Elon Musk's preferred Dogecoin, soars 17% higher than Shiba Inu gains.

The increase in BABYDOGE follows its Decentralized Exchange (DEX) surpassing $50 million

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according to DefiLlama, which was an all-time high.

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Be aware that the team behind the meme coin

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burnt 682 trillion BABYDOGE on Thursday

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which is equivalent to around $1,091,200.

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A burn gateway, which has only reached the preview stage

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was announced by the Baby Doge team.

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On July 4, Elon Musk tweeted about Baby Doge

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which contributed to a 130% price increase at that time.

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