One thing is sure about crypto—it always keeps us on our toes. Something huge can always happen almost overnight. BABY crypto by Babylon just faced a huge drop after a viral launch. We’re talking $1.2 billion in Bitcoin unstaked, which sent the TVL crashing by 32%!
This has people talking, and many speculate whether it was a planned move or just regular crypto drama. Will BABY come back, or will things only go downhill from here?
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Can Babylon Sustain The BTC Rewards of Baby Crypto?
The recent drop in happened shortly after the end of their airdrop campaign. On 3rd of April, the Babylon foundation distributed 600 million BABY tokens to early contributors and staking participants. After a matter of hours, approximately 256 BTC, valued at over $21 million, were unstacked from the protocol.
One transaction stood out by consuming a third of a Bitcoin block with a fee of 1.35 BTC. Users who received their BABY tokens reward then proceeded to purposely unstake their Bitcoin. This triggered a 32% drop in the total value locked and raised many questions about the project’s long-term stability.
in the past 24 hours, 256 BTC has been unstaked from Babylon
these unstaking transactions paid a total of 1.35 BTC in fees and consumed 1.318 MvB of blockspace pic.twitter.com/UVl82fEJmn
— mononaut (@mononautical) April 4, 2025
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Bab lets users earn rewards by staking their Bitcoin and aims to bring BTC into the DeFi ecosystem. The idea behind the project is to use the best of both worlds: Bitcoin’s secure and non-custodial nature, as well as modern dApps and PoS variety.
Some key utilities of BABY are governance, network security, transaction utility, and rewards and incentives. Everyone who holds the coin can propose and vote on decisions about the project’s future. The coin’s PoS nature maintains consensus and support for validator operations.
It is built using the Cosmos System Development Kit (SDK), allowing people to stake their BTC in a non-custodial way. The native token of Babylon is also used to pay transaction fees. Everyone who stakes their BTC and $Baby tokens receives a reward through Baby tokens.
Is it sustainable? Can BABY pump back? Only time will tell.
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Although all these features and the help of BTC aura covering the BABY coin downtrend are relentless, right now, staying at solid support, there is little hope that it can reverse from here. As Roman philosopher Seneca once said, “Time discovers truth.”
There is one truth for sure: receiving BTC just by holding $BTCBULL. One of the hottest presales is happening right now. With over $4.7 million raised so far, they are in presale and offer a fixed rate per coin of $0.002465.
One of the project’s most unique features is its vision for the future of BTC. Whenever BTC reaches a new milestone, the team will either burn $BTCBULL or airdrop BTC to people holding their native token. This will happen until BTC reaches $250k, which is something everyone knows will happen.
One of the best communities in the space makes it a desirable hub of interests. You can buy it super easily with crypto or via a card.
$BTCBULL is built on Ethereum, which means it is EVM-compatible and benefits from the world’s most used crypto blockchain. Although it is built on ETH, it will be compatible with the multi-chain wallet, meaning you will receive BTC while operating on Ethereum.
In combination with BTC, $BTCBULL is the ultimate play for the next massive bull cycle, turning it into the best presale for 2025. $BTCBULL is the project of the people also because it is dipping its toes into the meme world. This is a concoction for success that is waiting to explode.
Follow BTC Bull on X (Twitter) and Telegram for the latest news.
Want to know more? Visit the BTC Bull token website here.
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