Am I the only one to be fed up with these BabyCake, BabyDoge or ShibaPup or do you also share this boring feeling that I started to get a while ago?
In order to remain factual, let's have a look at the past performance of some well known BABY PUP coins:
- ShibaPup: -64% over the last 30 days
- BabyElon: -61% over the last 7 days...
- BabyCake: +82% over the last 24 hours!!
I know what you are thinking: wow, BabyCake is doing well, I should buy some, and sell it when it is the right time.
So, let's have a look at what happened with ShibaPup, a similar token which was supposed to be very promising and to pump very high:
- Sunday, May 9, 5:01 am: $1.39
- Wednesday, May 12, 10:28 am: $39.96
- Wednesday, May 12, 10:38 pm: $8.74
- Thursday, July 22, 6:41 pm: $0.43
In summary, the price has been divided by 3 if you bought it at the beginning, and by almost 10 if you bought it at the worst moment. It also lost 80% of its value in only 12 hours... So you might think that you will be smarter than the other guys and buy the BabyCake (which is a new ShibaPup) at the cheapest price to sell it at the highest one, but you have probably already missed the cheapest price and you may already be close to the highest one.
In summary, these BABY PUP coins mostly make rich the guys who created them. So if you want to get rich yourself, you may learn coding and launch your own one instead of giving your precious BNB or BUSD to those guys. Please remember that the crypto world is already a bit crazy in general (since even the biggest coins like BTC and ETH are already very volatile) and totally crazy when it's about these BABY PUP coins that are flourishing on the BSC.
Do your own research as usual, and if you want some insights into some coins or tokens with a real potential, please click on this link.