Katie, 36, gave birth via c-section on Monday afternoon and people are already making bets on the possible name.
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Her only other daughter is called Princess Tiaamii Crystal Esther so we would imagine she's planning something just as amazing as that.
Betting shop Paddy Power have tipped the little girl to be called Angel.
This sounds like it could actually be a possibility, as Angel is the name of Katie's extremely successful debut novel.
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Although Paddy Power also think that the former glamour model will call her daughter her alter-ego Jordan.
We're almost certain that the name is going to be something very 'out there' and Katie Price-esque, but the list of possible names also includes Grace, Scarlett and Poppy.
A spokesperson for Paddy Power told a British magazine: "The question is will Katie go traditional or attention-seeking silly.
"Given her previous record we're tipping that an Angel, Vogue or Foxy will be introduced to the paps soon."
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Katie previously teased that she would name the baby after herself, saying: "My real name on my birth certificate is Katrina Amy Alexandra Alexis Infield.
"I might name this baby Katrina to follow my name through."
We can't wait to find out what name KP has chosen!