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Bitcoin Dogs Presale Hits $5M as Crypto Investors Get Aggressive
HomeNewsBitcoin Dogs Presale Hits $5M as Crypto Investors Get Aggressive

Bitcoin Dogs Presale Hits $5M as Crypto Investors Get Aggressive

Benson Toti
Benson Toti
February 27th, 2024
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With the crypto market in the ascendancy over the past few days, one of the biggest headline stories is turning out to be that of Bitcoin Dogs.

Given, Bitcoin price breaking above $57,000 for the first time since November 2021 is a huge move. Also massive has been the skyrocketing demand in the spot Bitcoin ETF market – Monday’s $2.4 billion in volume a record for the digital asset industry.

Bitcoin Dogs’ run to $5 million days after it launched the first-ever ICO on the Bitcoin blockchain, also ranks up there with the top crypto news of the week.

Bitcoin Dogs: Making ICO history amid Bitcoin’s rally

Bitcoin’s breakout price movement this week is forecast as a potential out of the blocks move that could accelerate as the halving comes into view.

Further gains are expected amid the supply shock that follows the halving. The demand within the spot Bitcoin ETFs market will also catalyse the projected post-halving rally.

Bitcoin Dogs, the new BRC-20 project primed to dominate the ecosystem’s gaming and NFT landscape, will also benefit from these tailwinds. The virtual world that Bitcoin Dogs looks to bring to Bitcoin isn’t just about the trading of dog-inspired collectibles or interacting in an immersive gaming environment.

There’s a whole market waiting to explode on top of Bitcoin. As analysts at investment firm Pantera Capital recently pointed out, the NFTs, DeFi and GameFi ecosystem on Bitcoin is nascent.

However, it’s a $500 billion market that could get explosive with a major shift from layer-2 projects.

The Bitcoin Dogs whitepaper outlines a project that will tap into this potential. See the whitepaper here.

Bitcoin Dogs: Get BRC-20 token after presale

Bitcoin Dogs’ native token $0DOG is a BRC-20 token. The project has minted 900 million $0DOG on this token standard. However, the presale is via the ERC-20 token to make it easier for users to buy with USDT, USDC, ETH or BNB.

When the presale ends, users will receive BRC-20 tokens in their wallets.

Bitcoin Dogs presale hits $5 million

Now, the $0DOG presale launched on February 14. With less than two weeks on the clock, the project has surpassed $5 million. It’s now 16 days to the end of this historic presale.

For investors who fancy a bet on growth around the Bitcoin ecosystem, this might be a great time to stretch those paws and grab some $0DOG.

In the current stage, the price of $0.0251 looks attractive still given where it might go when the presale ends on March 15 and tokens hit top tier exchanges. This price will jump to $0.0281 in the next few hours and then again in three days.

To join the early pack and get poised for a great hunt during the bull market, check the Bitcoin Dogs presale page.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.