Hi, their
Today we are talking about why BabyDogeCoin's price is decreasing?
After study & research, we found some results about decreasing the price.
There are three main reasons.
- Selling by Creator
- Reflection
- No Use case
Selling By Creator
The coins sold by Creator & a tremendous supply in the market are the main reason for price decrement.
Reflection
When people got reflection by holding coins, they sold out reflection & wait for more reevaluation.
No Use Case
There is no use of BabyDogeCoin only listed in exchanges & no products available in the market.
How to fix this all?
- The founder should stop selling.
- The team has to make products & market place for a use case.
- The team should burn 90% of its supply & so reflection became low.
- The squad has to pay for listing in trusted exchanges, not wait for a free listing.
- The team has to make a community for price increment.
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