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Home»TRADING NEWS»Should I start purchasing BTC-related projects?
TRADING NEWS

Should I start purchasing BTC-related projects?

By Crypto FlexsMarch 3, 20243 Mins Read
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Should I start purchasing BTC-related projects?
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Key Takeaways

Bitcoin expected to hit all-time high of $69,000

The cryptocurrency market has been strong this week, increasing its value by 20% over the past seven days, rising to the $64,000 level. Thanks to this week’s rally, BTC is now close to its all-time high of $6,000.

At the time of reporting, bitcoin price It is down 1% in the last 24 hours at $61,911. If BTC continues its upward trend, it could hit a new all-time high in the coming days and weeks.

The world’s leading cryptocurrency by market capitalization will have its eyes set on the next resistance level of $65,000 if the bulls remain in control.

What are Bitcoin Dogs?

bitcoin dog As BTC continues to rise towards all-time highs, it could be one of the biggest beneficiaries. It is a unique project launched on the Bitcoin blockchain.

Bitcoin Dogs will leverage the power of the Bitcoin blockchain to provide utilities to users. This is the first BRC-20 token ICO on the Bitcoin network.

The development team believes that Bitcoin Dogs will combine the fundamental features of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to provide an interesting value proposition for investors.

Bitcoin Dog’s ICO is in full swing and comes just weeks after the launch of a spot Bitcoin ETF in the United States. Spot Bitcoin ​ETFs launched by BlackRock, Fidelity, and others are seeing record numbers, which has helped BTC rise more than 20% over the past seven days.

Moreover, the Bitcoin halving event is less than 50 days away and could lead to another massive rally in BTC. All of this contributes to the special nature of Bitcoin Dogs’ ICOs in the market.

Bitcoin Dogs are setting a new trend by introducing the $0DOG token as BRC-20. With the right level of adoption, Bitcoin Dogs could set a trend that could allow the Bitcoin blockchain to compete with Ethereum and BNBChain in terms of ICOs.

Bitcoin Dogs presales exceed $6 million.

that much bitcoin dog It’s been less than a month since pre-sales began, and it’s already raised more than $5 million. This therefore indicates growing investor interest in this project and its tokens.

The team will only issue 900 million $0DOG tokens. Investors will also be granted access to an exclusive NFT collection and immersive gaming ecosystem reminiscent of popular titles such as Axie Infinity and Tamagotchi.

The team revealed that the pre-sale will only last for a month and is scheduled to end in 12 days. So far, the project has raised more than $6.3 million in less than three weeks.

Tokens are issued in BRC-20, but investors purchase tokens in ERC-20. They will provide their BTC wallet address, pay with ERC-20 tokens and then receive $0DOG tokens. Investors can pay for $0DOG tokens using ETH, USDT, and USDC stablecoins.

Click here Learn more about the Bitcoin Dogs pre-sale.

Should I invest in the Bitcoin Dogs project before the pre-sale ends?

The Bitcoin Dogs pre-sale is scheduled to end in 12 days, and the token price will rise steadily during this ICO. Currently the price of $0DOG is $0.0281, but it will increase to $0.0312 in the next pre-sale phase.

The cryptocurrency market has been booming since the beginning of the year and investors are already looking for new and interesting projects. through appropriate levels of adoption. bitcoin dog This could be one of the projects that catches your attention.


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