Key takeaways
Bitcoin eyes its all-time excessive worth of $69k
The crypto market was bullish this week, including 20% to its worth within the final seven days because it raced to the $64k stage. Due to this week’s rally, BTC is now closing in on its all-time excessive worth of $6k
At press time, the worth of Bitcoin stands at $61,911, down by 1% within the final 24 hours. If BTC continues its rally, it may set a brand new all-time excessive worth within the coming days or perhaps weeks.
The world’s main cryptocurrency by market cap shall be eyeing the subsequent resistance stage at $65k if the bulls stay in management.
What’s Bitcoin Canine?
Bitcoin Canine could possibly be one of many largest beneficiaries as BTC continues to rally in direction of its all-time excessive worth. It’s a distinctive challenge that’s launching on the Bitcoin blockchain.
Bitcoin Canine will leverage the Bitcoin blockchain’s energy to offer utility to its customers. It’s the first BRC-20 token ICO on the Bitcoin community.
The event workforce consider that Bitcoin Canine will supply buyers an thrilling worth proposition by combining the fundamental options of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 tradition.
Bitcoin Canine’s ICO is in full swing and comes barely a number of weeks after the launch of spot Bitcoin ETFs within the US. The spot Bitcoin ETFs launched by BlackRock, Constancy, and others are raking in file numbers and this has helped BTC to rally by greater than 20% within the final seven days.
Along with that, the Bitcoin halving occasion is lower than 50 days away and will result in one other huge rally by BTC. All these contribute to the particular nature of Bitcoin Canine’ ICO out there.
Bitcoin Canine is setting a brand new pattern by introducing its $0DOG token as BRC-20. With the proper stage of adoption, Bitcoin Canine may set the pattern that will permit the Bitcoin blockchain to compete with Ethereum and BNBChain by way of ICOs.
Bitcoin Canine presale surpasses $6 million
The Bitcoin Canine presale is lower than a month outdated and has already raised greater than $5 million. Thus, indicating rising curiosity amongst buyers for this challenge and its token.
The workforce will solely mint 900 million $0DOG tokens. Along with that, buyers can be granted entry to an unique NFT assortment and an immersive gaming ecosystem paying homage to fashionable titles like Axie Infinity and Tamagotchi.
The workforce revealed that the presale will solely run for a month and is about to shut in 12 days. Thus far, the challenge has raised greater than $6.3 million in lower than three weeks.
Whereas the tokens shall be minted on BRC-20, buyers will purchase the tokens on ERC-20. They are going to present a BTC pockets deal with and obtain $0DOG tokens after paying with ERC-20 tokens. Traders will pay for the $0DOG token utilizing ETH, USDT and USDC stablecoins.
Click on right here to be taught extra concerning the Bitcoin Canine presale.
Do you have to spend money on the Bitcoin Canine challenge earlier than the presale ends?
The Bitcoin Canine presale is about to finish in 12 days, with the token’s worth steadily rising all through this ICO. At present, $0DOG goes for $0.0281 however will improve to $0.0312 within the subsequent presale stage.
The cryptocurrency market has been bullish because the begin of the 12 months and buyers are already on the lookout for new and thrilling tasks. With the proper stage of adoption, Bitcoin Canine could possibly be one of many tasks attracting curiosity.
