This crypto continues to rise despite the crash
Nearly every crypto has fallen quite a bit in the past few days, but this crypto just kept going up in spite of the crash.
Billions of euros have evaporated when the digital currencies experienced a significant drop last week. We can almost speak of a crash. However, a crypto did not suffer from this. In fact, it just keeps going up.
Crypto Rises Despite Crash
BabySwap (BABY) rose nicely. This is a coin linked to the non fungible token (NFT) platform of the same name. The digital currency has risen 60% in the past 24 hours. The past seven days have not been bad either, with the coin increasing in value by 134%. As a result, the market value has risen to $341 million and is now in place 256. The currency has been rising for some time and has had a few good months. In November, the crypto was still sold for the price of $ 0.35. Currently, the coin stands at $2.83.
This while the currency is still relatively young. History only goes back to June of this year. In August things really took off and the currency rose explosively. After that we can see a dip, this was only broken again in November. And since then, the currency has continued to rise.
baby swap
NFTs are very popular, we wrote about that before. BabySwap responds well to this. It is an Automated Market Maker (AMM), as an NFT decentralized exchange for new projects on the Binance Smart Chain. In addition, a user of the platform can also participate in an Initial DEX offering (IDO). This allows you to invest in coins that are not yet publicly traded. The aim is to create value and take profits when the currency is really launched.
