BabyDoge, a meme cryptocurrency rivaling Dogecoin and Shiba Inu, has made a significant announcement, listing on the Toobit crypto exchange. This move has led to an increase in the meme coin's price by nearly 4%, although a slight decline has since occurred. At the time of writing, BabyDoge is valued at $0.000000001927.

Toobit is a popular exchange with a daily trading volume of $768,706,316 and over 500,000 users worldwide. With this listing, BabyDoge has increased its exposure and liquidity in various regions, including the former Soviet countries, Europe, Turkey, Vietnam, Japan, MENA, and South Korea. BabyDoge deposits on Toobit opened on June 6, with spot trading commencing the following day. Withdrawals are set to become available on June 8.

The listing on Toobit has opened up new opportunities for BabyDoge, allowing it to reach a broader audience and increase its market presence. The coin's price is expected to fluctuate based on market sentiment and trading volume. The BabyDoge team has taken a significant step towards decentralization, renouncing the token contracts on the BNB and Ethereum chains. This move means that the team will no longer control token issuance on these networks and cannot make any changes, making it entirely decentralized.

The Ethereum contract has already been renounced, and the team is conducting technical checks to do the same on the BNB chain. On May 30, the BabyDoge team proposed to the community to start deploying BabyDoge on the Solana chain. This move is aimed at enhancing transaction speed, reducing fees, and increasing interoperability.

In conclusion, BabyDoge's listing on Toobit has boosted its price and exposure, making it a more attractive option for investors. The coin's decentralization and increased liquidity will likely lead to further growth and adoption.