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Cryptocurrency News Articles
Bitcoin Dogs Could be the Crypto World’s Best-Kept Secret
Sep 20, 2024 at 02:35 am
As the first-ever ICO on the Bitcoin network, this underdog has already made history. Everyone is making huge bets on BTC mooning during this cycle.
Presidential candidates are talking about crypto. Less than two short years after the collapse of FTX and an unbelievably frosty bear market, crypto has made a remarkable comeback. It has become a significant issue in the US election for the first time.
There is no second-best market in the world. Price predictions for BTC are sky-high this cycle. Everyone wants to know the best crypto to buy before Powell starts cutting rates and global liquidity balloons.
Bitcoin Dogs could be the crypto world’s best-kept secret. As the first-ever ICO on the Bitcoin network, this underdog has already made history.
Everyone is making huge bets on BTC mooning during this cycle. Few are paying attention to BTC’s relatively sparsely populated ecosystem. If you were around the last cycle, you know the layer one trade was king. However, which tokens had the highest ROI? Altcoins are the leading layer ones. It’s time for 0DOG to shine as BTC starts booming.
Bitcoin Dogs steps onto the stage
Bitcoin Dogs leaped onto the stage and launched immediately on two massive centralized exchanges following a highly successful presale, which got people talking. 0DOG is now listed on MEXC, one of crypto’s bread-and-butter trading houses, with over 10 million users.
This exchange boasts daily spot trading volumes exceeding $1 billion and support for over 170 countries. On the same day, it was listed on Gate.io, and rumors are already flying about where it will be listed next.
This meme coin is going head to head with the best, and launching on BTC has helped it stay a secret. Markets reward investors who find inefficiencies, and 0DOG’s current valuation must be one of the largest mispricings in the space.
With an NFT Ordinals collection ready to ship this quarter and a play-to-earn Telegram game coming afterward, 0DOG holders are an exceptional value. They are getting more benefits than any other meme coin holder.
Why has 0DOG been called ‘BTC’s best beta trade?’
Deploying a meme coin leveraging the BRC-20 token standard on the Bitcoin network is genius. When FOMO kicks in, and BTC holders start to feel wealthy thanks to price appreciation, they will begin speculating in the ecosystem. This play happens in each cycle, but the best cryptos to buy this cycle are undoubtedly memes instead of other altcoins.
As a BRC-20 token, 0DOG is soft-pegged to the price of BTC. It trades in the same direction. However, its smaller market cap exposes investors to multiplied returns. Instead of going 50X leverage long on BTC and facing the risk of liquidation, investors can buy 0DOG spot. Also, the net result is the same.
Are you bullish on BTC in an era of declining fiat dominance? You should be turbo-bullish on its ecosystem projects like Bitcoin Dogs, which has already earned the title of the ‘‘best BTC beta trade.’’
GameFi expansion coming at the end of Q3
Bitcoin Dogs recently released its liquidity pool, allowing holders to earn APYs over 1,000%. However, these rewards are first come, first served, and the APY will steadily decrease as the pool grows. The real focus is on Bitcoin Dogs’ Telegram game, which will ship at the end of this quarter.
GameFi remains underpriced. The crazy breakout success of Telegram games like Notcoin, attracting 40 million users, proves the underlying PMF and demand for these services.
Bitcoin Dogs’ game has been in production since early this year and is rumored to be ahead of anything markets have seen. Could it repeat Hamster Kombat’s success and attract 300 million users?
Bitcoin Dogs shines as the best crypto to buy before the mania begins. The project is oozing catalysts and is ready to surf on Bitcoin’s coattails. Analysts stated they would not be surprised to see 0DOG become one of the top 100 crypto projects by mid-2025.
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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