Like many cryptocurrencies, Baby Doge (BabyDoge) has suffered a sharp decline from its previous peak, leaving many holders frustrated. At press time, BabyDoge trades at $0.0000000007051, down 89.33% from its all-time high of $0.000000006604.
At this price level, BabyDoge has a market valuation of $123.32 million, ranking it 246th on CoinMarketCap.
BabyDoge Can Still Rally to $1B Without Aggressive Burns
Although critics often blame the token’s underperformance on its enormous circulating supply of about 174.87 quadrillion tokens, an analyst, known as Meme Whale, argues that BabyDoge can still mount a rally under its current supply structure.
According to him, the token could climb to a market cap of roughly $1 billion under favorable conditions, even without aggressive token burns. Notably, reaching that milestone would require a 710.89% increase from its current valuation of $123.32 million.
However, he emphasizes that such a move would depend on several supporting catalysts. These include securing listings on additional top-tier exchanges, executing a sustained, coordinated marketing campaign, and maintaining strong support from the BabyDoge community.
Major Factor Required to Fuel Substantial Long-Term Gain
In the meantime, the analyst cautions that these factors alone may not be sufficient to drive substantial long-term gains. He points to BabyDoge’s massive circulating supply as the primary obstacle limiting price performance.
In his view, neither hype nor incremental utility improvements can significantly move the price without directly addressing supply dynamics. Consequently, he argues that large-scale token burns, rather than small or gradual reductions, represent the true game changer for the project.
Without meaningful burns, the analyst warns that price appreciation is likely to remain sluggish. Over time, such slow movement could further frustrate long-term holders, dampen market sentiment, and erode confidence among early supporters.
What Could Change the Narrative
In the meantime, Meme Whale believes the BabyDoge team understands the mathematical reality behind the token’s supply dynamics. He suggests that the team may recognize that a significant price move is unlikely without decisive action. As a result, he sees a high probability of a substantial supply burn in the coming months.
In addition, the expert highlights the potential for further major exchange listings, which, when combined with a large burn, could act as a powerful catalyst. In this scenario, a single strong trigger could rapidly shift market sentiment and reignite broader interest in the token.
A High-Risk, High-Upside View
From a personal strategy standpoint, the expert suggests that investors should consider holding as low as 100 billion BabyDoge. At current prices, this represents a modest financial commitment of roughly $70.
However, the analyst emphasizes that if major developments occur, such as an aggressive burn, new listings, or renewed hype, the upside could be life-changing for smaller holders.
Meanwhile, Meme Whale warns that his view does not constitute financial advice and encourages investors to conduct their own research.
Temitope Olajide
