Despite the indecisiveness on display in the past few days, the crypto market remains largely bullish for Bitcoin long term.

The buzz is also growing for an emerging ecosystem on the Bitcoin blockchain, particularly for investors in the new game and NFT project Bitcoin Dogs (0DOG).

With more than $13.4 million raised in its presale, Bitcoin Dogs is one of the most successful ICO projects in the market in this cycle.

The 30-day ICO generated huge interest, particularly with 0DOG the pioneering BRC-20 token to launch in presale on Bitcoin.

Early investors are eagerly awaiting the project’s launch. The potential listing of 0DOG on some of the leading cryptocurrency exchanges adds to the buzz.

Head of community Falcore recently shared the latest update on what is next for Bitcoin Dogs after its highly successful presale.

Foremost, he noted that 0DOG investors have to be cautious as Bitcoin Dogs has not announced token claim or exchange listing date.

According to him, the token claim and listing “will occur at similar times to protect the 0DOG token and prevent people opening up their own markets on DEXs.”

Ahead of this, the team is in consultation with several exchanges. The priority is to list on centralised exchanges the Bitcoin Dogs team member noted.

Also, the current standard practice is that exchanges are the first to announce listing dates. Bitcoin Dogs is adhering to this.

As such, investors will get details immediately the process reaches the announcing phase. That also applies to the potential listing price of 0DOG.

Other updates the project will provide soon include token burn and game development. For the latter, the whitepaper described the burning of any unsold tokens from the 810 million 0DOG allocated to the presale.

Bitcoin Dogs holders can get latest updates on the listing from the project’s official social channels and email newsletter.

The crypto market continues to battle overall downside pressure. Bitcoin’s downturn from its all-time highs above $73k has several altcoins also trading lower.

Meanwhile, spot Bitcoin ETFs have recorded significant outflows this week. Top catalysts is bankrupt crypto platform Genesis’ GBTC selling.

However, the long term outlook for BTC price has the flagship cryptocurrency on a potential bull market trajectory. Analysts are looking at the supply shock that is likely to unfold amid further demand versus the diminishing supply that BTC halving portends as a factor.

Bitcoin Dogs’ upcoming CEXs launch and roadmap milestones for its game and NFT collection could align with this overall outlook for BTC.

If Bitcoin Dogs becomes a top project leveraging the secure Bitcoin network, long term traction could positively impact 0DOG price. Notably, the final stage presale price for 0DOG was $0.0404.

Keep tabs on Bitcoin Dogs from the official website.

The post Investors await Bitcoin Dogs launch as CEXs eye 0DOG listing appeared first on Invezz

Similar to Notcoin - Blum - Airdrops In 2024

origin »

161 +