Will it rally higher before it lowers?
Key receivers
Bitcoin has set a new all-time high of $73k and could go higher in the short term.
The pre-sale of Bitcoin Dogs ends in two days and the project has collected more than 10 million dollars so far.
Bitcoin sets new all-time high at $73k.
Bitcoin has set new all-time highs for two consecutive days this week. BTC rose to a new high on Tuesday after trading around $73k. The event came after BTC added more than 1% to its value on Tuesday.
The world's leading cryptocurrency by market capitalization has pulled back a bit. At press time, the price of Bitcoin is $72,060, which is up less than 1% in the last 24 hours.
Thanks to the recent rally, Bitcoin's market cap has now crossed $1.4 trillion, making it the world's eighth-largest asset after silver. BTC may rise before the Bitcoin halving, which is in approximately 38 days.
What is Bitcoin Dogs?
As Bitcoin continues to grow, projects on the Bitcoin blockchain are attracting investor interest. Bitcoin Dogs is one of the projects that is quickly becoming popular among investors.
Bitcoin Dogs is a unique project as it is the first BRC-20 ICO on the blockchain network. This project intends to combine the fundamental features of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi) and the Web3 culture to provide investors with an interesting value proposition.
The Bitcoin Dogs ICO has attracted investors in the Web3 ecosystem and has raised more than $10.5 million so far. The pre-sale will end in two days and the token will start a decentralized and centralized exchange.
The pre-sale began just a few weeks after the launch of Bitcoin ETFs in the US. Bitcoin ETFs launched by BlackRock, Fidelity and others are growing in record numbers as more investors buy into the Bitcoin dream.
In addition, the Bitcoin halving is only 38 days away, and it is an exciting event that could see the price of BTC rise in the near future. These factors make the Bitcoin Dogs ICO unique in the market.
As the first BRC-20 ICO on the Bitcoin network, it is the heartbeat of Bitcoin Dogs. The project is powered by the native $0DOG token.
The pre-sale of Bitcoin Dogs has exceeded 10.5 million dollars
The Bitcoin Dogs presale has raised over $10.5 million in less than a month since its launch. The $10.65 million raised so far shows that investor interest is increasing for this project and the project.
The tokenomics show Bitcoin dogs mint 900 million $0DOG tokens only mint. However, token holders will be given access to a unique collection of NFTs and an immersive gaming ecosystem.
Pre-sale ends in two days, generally lasts for a month. Bitcoin Dogs are taking advantage of the rarity and novelty of the BRC-20 to raise millions of dollars to help develop the product.
$0DOG tokens will be posted on the Bitcoin blockchain. However, investors buy with ERC-20. This is due to the popularity of ERC-20 tokens. After purchasing the tokens with ERC-20 tokens, investors provide a BTC wallet address and receive $0DOG tokens. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.
Click here to learn more about the Bitcoin Dogs presale.
Should you invest in Bitcoin Dogs before the presale ends?
The pre-sale of Bitcoin Dogs ends in two days and the numbers registered so far are amazing. The project is taking advantage of Bitcoin's ongoing rally and the token may also benefit from a bull run.
Bitcoin Dogs is the first ICO on the Bitcoin blockchain and is already attracting investor interest. In addition to the bullish cycle the project is going through, the high adoption rate means that the $0DOG token could be one of the biggest winners in the market in the next few months and years.
