London, UK, March 13, 2024, Chainwire
Bitcoin Dogs has currently raised an impressive total of $10.6 million as we approach the final 48 hours of the pre-sale, after which 0DOG tokens will be available for public trading.
The first ICO for a token built on the Bitcoin blockchain began on February 14th.debuted in product video Gaining thousands of views and achieving viral growth, 110,000 followers Over 25,000 members on X telegramall completed within 30 days.
This extraordinary response was largely fueled by Bitcoin Dogs’ innovative use of the Bitcoin Ordinal Protocol, Bitcoin’s 2023 update that enables token minting and NFTs on the Bitcoin blockchain. This places Bitcoin Dogs firmly within his Web3 camp, as the project offers both his 0DOG tokens, NFT collections, and GameFi experiences to those who invest.
0DOG is currently available for purchase at a final price of $0.0404 before it becomes available for public trading. Pre-sale ends on Friday, March 15th.
0DOG can be purchased below. Bitcoin Dogs website.
Born and raised with Bitcoin
Ordinals allows you to write collectibles and custom tokens to Satoshi (“Sat”), the smallest denomination of Bitcoin. This has allowed NFTs and “BRC-20” tokens to flourish on the Bitcoin network. grayscaleBitcoin is currently vying to become the dominant NFT chain, surpassing Ethereum.
Bitcoin Dogs uses Ordinals in two ways, making it likely to be the flagship project for the protocol. First, 0DOG tokens are issued based on the BRC-20 standard. This means that 0DOG tokens are stored and transferred on the Bitcoin network, similar to ERC-20 tokens such as Ethereum's SHIB. The BRC-20 token has been extremely popular since its debut last year, and there are still two tokens left. top 100 Cryptocurrencies by market capitalization.
Second, Bitcoin Dog, available only to 0DOG holders, uses ordinal numbers to carve an image on Satoshi and mint 10,000 NFTs on the Bitcoin blockchain.Like ordinal NFT collection bitcoin frog NodeMonkes and NodeMonkes have grown in popularity in recent months, with the latter being a hit. Sales of $1 million In early March.
bitcoin dog adopts the same 8-bit graphic style as these projects and implements the popular “Doge” style images on top of it.
The Bitcoin Dogs team is optimistic that the Ordinals use case will allow Bitcoin Dogs to benefit from the overall bullish sentiment surrounding the Ordinals protocol. The team hopes owners will replicate the success story of ORDI and other notable NFT collections.
presale
As the final 48 hours approach, 0DOG is currently selling at $0.0404, the final fixed price before the token becomes publicly tradable.
At the end of the pre-sale, unsold tokens will be burned and permanently removed from circulation. This means that the total supply, initially 900 million units, will ultimately be determined by the market.
As supply decreases due to the burn, the price of 0DOG could theoretically rise if demand persists. deflation pressure Something like this is believed to create long-term value for tokens like Bitcoin and many other cryptocurrencies.
The Bitcoin halving, scheduled for April, is traditionally associated with increased scarcity, and the team predicts the Bitcoin price could surpass its all-time high of $72,968,000. ing. Furthermore, the team expects this surge to spill over into the broader crypto market, suggesting that the broader crypto market could benefit from the ensuing hype.
Pre-sale ends on Friday, March 15th.
About Bitcoin Dog
Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, games, and a new type of token come together to deliver the first ICO on the original Bitcoin blockchain. Bitcoin's true permissionless immutability has been leveraged to create the 0DOG token, and a play-to-earn (P2E) gaming experience and NFT collection has been developed exclusively for his 0DOG holders.
For more information on Bitcoin Dogs (0DOG), users can visit: Website.
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contact
Bitcoin Dogs Team
bitcoin dog
marketing@bitcoindogs.club
Source: the-blockchain.com