Baby Doge Coin (CRYPTO: BabyDoge), perceived by many as the Dogecoin DOGE/USD killer, saw a major price downturn today despite the cryptocurrency making major announcements.
What Happened: According to CoinMarketCap data, Baby Doge Coin's price decreased by nearly 39% from its 24-hour high of $0.000000003975 to a low of $0.000000002428, before settling at $0.000000002871 as of press time.
The coin's price fell despite the fact that its team revealed that a NASCAR race car will feature Baby Doge Coin branding.
According to a recent report, the driver Brandon Brown appreciated that the coin donated $100,000 to help save dogs and noted that "being a dog owner and animal lover" he is "very excited" about the upcoming partnership and "the meaning behind Baby Doge Coin’s initiatives."
"The car looks awesome and I can’t wait for everybody to see it on track this weekend.”
What Else: The Baby Doge Coin is not the first cryptocurrency to be featured on NASCAR cars.
Dogecoin and Shiba Inu have recently made apperances at offroad racing competitions.
Photo: Courtesy of Baby Doge Coin
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