Crypto markets have finally broken out following months of chop, and investors are flipping risk-on. As macro conditions present a Goldilocks period, markets are about to witness some wild rallies, and the path to another era of easy money is already underway.
Bitcoin price predictions get higher by the day, and the recent Chinese stimulus package has analysts targeting $78,000 in the short term. However, the real trade is the Bitcoin ecosystem, which didn’t exist in the last cycle, and we have yet to witness the wonderful speculative gold rush period that all new ecosystems receive the first time around. BRC-20 tokens are severely underpriced.
Bitcoin Dogs could be the next $1 billion token and is being called the best crypto to buy right now. Here’s everything you need to know about the first-ever presale on the Bitcoin network.
Bitcoin Dogs: Next $1 billion token?
Bitcoin Dogs raised $13.4 million in its presale, showcasing the appetite for Bitcoin’s first ICO, and 0DOG has been a roll ever since. Already listed on MEXC and Gate.io, and with teasers coming through for its play-to-earn Telegram game, analysts continue to revise their price predictions. The most recent prediction accounted for the Chinese stimulus package and forecasts 0DOG trading between $0.97 and $1.23, well over 100X from its current price.
Taking a prime position as the leading BRC-20 meme coin alongside having an Ordinals NFT collection and Telegram game gives Bitcoin Dogs a broader market appeal than almost all BRC-20 tokens. Additionally, following the Hamster Kombat airdrop market, demand for Telegram games is at all-time highs, and the Bitcoin Dog’s game will go live with perfect timing.
0DOG holders are Barking Mad?
Bitcoin Dogs has been holding viral Twitter spaces titled ‘Barking Mad’ where holders have been barking to win prizes, and predictably, this has spread over Twitter like wildfire. The most recent competition saw a massive burn, with the project permanently removing 100 million tokens from circulation.
Thanks to the six-month cliff, early 0DOG buyers voted for only 5% of presale tokens to go live on the market, and this deflationary pressure is seriously moving the needle for 0DOG. A small circulating supply, a six month runway without sell pressure, and now burn pressure coming from the team. No wonder analysts are forecasting a 100X rally!
Why Bitcoin Dogs is the best crypto to buy right now
Investors who participated in the last cycle will remember DeFi summer. New tech always leads to new speculative episodes. This playbook will run again, but it will be on Bitcoin this time. This ecosystem is underexplored and underpriced. Projects that already have a foothold, like Bitcoin Dogs, will be the net winners, and given the soft peg between 0DOG and BTC when the latter makes a new ATH, expect fireworks from the Bitcoin Dogs camp.
Finding the best crypto to buy right now is about arriving early to a popular trade before it takes off. 0DOG price predictions boldly forecast a range between $0.97 and $1.23, and if the Bitcoin Dogs’ Telegram game goes viral it could blow these estimates out of the water. It will be a very exciting quarter for 0DOG holders, and you can join these lucky ones by buying here.
Visit the official Bitcoin Dogs website to learn more.
Source: https://www.cryptopolitan.com/bitcoin-dogs-could-be-the-next-1-billion-token-heres-what-you-need-to-know/