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Baguette Token (BGTT) – the favorite cryptocurrency of baguette eaters, has recently had a flood of tasty news. Baguette token is a community-based ERC-20 meme token with potential use cases for memeing, staking, shopping, yield-farming, gaming, and much more. The Baguette token is trying to overtake Dogecoin (DOGE) through baguetting, which is a potential future event when Baguette Token overtakes Doge as the most valuable meme in terms of market capitalization.
Here is field footage of the legendary meme battle between Baguette and Doge:
In terms of project development, things have been cooking for the first digital Baguette ecosystem during the past few weeks.
First and foremost, the BGTT token is going to be listed on ProBit exchange on October 16th. ProBit is a global top 20 cryptocurrency exchange in terms of real trading volume, which has successfully launched over 200 initial exchange offerings (IEOs) and features more than 500 trading pairs.
Also, Baguette formed a strategic partnership with Ferrum Network. Ferrum is an industry leader when it comes to providing Staking-as-a-Service to dozens of web-based projects and wallet staking platforms and delivers passive yields to thousands of investors.
Here is a short video about BGTT staking:
Besides, the Baguette Token project announced the second version of its website. Now, the Baguette website is even more responsive, beautiful, and complete. See it for yourself at www.baguettetoken.com.
Moreover, the BGTT token is listed on ATOMARS exchange as of October 7, 2020. ATOMARS is a global fiat-to-crypto exchange that is on a mission to build tools that make cryptocurrency trading fast, easy, and secure.
The token hodlers can also rejoice about BGTT token burn news, which occurred on October 5, 2020. The total token supply of BGTT was reduced from 66.5 million to 50 million, thus further increasing the rarity of the tokens. The burned Baguette’s (BGTTs) were sent to the Ethereum Genesis address, where no one will be able to access them again.
Prior to the token burn, the project developers also bought back USD 15,000 worth of BGTT (more than 1,000,000 BGTT) on Uniswap. The funds will be used to further fund the project development and spread the word about Baguette’s worldwide.
If you’re interested to learn more about the Baguette token project, you can join the official BGTT community channels, which can be found here:
These communities mark the first steps towards creating the Baguette Token DAO, which will allow the token community to take full control of the protocol and participate in future developments.
Speaking of future developments, the upcoming project updates include decentralized staking, which should be added to the project’s website in early November.
Follow Baguette Token’s social media channels for further announcements!