1MBABYDOGE Price Drops 2.55% Amid Major Token Burns and Robust Binance Trading Volume
The 1MBABYDOGEUSDT token saw a 2.55% decline in price over the last 24 hours, currently trading at 0.0004057 USDT, with a 24-hour open of 0.0004163 USDT. This decrease follows recent scheduled token unlocks and significant burns, which reduced circulating supply by 51.7% to 196.68 billion tokens. Market sentiment remains mixed, as prior surges driven by high-profile social media mentions, such as Elon Musk’s tweet, and integrations with platforms like Puppy.fun AI launchpad and new NFT staking features have contributed to volatility. Trading volume continues to be robust across multiple exchanges, with the Binance Spot 24-hour volume at 2.07 billion 1MBABYDOGE, corresponding to 841,982.89 USDT, and market capitalization figures ranging between $59.49 million and $84.85 million depending on data source. The memecoin's high volatility is attributed to ongoing community-driven developments and rapid supply changes, with traders closely monitoring technical levels for short-term price action.