One of the popular memecoin, BabyDoge has now expanded to Solana for better transaction speed and cost-efficiency. The memecoin can now also be bought or sold on Solana blockchain network, which was previously only limited to its origin BNB chain network.
The official X handle of BabyDoge announced the integration on X and surprised its community members with the news. This exciting development includes a dedicated liquidity pool, marking a major step in expanding its ecosystem.
The team has now also launched BabyDoge Bridge, which allows BabyDoge token holders to transfer their tokens between the BNB Chain and Solana networks seamlessly, benefitting from low fees and fast transactions.
The bridge features a user-friendly interface that makes it easy for token holders to navigate between both the blockchain networks. It currently supports Phantom and Solflare on Solana blockchain and a range of other wallets on BNB chain.
This bridge will charge a 1% fee on bridge transactions and it will be contributed to manual burning of BabyDoge tokens, enhancing its deflationary model and benefiting holders.
This launch not only adds utility to BabyDoge but also demonstrates its commitment to expanding into fast, scalable ecosystems like Solana.
Also Read: Will Dogecoin Reach $1 by the End of 2024?
