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Bitcoin Dogs Presale Accelerates Past $10 Million as Drake Shares BTC Video on Instagram
HomeNewsBitcoin Dogs Presale Accelerates Past $10 Million as Drake Shares BTC Video on Instagram

Bitcoin Dogs Presale Accelerates Past $10 Million as Drake Shares BTC Video on Instagram

Benson Toti
Benson Toti
March 12th, 2024
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Canadian rapper Drake has shared MicroStrategy founder Michael Saylor’s video on Bitcoin, adding to the massive interest the benchmark cryptocurrency continues to generate worldwide.

Amid this excitement, investors are showing staggering confidence in Bitcoin Dogs ($0DOG), a crypto project on the cusp of another historic milestone as its hot presale surpasses the $10 million mark.

One notable fact is that Bitcoin Dogs has reached this level in just 27 days. By Wednesday, only two days will be left before the world’s first ICO on Bitcoin officially closes.

Is this staggering presale success a signal for what’s next?

Drake shares Bitcoin video with 146 million Instagram followers

On Tuesday as Bitcoin price looks to reclaim momentum above the $72k level, rapper Drake posted a video that highlighted the flagship crypto asset.

The celebrity shared the video in which MicroStrategy’s Michael Saylor talked about Bitcoin’s future outlook. Drake has more than 146 million followers on Instagram.

In an interview with CNBC, after his company added 12,000 BTC to hit 205,000 in total, Saylor said Bitcoin’s “killer” use case is a store of value. He also noted that BTC would ‘eat” gold, comments that came as Bitcoin surpassed Silver as the world’s 8th largest asset by market cap.

Drake’s previous involvement in the crypto space includes his collaboration with Stake and bets in BTC on the 2022 Super Bowl.

Bitcoin Dogs presale surpasses $10 million with 2 days to go

Bitcoin Dogs, the first-ever ICO on Bitcoin, will officially close on March 15, 2024. The next phase will then begin with a highly anticipated listing on top tier crypto exchanges.

Ahead of this step, the crypto investor community is showing highest levels of bullishness for the native token $0DOG. The BRC-20 token, for which the Bitcoin Dogs whitepaper indicates there will only be 900 million, has so far attracted over $10.5 million.

The token’s price has in the last nine stages increased from $0.010 to the current $0.0404 in stage 10. This is the final ICO stage. Bitcoin Dogs plans to burn any tokens that will be unsold.

What next for Bitcoin Dogs?

Bitcoin Dogs is a new project in the burgeoning Bitcoin ecosystem. It’s one of the pioneers of new use cases leveraging Bitcoin’s secure blockchain network. In terms of what the project is all about, one would think of Tamagotchi, but on Bitcoin.

A new GameFi era that taps into the growing popularity and adoption of Ordinal NFTs, with a tinge of man’s love for the dog.

$0DOG is set to be at the core of this ecosystem, offering holders access to an immersive game ordinal NFTs experience. This combined with the expected growth for Bitcoin’s layer-2, BRC-20 and DeFi landscape means $0DOG is poised to take an early lead in the ecosystem.

In the next few months, Bitcoin Dogs will also launch its highly anticipated game in beta, with NFTs and then play-to-earn partnerships to follow.

The opportunity is huge amid Bitcoin’s potential to explode to $100k and beyond. Investors see this as the time to buy. It’s an outlook that sees promising gems such as $0DOG become the hottest trend.

For more on Bitcoin Dogs ($0DOG), visit the official website.

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.