Baby Doge Coin surged more than 75% after Elon Musk posted a black-and-white Godfather-inspired tweet.
While Bitcoin (BTC) has recently shown volatility after pushing to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE) has exceeded the market position.
The price of BABYDOGE has gone from a 24-hour low of $0.000000002443 to $0.0000000004448 after Musk's tweet.
Musk has shown his influence in the crypto market before. Remember how his previous tweets about Dogecoin (DOGE) triggered a price pump and, finally, a lawsuit.
The Tesla founder tweeted a picture of himself and his son along with the words “Dogefath” and “Dogeson” stylized as the logo from the 1972 film “The Godfather”. In response to the tweet, he mentioned “Doge & Minidoge”.
After the tweet, the price of DOGE jumped over 4%, and BABYDOGE rose over 75%.
BABYDOGE's official X account also replied to the tweet, “Do you mean babydoge?”
On December 5, the Baby Doge team fall “in the crypto world, the only thing more unpredictable than BabyDoge's next move is what Elon Musk will post next. “
On the development side, the dog meme team has been working on their meme token launch platform called puppy.fun.
BABYDOGE has also recently dropped their console deal on Solana (SOL). The meme coin, which was first launched on the BNB chain, has now expanded to the Solana network. In late November, Binance had also announced a new spot listing for BABYDOGE.
The recent rise of BABYDOGE amid the volatile market situation could be mainly due to Musk's tweet along with the overall improvements of their team.
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