Bitcoin Dogs: Upcoming 0DOG launch sparks excitement

Bitcoin Dogs made a historic announcement on Friday, February 9, with its upcoming launch of the first-ever ICO on the Bitcoin blockchain setting the market ablaze with excitement. While the Bitcoin Dogs presale starts on February 14, 2024, the crypto market is already buzzing as investors eye a potentially staggering Bitcoin performance in coming months.

Bitcoin Dogs brings first-ever ICO onto Bitcoin

In 2009, Bitcoin made history as the world’s first cryptocurrency and continues to drive the narrative of financial innovation today. Since Satoshi Nakamoto’s Bitcoin whitepaper helped inspire countless spinoff projects – altcoins – none of the thousands of coin offerings had launched on the pioneer blockchain.

Until Bitcoin Dogs. The project is tapping into Bitcoin’s security and vast ecosystem. Set for next week, this fair launch token has investors salivating for what’s possible.

Notably, the outlook for Bitcoin in 2024 is extremely bullish. Catalysts such as the spot ETF approval and BTC halving have seen crypto and broader market experts predict Bitcoin price could run to $1 million in coming years. Cathie Wood, CEO of Ark Invest has previously shared this forecast, as has former BitMEX CEO Arthur Hayes.

What is Bitcoin Dogs?

While it’s the first presale on Bitcoin blockchain, Bitcoin Dogs is a project that’s looking to take the BRC-20 token environment by storm.

The whitepaper outlines Bitcoin Dogs as a decentralized, community-driven project that is set to bring a new GameFi and NFT collection ecosystem to Bitcoin’s expanding L2 ecosystem.

Amid the growing BRC-20 wave, Bitcoin Dogs is a project envisions a Dogoverse metaverse and NFT Ordinals. It’s here where man’s best friend lovers can raise, care for, trade or play with their virtual dogs in an immersive play-to-earn (P2E) game.  

These features are exclusively available to 0DOG holders. One can hold, sell, or use their tokens for in-game bets against other dog owners as they battle for supremacy in exciting races. Holders will also have the opportunity to earn from staking rewards, which comes with a 75% APR.

Bitcoin Dogs presale: Why is it a likely opportunity?

While the total supply will be minted on the BRC-20 token standard, Bitcoin Dogs presale allows participants to buy 0DOGS with ERC-20 tokens. Buyers must however submit their Bitcoin wallet that will receive the BRC-20 token when the presale ends. 

According to details in Bitcoin Dogs’s announcement, the 0DOG presale will run for just 30 days. The tokenomics highlight a total supply of 900 million 0DOG tokens, 90% of which will be up for grabs until March 15, 2024.

Any unsold 0DOG tokens after the final presale day will be burned, or as stray dogs, put down. This approach is part of 0DOG’s deflationary mechanism, which speaks of the positive long term outlook for the token.

Investors eyeing an early bite at the 0DOG pie have a chance to position right from a presale price of $0.015 in stage 1.

Given the price is set to increase every 3 days, the final stage will have the 0DOG sitting at $0.0404, projecting an impressive 169% price increase during the ICO. Early-stage crypto enthusiasts keen to grab this opportunity can get into position by signing up for Bitcoin Dogs’ waitlist.

When the presale goes live, purchases will be available via the official ICO website only.