Bitcoin Dogs pulled off a masterclass in listings, hitting several major exchanges in a single day. The team behind 0DOGS got the token live on Gate.io, MEXC, Uniswap, and UniSat simultaneously and, in one fell swoop, massively multiplied the token’s market accessibility.
When a token lands on a centralized exchange, it turbo-charges its price potential. While degens may be trading on-chain, the vast bulk of crypto participants never leave centralized exchanges, and the boost in reach often sends these listed tokens parabolic.
Bitcoin Dogs was the first-ever ICO on the Bitcoin blockchain, and this historic token is just beginning its journey. Why does this BTC-native meme coin have the crypto space in a chokehold, and why are analysts falling over themselves to call 0DOGS one of the best cryptocurrencies to buy now? Time for a deep dive.
0DOG Reaches Wider Crypto Audience
Following an enormous $13.4 million presale raise and the creation of one of crypto’s most engaged communities, Bitcoin Dogs fell into the spotlight. This Bitcoin-native memecoin boasts an NFT Ordinals collection and is in the process of shipping a Telegram game. It takes a two-pronged approach to development and deployment, keeping all assets on-chain and leveraging off-chain solutions for its gaming suite.
This pragmatist attitude has come in clutch and explains how 0DOGS got listed on several major exchanges in a single day. Players can show off their NFTs on social media to earn in-game tokens (BARK), and those who level up their virtual canines will be able to put these digital assets to work farming the native 0DOG token.
But the real reason everyone is rushing into this project is its soft peg to Bitcoin’s price. The base asset of an ecosystem has second-order effects on the entire ecosystem. If Solana is ripping, everything in its ecosystem gets repriced. And with rate cuts on the horizon and political parties pandering to the crypto vote in the US election Bitcoin is about to go on a massive tear.
Bitcoin Dogs waits first in line to benefit from a rising BTC price, and this meme coin is unique due to how sparsely populated Bitcoin’s ecosystem is. You have an abundance of capital and few outlets. Nobody is prepared for the coming Bitcoin Dogs rally.
Why Centralized Exchange Listings Will Skyrocket 0DOGS
Gate.io is one of the top ten largest crypto exchanges by volume with daily trading volumes exceeding $1 billion. It has a notoriously tricky listing process, and any token that makes it onto this platform has completed the first step of being considered one of the best cryptocurrencies to buy.
Bitcoin Dogs enjoys a multiplier effect from these centralized exchange listings because of its BRC-20 token standard. Even many experienced crypto traders have never traded BTC-native assets, but now the entire world can buy at the click of a button. Sidestepping this technical hurdle is massive for Bitcoin Dogs, and the global reach powered by MEXC’s listing adds fuel to the fire for the 0DOGS’ price.
Market accessibility is the second most important factor for meme coin success with the first being community. The Bitcoin Dogs community opted for a six-month vesting period, showing their faith in the token’s long-term success and heavily skewing the order books in favor of buyers.
With all early buyers locked in for six months and barely any sell pressure from these early buyers, 0DOGS has a clean path to 100X in sight. The macro conditions for risk assets are rapidly improving. Bitcoin is about to enter the most aggressive phase of its four-year cycle (post-halving), and the entire world has access to 0DOGS, which trades directionally with BTC. It is time for this canine-themed party to start.
Visit the official Bitcoin Dogs website to learn more.
Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/why-bitcoin-dogs-could-1000x-now-that-its-listed-on-major-exchanges/