The Baby Doge coin meme value has dropped quite a bit, even after the image of the token appeared on all Brandonbilt Motorsports’ Chevrolet Camaro # 68 racing cars at the NASCAR Xfinity Series in Atlanta last weekend. At the time of writing, Baby Doge’s stats show the price has fallen 44% in the last 7 days and more than 14% in 24 hours.

Baby Doge deeply reduced

For the past 2 weeks, the crypto community has been focusing on a crypto meme called Baby Doge (BABYDOGE). There are a few reasons Baby Doge is in the spotlight, and Elon Musk’s July 1 tweet about the token probably doesn’t matter. However, its value has increased 1,361 percent in the past 30 days.

Baby Doge Price Table | Source: Coinecko

After that, Baby Doge fell significantly and is currently trading for $ 0.000000002708. Data from coinecko.com shows that the token has a 24-hour trading volume of $ 8,937,246 executed through Pancakeswap Instances 1 and 2, Xt.com and Lbank. The market valuation of BABYDOGE is $ 1.139 billion after falling from $ 1.925 billion a week ago. Despite the drastic drop in the token price, the social community has grown significantly.

Source: Brandonbilt Motorsports

The project’s Telegram channel has 122,654 members. The token’s official Twitter account currently has 131,500 followers and 4.1k subscribers in the r / babydogecoin subreddit.

The team has also managed to gain recognition through marketing plans and philanthropic activities. For example, the Baby Doge community donated more than $ 100,000 to the Metro Atlanta Animal Shelter to rescue the dogs. In addition, the Furkids Animal Rescue and Shelters community helped to get a new truck for their “Transfur” program. Furkids vehicles are also provided with the BABYDOGE logo and the website.

Baby Doge makes NASCAR debut

After leading “DOGE father” Elon Musk at NASCAR, the Baby Doge team has also teamed up with NASCAR racing driver Brandon Brown and Brandonbilt Motorsports. Last weekend in Atlanta, Brown’s car was covered with the domain name babydogecoin.com and the Baby Doge logo.

Brandon Brown gave an interview last weekend while racing at Atlanta Motor Speedway | Source: Brandonbilt Motorsports.

On Saturday, Brown finished 31st at Atlanta Motor Speedway. Brown’s Camaro suffered “serious damage to the front right” just a few laps to go.

Brandonbilt Motorsports said:

“It was a tough job for Brown as the # 68 Chevrolet Camaro finished around 10th for most of the event,” said Brandonbilt Motorsports. Brandonbilt also thanked some of his new sponsors:

“However, we would like to thank Baby Doge Coin, Erosion Company – TEC, and Furkids Animal Rescue and Shelters for joining us in the first race of the NASCAR Xfinity Series.”

How are meme tokens performing this week?

The popular DOGE meme token came to NASCAR a long time ago when DOGE fans decided to donate 68 million coins to help fund Josh Wise’s 2014 Ford Fusion. The car with the Dogecoin logo made headlines on the Nashville Superspeedway recently. At the time of going to press, the data shows that memecoins are largely down from last week.

SHIB is down more than 10% in the week and DOGE is down 20%. Baby Doge’s 44% loss is much bigger than those two, but another memecoin, Alaska Inu (LAS) has lost 48% this week and Jejudoge (JEJUDOGE) is down more than 47%. Elon Doge (EDOGE) is up more than 8% this week and Keanu Inu (KEANU) is up nearly 60%.

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