BabyDoge, the up-and-coming meme coin vying for space alongside crypto giants Dogecoin and Shiba Inu, has achieved a significant milestone with its recent listing on Toobit exchange. The official announcement, made via BabyDoge's X account, sent the meme coin's price soaring by nearly 4% initially, although a subsequent minor correction saw it settle at $0.000000001927 at the time of writing.

Toobit, ranked as the 29th-largest crypto trading platform by CoinMarketCap, now offers BabyDoge trading, bolstering the coin's liquidity and exposure across various regions, including the former Soviet countries (CIS member states), Europe, Turkey, Vietnam, Japan, MENA, and South Korea. With a daily trading volume exceeding $768 million and a user base surpassing 500,000 globally, Toobit provides BabyDoge with a robust platform for growth and accessibility.

According to a recent tweet from Toobit, BabyDoge deposits opened on June 6, followed by the commencement of spot trading today at 8:00 a.m. UTC. Withdrawals are slated to become available on June 8, further enhancing BabyDoge's utility and usability on the exchange.

In a significant move toward decentralization, the BabyDoge team announced earlier this week that they had relinquished control over the BabyDoge token contracts on the BNB and Ethereum chains. This decision, made through a community vote, marks a pivotal step in ensuring the autonomy and resilience of the BabyDoge ecosystem. By renouncing token contracts on Ethereum and progressing towards the same on the BNB chain, BabyDoge is embracing decentralization to its fullest extent, paving the way for a truly community-driven project.

Moreover, the BabyDoge team is actively exploring opportunities to deploy the token on the Solana chain. This strategic move aims to enhance transaction speed, reduce fees, and foster interoperability, further solidifying BabyDoge's position as a dynamic and forward-thinking meme coin in the ever-evolving crypto landscape. As BabyDoge continues to expand its footprint and embrace decentralization, the future looks promising for this rising star in the meme coin universe.