Token Symbol: BABYDOGE3S

 

Brief:

BabyDoge is the leading community meme coin on the BNB chain. Baby Doge was created initially as a joke with a mission to help spread awareness of animal adoption. Tweeted by Elon Musk BabyDoge was propelled into pop culture as an adorable icon. The primary utility for Baby Doge is building a fun meme community to spread awareness of animal welfare and pet adoption. The BabyDoge ai image generator empowers the BabyDoge community to create ai babydoge characters ai memes, and ai images on demand without any design experience. Additionally users can pay in babydoge to mint their images into NFTs.

BABYDOGE3S is a leveraged token that goes short on BABYDOGE with 3x leverage, which means that for every decrease in the price of BABYDOGE in the market, the leveraged BABYDOGE token seeks a 3x increase in its price. BABYDOGE3S is required to maintain its target leverage and does so through dynamic rebalancing to gain a net value increase by 3% when the price of BABYDOGE falls 1%.

Due to such rebalancing and investment costs,BABYDOGE3S may suffer a net value loss when the market fluctuates. Please note, AscendEX’s leveraged tokens are not suitable for long-term investment. Investors must be cautious while investing in leveraged tokens and manage their investment risks in a timely manner.

 

Official Website：https://www.babydoge.com/

Whitepaper：https://x.com/babydogecoin

 

Risk Disclosure:

Leveraged tokens differ from regular tokens for spot trading in that there is higher risk and volatility, which could bring about great returns or losses in a single day. Please learn more about leveraged tokens in our help center before making an investment.