Baby Doge Coin surged over 75% after Elon Musk posted a black-and-white Godfather-inspired tweet. <\/p>\n
While Bitcoin (BTC<\/a>) has shown volatility recently following its push to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE<\/a>) has outpaced the market conditions.<\/p>\n The price of BABYDOGE has pumped from a 24-hour low of $0.0000000002443 to as high as $0.0000000004448 following Musk\u2019s tweet.<\/p>\n <\/p>\n Musk has shown his influence in the crypto market before. Recall how his previous tweets about Dogecoin (DOGE<\/a>) triggered a price pump and, eventually, a lawsuit<\/a>.<\/p>\n The Tesla founder tweeted a photo of himself and his son along with the words \u201cDogefather\u201d and \u201cDogeson\u201d stylized like the logo of the 1972 film \u201cThe Godfather.\u201d As a reply to the tweet, he mentioned \u201cDoge & Minidoge\u201d.<\/p>\n Following the tweet, the price of DOGE jumped over 4%, and BABYDOGE rose by over 75%. <\/p>\n The official X account of BABYDOGE also replied to the tweet, \u201cYou mean babydoge?\u201d<\/p>\n On Dec 5, the Baby Doge team tweeted<\/a> that \u201cin the crypto world, the only thing more unpredictable than BabyDoge\u2019s next move is what Elon Musk will post next.\u201d<\/p>\n On the development side, the meme coin team has been working on launching their meme token launch platform called puppy.fun.<\/p>\n BABYDOGE also recently renounced their token contract on Solana (SOL<\/a>). The meme coin, which was initially launched on the BNB Chain, has now also expanded to the Solana network. In late November, Binance had also announced a new spot listing for BABYDOGE.<\/p>\n The recent surge of BABYDOGE amidst the volatile market conditions could primarily be attributed to Musk\u2019s tweet alongside the overall developments by their team.<\/p>\n <\/p><\/div>\n![\"Baby](\"https:\/\/crypto.news\/app\/uploads\/2024\/12\/chart24-1024x782.png.webp\"\/)
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