BanklessTimes
Home News Bitcoin Dogs Rockets to $6M in Presale, Shows Unstoppable Pace As Bitcoin Eyes New ATH

Bitcoin Dogs Rockets to $6M in Presale, Shows Unstoppable Pace As Bitcoin Eyes New ATH

Benson Toti
Benson Toti
Benson Toti
Author:
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.
March 1st, 2024

Bitcoin Dogs has hit the $6 million milestone as the project’s ongoing presale gathers pace less than two weeks to the end.

The early success has the crypto community buzzing as the historic ICO draws towards a close with only 13 days to go. Notably, Bitcoin’s match towards a new all-time high could provide the spark that sends 0DOG to the moon.

Bitcoin Dogs presale is on fire

As the first BRC-20 token on Bitcoin to launch as an initial coin offering, Bitcoin Dogs attracted huge attention when it announced its pioneering ICO in February.

The crypto community has since breezed through half of the 30-day ICO. Amid this is a space that’s confident that this project could become the top gaming and NFT platform within the Bitcoin ecosystem.

Allocating an incredible $6 million in $0DOG by this stage of the presale suggests the 810 million tokens available could be gobbled up before the scheduled end on March 15, 2024.

The video below briefly describes what the Bitcoin Dogs project is. Have a look.

Presale participants have more than the chance to be part of something fun – buying $0DOG during the ICO comes with the chance to earn extra from a referral program with 5%.

Taking an early bet on the digital dog game also offers one an opportunity to win a trip to watch the big dog himself Snoop Dogg live in Vegas. The $50k giveaway, which is open here, offers $25k in cash and $25k in $0DOG tokens. It’s a huge bonus that any dog lover would be happy to grab.

Experts predict an incredible bull market for Bitcoin – and Bitcoin Dogs

Earlier this week, Bitcoin price rose to highs of $64,000 for a multi-year peak going back to October 2021. Although prices are hovering near the $62k level, analysts are saying the bull market is just getting started.

The outperformance of spot Bitcoin ETFs which has BlackRock’s iShares Bitcoin ETF (IBIT) as the fastest ever to fund to $10 billion total assets, is a solid catalyst. Bitcoin’s upcoming halving is another.

According to crypto analyst PlanB, creator of the Stock-to-Flow model, Bitcoin is poised for a remarkable run. He pointed to the appearance of the “red dot” on the market cycle chart as confirmation of Bitcoin’s move from an accumulation phase to a bull market phase. The market could be on the cusp of a “face-melting FOMO” in coming months, PlanB noted.

Various predictions put BTC well above $100k in 2024 and higher in 2025.

Bitcoin Dogs will get massive tailwind drive from this, with the 0DOG token poised to also benefit from a potential altseason. Gaming, NFTs and DeFi are all making a comeback after the bear market and projects that stand out for their innovative platforms are on fire as investors aggressively position.

Take a look at the Bitcoin Dogs whitepaper to learn about 0DOG and its potential as a game-changer project within the BRC-20 and Bitcoin layer-2 ecosystem.

You can also join the presale to grab some 0DOG tokens before the presale concludes on March 15, 2024 and tokens go live on tier-1 exchanges.

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.