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Baby Cake

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Baby Cake is a meme coin that is "the first CAKE reflection token." Holders of at least 200,000 BABYCAKE get paid hourly rewards for holding BABYCAKE.

Despite the fact that it's still a very new meme coin — Baby Cake was only launched on July 17, 2021 — Baby Cake has already grown a big community thanks to a concentrated influencer marketing effort. It has over 40,000 followers on Telegram and over 15,000 followers on Twitter, and Baby Cake has already reached a market capitalization of over $30 million as of August 2021. It still plans to add an earnings tracking dashboard, as well as an NFT platform, although the roadmap doesn't specify when that's going to happen.

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Authenticity & future plans

BabyCake: A token fair launched on the Binance Smart Chain. BabyCake is designed to Automatically reward its holders with 7% Cake redistributions termed “reflections”. According to their roadmap, BabyCake plan on releasing several products in the future, including an AR Gaming App, not many details is known about the app is known at this time.

Markets/Exchanges:
At time of writing, BabyCake is listed on one Exchange, which is the ZT Exchange.

Products:
BabyCakeSwap
BabyCake NFTs
BabyCake AR Gaming App
BabyCake Merch

Transparency & Contract

According to the Certik Audit, a total of 16 issues was found, 3 medium (Acknowledged), minor (Acknowledged) and 10 informational (4 Resolved & 6 Acknowledged). Issues acknowledged but resolved was said to be updated and or monitored by the next release/update.

Audit:
BabyCake was audited by Techrate and Certik

Contract Address:
0xdb8d30b74bf098af214e862c90e647bbb1fcc58c

Contract Code Review:
Upon reviewing the contract code, we did not find any discrepancies between the contract code and what is inherently written on their website. BabyCake contract is not renounced.

Current Market Cap:
$9,506,773

Current 24Hr Volume:
$107,799

The above data is According to CoinMarketCap at time of writing.

Liquidity, Tax & Reflections

All holders gain passive income of 7% from just holding BabyCake token in their wallets. The passive income is redistributed in the form of Cake. The amount of passive income solely depends on the amount invested as well as the amount transactions and volume.

Liquidity:
BabyCake Liquidity is lock in DxLocker for 1 year

Tokenomics:
Total Supply: 1,000,000,000 (100 Billion)
Circulating Supply: 96,000,000,000
Buy tax 15%
Sell/Move/Transfer Tax 15%
Whale/ Swing Trading + 1%
Redistribution 7%
Liquidity Pool 3%
Marketing Wallet 5%
Minimum Reward Requirement 200,000

Community

BabyCake's community is an organic community with frequent comments being asked and answered, as well as an area dedicated to announcements and FAQs.

Check out their pinned messages, you just might find the information you are looking for.

42.4K Twitter Followers
37K Telegram Members
604 Reddit
55.5K Holders/Wallets

Conclusion

BabyCake is one of the first tokens to rewards the holders with Cake reflection. Moreover, with the upcoming product release of NFTs, Gaming App, BabyCakeSwap, this token intends to give the investors some assurance of its longevity and continued Cake rewards.

Recommendations: Not much can be said by way of recommendations. The project is solid, the roadmap is clear, the whitepaper is detailed and informative and they had 2 audits done, 1st by Techrate at launch followed by Certik.

Recommend getting listed on more exchanges.

First Published:
Friday, 8 October, 2021
Last updated:
Sunday, 10 October, 2021
Baby Cake

68

Scoring legend:
Below 50: Needs improvement
50-75: Getting attention
Above 75: Massive potential

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