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Your orchid is a Phalaenopsis, and that growth is what is called a basal keiki. You are correct that keikis generally are more likely to grow on a flower stem after blooming, but plants will occasionnally make a keiki at the base of the plant. This will more often happen to stressed, unhealthy plants, particularily if the crown has rotted out. It can also be genetic, with certain genetic backgrounds being more prone to it than others.
If you can keep the mother plant alive, that little plantlet will grow into a second plant and eventually produce it's own roots. It's best to leave it attached to the mother plant because the risk of severely damaging one or both of them is rather high.
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Camille
Completely orchid obsessed and loving every minute of it....
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