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Bitcoin Dogs Breaks Records: More than $1m Raised in Just 24 Hours

Bitcoinist
by Bitcoinist
Last Updated: February 16, 2024 6:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In March 2021, an NFT by artist Beeple titled “Everydays: The First 5000 Days” broke the record for the most expensive NFT ever sold, going for $69.3 million at Christie’s auction house. Right now, a new record is being set: the first-ever presale on the Bitcoin blockchain.

Launching its own Bitcoin Ordinals-based NFT collection alongside an exclusive gaming experience, Bitcoin Dogs is quickly making a name for itself, already pulling in over $1m in investment just 24 hours after its ICO went live. However, this presale only runs for 30 days and is set to conclude on the 15th of March.

Could Bitcoin Dogs lead the surge of Bitcoin Ordinals in 2024 and both create crypto history as the first BRC-20 presale and explode a whole new section of the market? Read on to find out.

Bitcoin Dogs: The First-Ever Presale on the Bitcoin Blockchain

Bitcoin Dogs is a first-of-its-kind opportunity, kickstarting the inaugural BRC-20 token presale on the Bitcoin blockchain in February. It’s an innovative move that steps away from the traditional Ethereum and Solana presales, leveraging the OG Bitcoin network to debut its 0DOG token and potentially set a new trend in the cryptosphere.

Bitcoin Dogs offers an exclusive Bitcoin Ordinals NFT collection and a gaming experience akin to the classic Tamagotchi and the GameFi hit Axie Infinity. Players are invited to nurture virtual pets within its social gaming platform.

Its 0DOG token plays a key role in this ecosystem, being used to trade, transact, and unlock a wealth of earning opportunities. Reflecting the number of estimated dogs on planet Earth, 0DOG is limited to a supply of 900 million.

Bitcoin Dogs: The Details

Bitcoin Dogs offers token holders a way to escape daily life with a unique gaming experience, where they care for, train, and evolve their virtual companions. With each interaction, whether feeding, walking, or participating in social activities, players can watch their dogs grow, using various upgrades such as bones and kennels to help them level up. High-level dogs can be used in thrilling PvP races, earning the owner 0DOG coins in the process.

The 0DOG token also grants exclusive access to a Bitcoin Ordinals collection with over 10,000 unique NFTs. This collection, expected to be the largest on the Bitcoin blockchain, ranges in rarity from the common to the exceptionally rare OG Dogs, of which just eight exist.

Factor in its status as the first BRC-20 presale, the growing popularity of Bitcoin Ordinals, and the overwhelmingly positive sentiment around Bitcoin, and Bitcoin Dogs might soon be joining the ranks of NFT titans like Cryptopunks and BAYC.

Bitcoin Dogs Price Forecast for 2024

As Bitcoin Dogs begins its presale journey, it’ll start at a bargain price of $0.015 and climb by approximately 170% to a final price of $0.0404. But beyond these presale gains, Bitcoin Dogs offers a lucrative avenue for anyone looking to dive into the resurging NFT market in 2024.

Bitcoin Dogs aims to capture the excitement and urgency that characterized the early days of the NFT craze. And it offers a unique entry point for investors and Bitcoin enthusiasts who missed the initial NFT boom, so the prospect for gains could be multiplied to parabolic levels thanks to the added power of a second NFT bull market.

The backdrop for this excitement is supported by Bitcoin Ordinals, which hit a record trading volume of nearly $900 million in December 2023. Signaling a market ready to explode, Bitcoin Dogs is poised to lead the pack. The fast-growing interest surrounding Bitcoin Dogs is reflected in its growing community, which has already recruited over 65,000 Twitter followers.

With that in mind, the possibility of the 0DOG token reaching 50x to 100x from its final presale price could be well within reach. These gains could be multiplied for early backers as Bitcoin Dogs becomes the pinnacle of the Bitcoin Ordinals revolution.

Bitcoin Dogs Could be a Once-in-a-Lifetime Opportunity

If projections by CoinDesk of a serious upswing in the NFT market are to be believed, NFT-based projects with unique appeal and utility-driven ecosystems, like Bitcoin Dogs, could truly come into their own. After securing over $1m just 24 hours after launch, it seems this FOMO is already kicking in for many investors. At the current rate, the presale could sell out well before the 15th of March conclusion date.

There might be no better time for investors to gain an early stake in what may be a landmark chapter in cryptocurrency history. However, the window for early investment—and potential 170% gains in presale—is narrowing quickly, making now the perfect time to jump in before the buying frenzy goes into overdrive.

Click here to visit the Bitcoin Dogs website and purchase 0DOG.

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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