Key takeaways
Bitcoin eyes its all-time excessive worth of $69k
The crypto market was bullish this week, including 20% to its worth within the final seven days because it raced to the $64k stage. Thanks to this week’s rally, BTC is now closing in on its all-time excessive worth of $6k
At press time, the price of Bitcoin stands at $61,911, down by 1% within the final 24 hours. If BTC continues its rally, it may set a brand new all-time excessive worth within the coming days or even weeks.
The world’s main cryptocurrency by market cap might be eyeing the subsequent resistance stage at $65k if the bulls stay in management.
What is Bitcoin Dogs?
Bitcoin Dogs might be one of many greatest beneficiaries as BTC continues to rally in direction of its all-time excessive worth. It is a singular undertaking that’s launching on the Bitcoin blockchain.
Bitcoin Dogs will leverage the Bitcoin blockchain’s energy to supply utility to its customers. It is the primary BRC-20 token ICO on the Bitcoin community.
The growth staff consider that Bitcoin Dogs will provide buyers an thrilling worth proposition by combining the fundamental options of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 tradition.
Bitcoin Dog’s ICO is in full swing and comes barely just a few weeks after the launch of spot Bitcoin ETFs within the US. The spot Bitcoin ETFs launched by BlackRock, Fidelity, and others are raking in file numbers and this has helped BTC to rally by greater than 20% within the final seven days.
In addition to that, the Bitcoin halving occasion is lower than 50 days away and will result in one other large rally by BTC. All these contribute to the particular nature of Bitcoin Dogs’ ICO out there.
Bitcoin Dogs is setting a brand new development by introducing its $0DOG token as BRC-20. With the correct stage of adoption, Bitcoin Dogs may set the development that will enable the Bitcoin blockchain to compete with Ethereum and BNBChain when it comes to ICOs.
Bitcoin Dogs presale surpasses $6 million
The Bitcoin Dogs presale is lower than a month previous and has already raised greater than $5 million. Thus, indicating rising curiosity amongst buyers for this undertaking and its token.
The staff will solely mint 900 million $0DOG tokens. In addition to that, buyers could be granted entry to an unique NFT assortment and an immersive gaming ecosystem paying homage to standard titles like Axie Infinity and Tamagotchi.
The staff revealed that the presale will solely run for a month and is ready to shut in 12 days. So far, the undertaking has raised greater than $6.3 million in lower than three weeks.
While the tokens might be minted on BRC-20, buyers will purchase the tokens on ERC-20. They will present a BTC pockets tackle and obtain $0DOG tokens after paying with ERC-20 tokens. Investors will pay for the $0DOG token utilizing ETH, USDT and USDC stablecoins.
Click here to be taught extra concerning the Bitcoin Dogs presale.
Should you put money into the Bitcoin Dogs undertaking earlier than the presale ends?
The Bitcoin Dogs presale is ready to finish in 12 days, with the token’s worth steadily rising all through this ICO. Currently, $0DOG goes for $0.0281 however will enhance to $0.0312 within the subsequent presale stage.
The cryptocurrency market has been bullish because the start of the 12 months and buyers are already in search of new and thrilling tasks. With the correct stage of adoption, Bitcoin Dogs might be one of many tasks attracting curiosity.
