Outside Source
- Bitcoin price shot to a new all-time high above $71k on Monday, reaching $71,700 on Coinbase.
- The Bitcoin Dogs presale has raised nearly $9.8 million in just 25 days.
- The NFT and game project’s ICO on Bitcoin ends on March 15 and investors are excited for the opportunity that could arise as BTC soars.
Bitcoin has broken above $71,000 to set a historic all-time high. At the time of writing, BTC had spiked to a new ATH of $71,700. In other exciting crypto news, the first-ever ICO on Bitcoin closes this week as Bitcoin Dogs (0DOG) concludes its presale.
Bitcoin Dogs raises $9.8 million as BTC spikes past $71k
Bitcoin is the biggest news in the market today. The benchmark cryptocurrency’s surge to a new all-time high above $71,700 has investors in buoyant mood for what’s possible in coming months.
Analysts are now saying the bellwether crypto could target further heights before a pre-halving pullback. A potential breakout post the April halving could then combine with other bullish catalysts such as spot ETFs to push BTC past the $100,000 mark in 2024.
As the crypto market cheers the moment, focus is also firmly fixed on Bitcoin Dogs (0DOG), the historic presale on the Bitcoin blockchain that comes to a close in four days.
The project’s staggering ICO success has seen a whopping $9,784,868 raised so far, and will soon surpass the $9.8 million mark. The 0DOG sale will end on March 15.
Investor attention ahead of this close is at peak levels, with 0DOG price at $0.0374 and poised to jump to $0.0404 in the last stage. After the presale, 0DOG will launch on tier 1 exchanges.
Why is Bitcoin Dogs seeing this much attention?
Bitcoin Dogs launched its ground-breaking ICO, the world’s first on Bitcoin in mid-February. It marked the first step for the project’s potential dominance in the BRC-20 ecosystem budding on Bitcoin.
The project brings an NFT collection, game and crypto tokens to this growing Bitcoin ecosystem, with native token 0DOG offering utility. The main attraction is Bitcoin.
Experts say the blockchain network offers an opportunity for a thriving layer-2 ecosystem. The outlook is that decentralized finance (DeFi), NFTs and gaming are likely to explode to a $500 billion market, with this secured on top of Bitcoin’s robust and reliable network.
With 0DOG, Bitcoin Dogs players will get to interact in a vibrant community that allows them to collect, trade and earn from a unique virtual world environment.
The 900 million token supply relates to the estimated 900 million dogs in the world today.
The digital pet’s game that Bitcoin Dogs is set to debut in the second quarter of 2024 brings Tamagotchi-like experiences. Meanwhile, the play-to-earn opportunity that players will have brings to Bitcoin the best of Axie Infinity.
Add to this what’s set to be the largest NFT collection on Bitcoin and the thrill is evident for all.
In recent weeks, Ordinals NFTs have picked up momentum and Bitcoin Dogs will offer 10,000 – each a chance for a rare digital dog that could command massive value across the NFT marketplace.
Do you want to learn more about this project? Visit its website.
This article first appeared at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison
