BabyDoge Crypto Surges 236% After Elon Musk Shows His Support
BabyDoge Crypto Surges 236% After Elon Musk Shows His Support
What Happened: Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, known for his support of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), now seems to have turned his attention to a smaller altcoin that considers itself a close relative.
发生了什么：特斯拉公司(Tesla Inc.)纳斯达克股票代码：TSLA)首席执行官埃隆·马斯克(Elon Musk)，以支持基于模因的加密货币而闻名道格考因(Dogecoin)(Crypto：Doge)，现在他的注意力似乎转向了一种较小的替代币，它认为自己是近亲。
BabyDoge (CRYPTO: BabyDoge) has a value of lower than $0.00000001 but surged 236% after a tweet from Musk. The coin trades around $0.000000002108 at publication time.
巴比狗(密码：BabyDoge)的价值不到0.00000001美元，但在马斯克的一条推文发布后，该公司股价飙升了236%。在出版时，这枚硬币的交易价格约为0.000000002108美元。
Baby Doge, doo, doo, doo, doo, doo,
— Elon Musk (@elonmusk) July 1, 2021
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge
小狗宝宝，嘟嘟，嘟嘟，
-埃隆·马斯克(@elonmusk)2021年7月1日
小狗宝宝，嘟嘟，嘟嘟，
小狗宝宝，嘟嘟，嘟嘟，
小狗宝宝
Musk’s tweet came in the form of a rhyme celebrating BabyDoge, presumably in reference to the popular "Baby Shark" song.
马斯克的推文是以押韵的形式来庆祝BabyDoge的，想必是指流行的《Baby Shark》歌曲。
See Also: How To Buy BabyDoge
参见：如何购买BabyDoge
Why It Matters: The price of the cryptocurrency immediately surged by over 200% after Musk’s tweet and now has a fully diluted market cap of over $850 million according to CoinMarketCap.
重要的原因：根据CoinMarketCap的数据，在马斯克的推文发布后，这种加密货币的价格立即飙升了200%以上，目前市值已完全稀释至8.5亿美元以上。
The coin’s trading volume was also up by 225% at the time of writing, and amounted to $52 million, exceeding some leading altcoins like Amp (CRYPTO: AMP), FTX Token (CRYPTO: FTX), and Avalanche (CRYPTO: AVAX).
在撰写本文时，这枚硬币的交易量也增长了225%，达到5200万美元，超过了一些领先的替代货币，比如安培(密码：AMP)，FTX令牌(密码：FTX)，以及雪崩(密码：avax)
“How is this not criminal activity. Market manipulation on a massive scale,” commented one user on Twitter.
“这怎么会不是犯罪活动呢。大规模的市场操纵，“一位用户在推特上评论道。
“It isn’t regulated yet but even if it was, he’s protected. He didn’t go to jail for the 420 tweet, he’s not going to go for scamming followers on dog money,” replied another.
“它还没有受到监管，但即使是这样，他也是受到保护的。他不会因为420条推文而坐牢，他不会因为狗钱诈骗追随者而入狱。“另一位网友回答说。
"From a technological perspective, Baby Doge Coin does absolutely nothing special," writes Benzinga's Logan Ross. "Baby Doge transactions redistribute 10% of the total amount to holders of the token. This effectively creates a pyramid scheme where the earliest and biggest bag holders receive the largest amount of the fees and make the most passive income. "
Benzinga的洛根·罗斯(Logan Ross)写道：“从技术角度看，小狗硬币完全没有什么特别之处。”“Baby Doge交易将总金额的10%重新分配给代币持有者。这实际上创造了一个金字塔计划，最早和最大的袋子持有者获得最多的费用，获得最被动的收入。”
Price Action: Meanwhile, market-leading cryptocurrency Bitcoin (CRYPTO: BTC) traded 3.6% lower over the past 24 hours with a price of $33,516 at the time of writing. Dogecoin was up as little as 0.90% overnight, despite a 43% uptick in trading volume which stood at $2.7 billion at press time
价格行动：与此同时，市场领先的加密货币比特币(Crypto：BTC)在过去24小时内下跌3.6%，撰写本文时的股价为33,516美元。尽管截至发稿时，Dogecoin的交易量增长了43%，达到27亿美元，但隔夜Dogecoin的涨幅仅为0.90%