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Cryptocurrency News Articles
Bitcoin Dogs: The Best BTC Meme Coin for Wild Returns in the Coming Twelve Months
Oct 24, 2024 at 08:23 pm
With a Telegram game launching on October 30th and Bitcoin flagging every indicator that it wants to enter price discovery mode, there has never been a
Bitcoin retail activity is finally showing signs of life after months of dull price action. As the world’s largest cryptocurrency trades directionally within a narrow range, smaller investors have been largely sidelined. However, over the last month, transactions valued at less than $1,000 have spiked 13%. This is a classic early indicator of reduced risk aversion among smaller investors, which almost always precedes another leg up in BTC.
Related Reading: Bitcoin Price Analysis For October 28, 2023: BTC Bulls Defend Key Support, Now Primed For Takeoff?
Bitcoin retail demand increases for the first time in four months. Source: santiment
This activity among smaller investors has been lagging behind institutional activity for the majority of the year. As BTC began rallying from the mid-$30,000s, institutional investors were skeptical. But once the dust settled and Bitcoin began trading above $40,000, TradFi ETF inflows began dominating the market.
Now that BTC has crossed $70,000, smart money has gone from skeptical to full-blown BTC bulls. A lot of this is thanks to Larry Fink’s positive BTC coverage, which has helped propel Bitcoin to new all-time highs and set a new price target of $233,000 by 2025.
Bitcoin Dogs Could Be The Best BTC Meme Coin For Wild Returns In The Coming 12 Months
As institutional investors pivot their attention to the Bitcoin ecosystem, so should you. While everyone is focused on BTC, projects like Bitcoin Dogs are preparing for another capital rotation into the BTC ecosystem. And when FOMO finally kicks in, these Bitcoin meme coins or BRC-20 tokens will be some of the year’s best performers.
Bitcoin Dogs is set to launch its Telegram game on October 30th. Key into the project for the first time in a long time, and 0DOG holders couldn’t ask for a better catalyst as retail returns to markets. 0DOG is the leading BTC beta play, and it is ready to rip in Q4 and continue soaring in 2025.
0DOG is also uniquely positioned on-chain as the first Bitcoin blockchain ICO. Earlier in the year, traders and investors were piling into BRC-20 tokens, but since then, there has been absolute silence. Naturally, intelligent investors are scooping the dip, buying when mindshare is elsewhere, to sell when FOMO returns to the BTC ecosystem—the oldest trick in the book.
When BTC crosses $100,000, most investors are not prepared for how quickly the ecosystem will reprice. Any investor who was in crypto during DeFi summer will remember when ETH rallied aggressively and how insane the following capital rotation into ecosystem altcoins was. This cycle will take place on Bitcoin, and projects like 0DOG could enjoy some of the most oversized pumps, especially in 2025 – the post-halving year.
0DOG is already considered the best BTC meme coin among analysts and has the best positioning of all BTC-native altcoins. October 30th and the following weeks will be massive for Bitcoin Dogs as its Telegram game could potentially convert millions, if not hundreds of millions, of players into 0DOG holders.
۰DOG trades directionally with BTC but has a lower market cap. If you are bullish on BTC, you are de facto bullish on 0DOG. If Bitcoin makes a 2X from here, 0DOG will likely make a 50X. Next year is when things get crazy, and you need to buy before then!
Telegram games were this cycle’s dark horse, and the Bitcoin Dogs’ team has not stopped shipping. Join the party before mania breaks out by buying 0DOG here or buy the bridged Ethereum token, which can be utilized to farm more tokens in the boosted liquidity pool.
Visit the official Bitcoin Dogs website to learn more.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bitcoin (BTC) Primed to Break Records Regardless of Election Outcome as the Crypto Market Remains Optimistic
- Oct 25, 2024 at 12:25 am
- No matter who wins the upcoming election, the overall outlook for the crypto market remains optimistic. However, the direction for Bitcoin and altcoins could vary depending on the leadership.
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- Dogen Presale Breaks Records, Eyeing Solana and Dogecoin Traders — Could This Be the Next 5000% Gainer?
- Oct 25, 2024 at 12:25 am
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- Avalanche (AVAX), Ripple (XRP), and BlockDAG (BDAG) Are Gaining Momentum, Offering Promising Opportunities Amid Market Shifts
- Oct 25, 2024 at 12:25 am
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- DTX Exchange’s presale tops $5M, aiming for a $0.20 listing post-launch on CoinMarketCap, as confidence wanes in ADA and DOGE
- Oct 25, 2024 at 12:25 am
- DTX Exchange's presale performance has changed the game for crypto lovers. Its presale collection has crossed the $5 million barrier and is now eyeing