BabyCat (BABYCAT) coin currently has a market cap of just $407,000 and it is trading on a handful of decentralized exchanges, like PanCake Swap.
BabyCat (BABYCAT), a new memecoin which was launched on April 4, has been tipped to emulate the success of Shiba Inu (SHIB) and Dogecoin (DOGE) and eventually become a mainstream memecoin.
Both SHIB and DOGE currently have a market capitalization in the billions of dollars, after they rose to prominence during the last crypto bull run.
And now, BABYCAT is being heralded as the next big memecoin, and its market cap is likely to breach the $10 million mark before 10 April.
If its market cap reaches $10 million, investors who are currently buying BabyCat Coin would generate a 2500% return on their investment.
BabyCat Coin’s value could go even higher than this, as it has been rumored that the token is set to be listed on MEXC, Bitmart and Bitget – in what would be its first centralized exchange listings.
Many investors are pouring funds into BabyCat Coin because of its massive growth potential and because, unlike most new memecoins, its liquidity pool is locked, which prevents a rugpull and ensures the coin will continue to rally in the coming days and weeks.
BabyCat has also announced massive burns planned for the coming days to boost the token’s price for holders.
Shiba Inu and Dogecoin Price Prediction
Shiba Inu (SHIB) is currently trading at $0.00002743 after gaining 1.73% in the last 24 hours.
It remains down 7% over the last week, but SHIB still has the potential to deliver 200%-300% returns over the course of this bull run.
Dogecoin (DOGE), meanwhile, has gained 3.46% in the last 24 hours and is trading at $0.1852.
The token is down almost 8% in the last 7 days, but the bulls are trying to build momentum and initiate a new rally.
Although DOGE and SHIB still have the potential to rise in the next few weeks and months, most memecoin investors are investing in small cap, new projects, like BABYCAT Coin, as they have much more upside potential and could potentially turn a few thousand dollars into millions of dollars.
