London, United Kingdom, February 21, 2024, Chainwire
Bitcoin Dogs has now raised a total of $3.1 million in the first six days of its historic pre-sale. The project’s BRC-20 token, 0DOG, is the first-ever ICO on the Bitcoin blockchain.
Bitcoin dogs is leveraging the recent Ordinals protocol to break new ground in the Bitcoin ecosystem and the team plans to launch a 10k-strong NFT collection later this year.
The opportunity to be part of history has been a key selling point for the brand, no doubt fueled by the token price increasing every three days until the presale ends on Friday, March 15 – at which point the token will become available for trading.
In less than 6 days the Bitcoin Dogs’ X community has passed 80,000 followers, while another 14.5,000 people are actively discussing the project in the Telegram community.
Bitcoin Dogs (0DOG) is available on the official website website.
The way forward for Bitcoin dogs
In addition to the historic ICO that launched the 0DOG token, Bitcoin Dogs has a very comprehensive roadmap as outlined in its white paperconsisting of a new play-to-earn game and one of the largest collections of Bitcoin NFTs to date.
Retro 8-bit graphics bring the Bitcoin Dogs universe to life, a subtle nod to early NFT collections like CryptoPunks and classic pet simulator games like Tamagotchi.
The gameplay is heavily integrated with social media, a mechanism designed to build community and bring the game to a wider audience. By sharing progress, players can earn in-game currency, which they can then use to compete against other players in hair-raising dog-themed races and competitions.
Pricing drivers for 0DOG
There are a slew of factors likely contributing to Bitcoin Dogs’ success, including strong project fundamentals and a resurgent crypto market led by Bitcoin, in addition to a powerful value proposition.
Bitcoin Dogs offers a tangible product, with a game and NFT collection on the horizon. The roadmap for the project is also clear, with a long-term strategy to maintain interest beyond the ICO.
The ICO itself has also been a major selling point: the initial pre-sale of Bitcoin-based tokens has attracted numerous buyers, and the short 30-day period has encouraged potential customers to get in early. The increased momentum could also be caused by the price increase every three days.
The project’s proximity to Bitcoin is also likely a boon. Bitcoin has seen a higher price appreciation in 2024, stabilizing above $50,000 at the time of writing, ahead of the next halving, scheduled for April.
With media included Muntelegraaf By predicting new highs in the wake of the halving, the broader market could benefit as well, and if so, Bitcoin Dogs is well positioned to enjoy Bitcoin’s slipstream.
Additionally, the BRC-20 token standard (which allows new cryptocurrencies to be staked on and secured by the Bitcoin blockchain) has generated a lot of buzz since its unveiling in 2023. BRC-20 projects like ORDI and ORNJ have seen rallies of 3,000% and 677% respectively.
With these kinds of possibilities at the forefront, Bitcoin dogs wants to be the leading candidate holding the BRC-20 torch. With only 23 days to go, time is running out until the long-awaited opening of public trading.
About Bitcoin Dogs
Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. Bitcoin’s truly permissionless immutability is being leveraged to create the 0DOG token, while developing a play-to-earn (P2E) gaming experience and NFT collection exclusively for 0DOG holders.
For more information (0DOG), users can visit Bitcoin Dogs’ website.
Website | White paper | Social
Contact
Bitcoin dogs
Bitcoin Dogs team
pr@bitcoindogs.club