FOMO BABY (FOMOBABY) price analysis and forecast

FOMO BABY coin represents a deflationary rebasing token. It boasts an automated liquidity feature, NFT and Lottery Draws, and Staking options. The rebasing feature is mathematically structured to increase the coin’s price, keeping the charts green. As per the Coin market cap, this project is featured as an ‘Untracked Listing .’ On Coinhecko we can see FOMO BABY Price today is $0.000000000006194. The highest price paid for the coin was $0.00088706. Let’s look in detail at the baby fomo coin price analysis.

FOMO BABY Coin Price Analysis

24h Lowest price / 24h High $0.000000000006273 / $0.000000000006393
7d Low / 7d High $0.000000000006273 / $0.000000000006393
24-hour Trading Volume $0.03096914
All-Time High $0.00088706 Nov 16, 2021 (over 1 year)
All-Time Low $0.000000000004702 33.76% Jul 26, 2022 (10 months).

When it comes to circulating supply and market capitalization of fomo baby coin, there is no reliable data.

Looking closer, you can see that all the social media accounts related to that coin are suspended. Also, you cannot reach their official website. It seems that here we are dealing with the shit coin. Which obviously didn’t aim to become one, according to the announcements of its launch two years ago. 

Fomo baby coin pre-sale took place on Oct 4, 2021. The coin was presented to the public as a brand-new DeFi coin with an innovative structure. Also, one of the main perks announced was “Rebasing Contract.” The purpose of rebasing the contract was supposed to be to reduce the circulating supply and adjust the price.

FomoBaby was created to be a deflationary rebasing coin. Another feature would be an automatic liquidity mechanism making the coin price go up indefinitely. Fomo Baby coin was developed for use on the NFT marketplaces.

Fomo baby coin price prediction

It is difficult to predict the price behavior of Fomo Baby coins due to the lack of data and the meager Fomo Baby today’s price and 24-hour trading volumes. Or simply, we could admit that we are dealing with one another shit coins on the market? 

The term “shitcoin” is an informal term often used in the cryptocurrency industry to refer to cryptocurrency that is considered low quality, worthless, or fraudulent. Shitcoins are generally characterized by projects that have no odds of success in the long term, low market capitalization, a lack of transparency or an absence of real technological innovation, or even a total absence of a project.

The post FOMO BABY (FOMOBABY) Price Analysis and Forecast appeared first on FinanceBrokerage.

Author