In an effort to tap into the anticipated Bitcoin (BTC) bull market rally, investors have used the sharp dip witnessed on Tuesday to take new positions.
Among tokens seeing new buyside pressure are ORDI and SATS, the top two BRC-20 tokens by market cap. Also in the limelight is Bitcoin Dogs (0DOG), a new crypto set to disrupt the NFT and gaming space – particularly within the emerging Bitcoin ecosystem.
Bitcoin Dogs: Making waves as investors eye Bitcoin momentum
Bitcoin Dogs just hit its latest milestone when it comes to its epic presale on the Bitcoin blockchain. As of Wednesday afternoon March 6, the ICO sale of the 0DOG token had surpassed the $8 million total raised mark.
Understandably, interest from early investors is very high, with just 8 days to go before the pioneer ICO on the flagship blockchain network ends.
At the current price of $0.0343, 0DOG is still relatively heavily discounted compared to what analysts forecast for Bitcoin Dogs.
By joining the presale, early backers are helping to lay the foundation for one of the top emerging NFT and gaming projects in the crypto space. This ecosystem is specifically the BRC-20 market, where a number of projects currently show huge promise.
But Bitcoin Dogs plans to be at the core of the revolution with its 10,000 Ordinal NFTs and immersive metaverse world dubbed “Dogaverse.”
It’s an ecosystem where participants will have an opportunity to have fun while earning yield, as well as collect, display and trade the rarest of Bitcoin NFTs. 0DOG will serve as the platform’s governance and utility token, while BARK will serve as the in-game currency.
Learn more about Bitcoin Dogs from the whitepaper.
Why is Bitcoin Dogs worth buying today?
A look at the current market conditions and the possible tailwinds in 2024, there’s that potential for this to turn into a 50x, 100x or more token.
The past week saw a huge explosion in NFTs on Bitcoin as the BTC price rose sharply. Market data has shown there’s a resurgence in NFTs, with collections on Bitcoin seeing a decent surge in sales and total transactions.
Bitcoin Dogs’ market launch is likely perfectly aligned with the bullish outlook not just for crypto, but for NFTs and gaming.
The market opportunity here also comes with the fact that Bitcoin Dogs will soon hit crypto exchanges.As is likely to be the case, 0DOG could witness a sharp surge in demand amid rising speculation and FOMO (fear of missing out) as Bitcoin leads the next wave of gains.
To avoid having to scramble for a position amid massive demand, crypto enthusiasts are hoarding 0DOG at current prices. The presale offers this great opportunity with just cents per token.
Find out how to buy or learn more about Bitcoin Dogs by visiting the project’s official website.
