It looks like the cryptocurrency meme Baby Doge Coin (CRYPTO: BABYDOGE) sets out to make his foray into the metaverse.
What happened
In a video posted on its official Twitter page, the team showed a virtual avatar of Baby Doge walking into what appears to be. Decentraland (CRYPTO: MANA).
“Want to see BabyDoge in the metaverse?” The team asked the Baby Doge community on Twitter, while also tagging Decentraland.
Read also: Will SpaceX and Starlink accept payments in Dogecoin?
Do you want to see #BabyDoge in the metaverse? pic.twitter.com/IE5EYV7chb
– BabyDoge (@BabyDogeCoin) February 9, 2022
Because it is important
Whether Baby Doge will be able to build and implement a metaverse of its own remains to be seen, but this move is part of the broader trend in crypto markets that has seen meme coins take on greater utility than just price and hype.
Shiba Inu (CRYPTO: SHIB), well-known cryptocurrency meme and rival of Dogecoin (CRYPTO: DOGE), last week announced plans to launch the Shiba Inu Metaverse Lands, plots of virtual land that will be part of Shiberse (codename for Shiba Inu’s metaverse).
Another canine-themed cryptocurrency in December last year, Floki Inu (CRYPTO: FLOKI), claimed to have integrated the decentralized oracle Chainlink (CRYPTO: LINK) to bring decentralized finance (DeFi) capabilities to its community of token holders.
Meanwhile
Baby Doge has one of the largest meme cryptocurrency communities in the world, with over 1.4 million holders.
By comparison, Etherscan data shows that, as of February 15, the number of SHIB holders was 1.1 million.
Price movement
At the time of publication, BABYDOGE was up 4.6% daily to $ 0.000000003563.
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