Baby Doge Coin announces the planned release of its first blockchain game

Baby Doge Coin is set for an exciting development that could see this meme coin rallying to significant highs. The expectations around this meme coin are high as the project gets ready to release its first game.

Baby Doge Coin to release its first game

Meme coins have evolved significantly in recent years. While the entire cryptocurrency market has a reputation for being increasingly volatile, meme coins can be ranked as highly risky assets because most of them lack robust fundamentals that make them highly speculative assets.

However, some meme coins are setting themselves aside by integrating new offerings in their projects to support the price. Baby Doge Coin is interested in venturing into the Web3 gaming industry, which could increase hype around the token and support its price growth.

Baby Doge Coin is not the only meme coin interested in blockchain gaming. Other meme projects, such as Floki and Shiba Inu, have announced the launch of their blockchain gaming projects that are driving value.

In October last year, Shiba Inu, the second-largest meme coin, released a free mobile card fighting game known as Shiba Eternity. This game was created by PlaySide Studios, which is situated in Melbourne. Floki also launched Valhalla, a play-to-earn NFT metaverse game that increased hype around the project.

Both PlaySide Studios and Valhalla received much interest from the meme coin community. The same reaction is expected for Baby Doge Coin. The interest in Baby Doge Coin in the gaming industry has grown significantly over the past year. The project released the first PE game within the Decentraland Petaverse. This project supported BabyDoge NFTs that were released in August last year.

The project launched by Baby Doge Coin at the time allowed users to play using their favorite BabyDoge NFTs. Those who played the game could earn tokens and access NFTs within the P2E Pet Park within the Decentraland metaverse.

Baby Doge Coin makes major milestones

The announcement for this game marks another notable achievement that Baby Doge Coin has made this year. In February, Baby Doge Coin unveiled the burn portal to strengthen the project’s tokenomics and support the value of the token. The burn portal has significantly reduced the supply of Baby Doge Coin.

Since launching the burn portal, trillions of Baby Doge tokens have been removed from the supply. Baby Doge Coin has a massive supply, but the burn portal is helping to remove many tokens from the supply, which could boost the price action in the future.

So far, around 48% of the total Baby Doge Coin supply of 420 quadrillion tokens has been removed from the supply. Many tokens are taken from the supply, and Baby Doge Coin now has around 152 quadrillion tokens in supply.

Nevertheless, the burn process has not affected the token’s price. At the time of writing, Baby Doge Coin was trading at $0.00000000226 after a 2.4% drop in the last 24 hours. However, there is no certainty that the burn process will affect the price in the long term.