will allow more investors to buy and sell the asset. The platform has 28.6 million active users as of October 2021, so being on it will give the token more exposure.

Following the tweet, the project's official Twitter account announced Wednesday that the much-awaited swap is complete and ready to launch. It also shared that the DEX's testnet is set to go live in a few days, with lucky holders getting the chance to serve as beta testers.

"BabyDoge is honored to announce our swap is complete! We invite the entire community to join us when TestNet goes live, Tues 8/15. We will launch a day early if this tweet gets 15k retweets! 100 random people who RT may get an invite to be a beta tester," the project noted in a tweet.

As of 4:20 a.m. ET Wednesday, BabyDoge was trading up 2.40% at $0.000000001588 with a 24-hour volume of $24,734,666, based on the latest data from CoinMarketCap.