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Bitcoin hits a new high as global economies ease. With 0DOG, a BTC-linked altcoin, investors have a prime opportunity for gains.
Bitcoin made a higher high after months of chop, and the real innings of the bull market starts here. Powell cut 50 points in September, and the Chinese government unleashed a bazooka stimulus package. The world’s two largest financial economies are easing monetary conditions and flipping the liquidity switch on—the ideal conditions for a massive Bitcoin rally.
Where does Bitcoin Dogs come into the picture? This small-cap BTC-native altcoin is one of the best ways to leverage your exposure to Bitcoin. Investors that are bullish on Bitcoin now should be turbo-bullish on 0DOG. Soft-pegged to BTC but with a much lower market cap and ready to drop a Telegram game, 0DOG could quickly become a top gainer and deserves its title as one of the best altcoin plays of 2024.
Bitcoin Dogs takes the stage
Bitcoin Dogs has been going viral thanks to its ‘BarkToBurn’ campaign that saw community members barking on a Twitter space. Following this campaign, Bitcoin Dogs burned an enormous 100 million tokens, and this deflationary pressure will be adding serious upward pressure on price very soon as markets digest this significant change in the supply.
This project proved market demand for presales on Bitcoin and was the first of its kind. Raising a staggering $13.4 million in its presale and following up with an impressive string of listings on MEXC, Gate.io, Uniswap, and UniSat exchange—the team wasted no time maximizing market exposure and accessibility and will ship a Telegram game in the coming weeks.
Bitcoin Dogs has launched with perfect timing. Bitcoin is about to start its post-halving rally- historically the most explosive part of the cycle- and this time around, BTC holders can speculate on BTC-native altcoins known as BRC-20s. In the last cycle, there was nothing, and now, all the FOMO and speculative mania will have a ready outlet in Bitcoin Dogs and other projects in Bitcoin’s ecosystem.
0DOG soft pegged to BTC
Memecoins trade as a higher beta to their native asset. As Bitcoin Dogs launched on Bitcoin, it is soft-pegged to the BTC price. Presidential candidates openly support crypto, and Trump even purchased a burger with BTC in New York. People are not ready for how high Bitcoin could rally in this election cycle!
Bitcoin’s most vocal bull, Michael Saylor, predicted a $49 million price tag in the coming decades, and the upside for Bitcoin’s nascent ecosystem is massive. Cycle peak price predictions for 0DOG expect a range between $1.12 and $1.45, well over 100X from its current valuation. The first wave of speculative mania is always the most explosive, and analysts are highly confident that FOMO will quickly spill into the ecosystem.
Is Bitcoin Dogs the best altcoin for leveraged BTC exposure?
The US economy remains robust, stamping out any lingering fear of recession. And China is about to inject up to $284 billion into its economy. Now is not the time to be bearish. Bitcoin ETF inflows are up big style, and this is what the initial innings of the big rally feel like. Want to crank up your exposure to BTC? 0DOG is the ticket.
Finding the best altcoin is never easy, but Bitcoin Dogs is this cycle’s leading candidate. Wait until BTC makes a new all-time high, and everyone rushes for a beta trade. Bitcoin Dogs is the obvious candidate as the leading memecoin on Bitcoin, and investors get more bang for their buck with the Telegram game. 0DOG holders have every reason to be excited! You can join the journey today. Buy 0DOG here.
For more information, visit the Bitcoin Dogs website or monitor its price on MEXC.
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Source: https://crypto.news/bitcoin-dogs-is-poised-to-be-the-best-altcoin-bet-in-2024/