Will other memecoins follow?
Key receivers
DOGE is high at $0.20 after this week's rally.
DOGE, the native coin of the Dogecoin ecosystem, is the best performer in market capitalization among the top 10 cryptocurrencies this week. Memecoin has rallied by 28% in the past few days, which is more than/for all other major cryptocurrencies.
At press time, the price of Dogecoin stands at $0.2093 as DOGE crosses this mark for the first time since December 2021. With Dogecoin rallying, other memecoins may follow suit.
Shiba Inu and Pepe have all performed well in recent days and more may be on the way.
What is Bitcoin Dogs?
Bitcoin Dogs is a project that seeks to take advantage of the development of the Bitcoin blockchain in recent years. It provides utility to users and is the first BRC-20 token ICO on the Bitcoin network.
According to their white paper, Bitcoin Dogs is set to combine the fundamental features of cryptocurrencies, non-fungible tokens (NFTs), decentralized finance (DeFi) and Web3 culture, to deliver exciting value to investors.
Bitcoin Dogs has completed its ICO and raised nearly $13.5 million. The team is now focused on releasing its products and listing the token on cryptocurrency exchanges.
The group announced earlier this week that it is preparing to launch the largest NFT mint on the Bitcoin network.
The project may benefit from the upcoming Bitcoin halving event. The halving event could boost BTC's rally and benefit projects on the Bitcoin network. At the right level of adoption, Bitcoin Dogs Bitcoin blockchain can set a trend that will allow it to compete with Ethereum and BNBChain in ICOs.
Bitcoin Dogs is set to be listed on a crypto exchange.
The pre-sale of Bitcoin Dogs ended a few days ago and the project raised about $13.5 million.
The team will issue $900 million worth of 0DOG tokens alone. In addition, investors are allowed access to a unique collection of NFTs and an immersive gaming ecosystem.
🚀 Brace yourselves, dawgs and bastards! 🐾
Something big is brewing in the BitcoinDogs universe… 🌟
Get ready to witness history with the upcoming NFT Mint! 💎🔥 pic.twitter.com/UPYfL41Ynt
— BitcoinDogsClub (@BitcoinDogsClub) March 27, 2024
In this spirit, Bitcoin Dogs is currently preparing for the largest NFT mint on the Bitcoin network. The next step is to see the $0DOG token listed on crypto exchanges.
Click here to learn more about the recently concluded Bitcoin Dogs presale.
Should you buy Bitcoin Dogs token after listing on exchanges?
The pre-sale of Bitcoin Dogs has now ended, which means that it is impossible to buy $0DOG tokens from the official website. The team is preparing to list $0DOG on multiple crypto exchanges, allowing thousands of investors to gain access to the project.
The crypto market has been very bullish since the beginning of the year and utility projects like Bitcoin Dogs can record very good results in the medium to long term. At the right level of adoption, Bitcoin Dogs can become one of the top tokens.
