DOG- A memecoin on Bitcoin Blockchain

[Iamcrypticguy]

A memecoin on the Bitcoin blockchain has caught my attention. I first learned about the Ordinals protocol a year ago and was intrigued by the idea of creating Bitcoin NFTs seamlessly. Since then, I've been following the protocol and have added ORDI, SATs, and RATS to my portfolio. Recently, I discovered DOG, a decentralized, community-led memecoin on the Bitcoin blockchain. As a meme enthusiast, I appreciate a good story, and DOG has an interesting one:

- It was launched in April as part of a volunteer-organized airdrop to the Bitcoin Ordinals community, with no team allocation or presale.
- Its mission is to onboard millions of people to Bitcoin.
- DOG operates on the Runes Protocol and can be traded on various platforms, including Bitcoin L1, L2s, and CEXs,

Having had memes on other chains like Base, Solana, and BNB, I am sure excited to explore this and see how it goes. Anyone come across this memecoin?

https://doggotothemoon.io/

[oktana]

It appears to have been listed not long. I can see that the 24 hrs change is quite high with about 300%, so I guess those who had the token before the listing were really excited, or even recent investors. The price is looking not bad as well. But I am confused about the claim that there was no presale nor team allocation and that all token are circulating supply. How is that possible? Did they airdrop all the tokens? Or what?

[Yogee]

- Its mission is to onboard millions of people to Bitcoin.

This is where I get skeptical. I think this is being dishonest and it's more like using the Bitcoin blockchain's popularity to sell their tokens. I know it's said that no team allocation but I doubt if the creator doesn't have a private stash somewhere. I bet it's one of the biggest holders.

[...]But I am confused about the claim that there was no presale nor team allocation and that all token are circulating supply. How is that possible? Did they airdrop all the tokens? Or what?

It's already stated in the OP that it's an organized airdrop.

[Bureau]

- Its mission is to onboard millions of people to Bitcoin.

This is where I get skeptical. I think this is being dishonest and it's more like using the Bitcoin blockchain's popularity to sell their tokens. I know it's said that no team allocation but I doubt if the creator doesn't have a private stash somewhere. I bet it's one of the biggest holders.

I checked the website and no where it is written that they want to use this meme coin Bitcoin adoption. I am quoting the correct words of their mission statement from their website. I don't understand why people still make such mistakes in understanding the difference between Bitcoin and other crypto.

a meme coin can indeed influence the broader trajectory of cryptocurrency adoption, making its moon landing a beacon for

[Iamcrypticguy]

It appears to have been listed not long. I can see that the 24 hrs change is quite high with about 300%, so I guess those who had the token before the listing were really excited, or even recent investors. The price is looking not bad as well. But I am confused about the claim that there was no presale nor team allocation and that all token are circulating supply. How is that possible? Did they airdrop all the tokens? Or what?

Yes I think they just listed and they had an airdrop to runestone holders from what I can gather..



Looking for a slight retracment before DCAing in here. That's my plan 😎

[God bless u]

A memecoin on the Bitcoin blockchain has caught my attention. I first learned about the Ordinals protocol a year ago and was intrigued by the idea of creating Bitcoin NFTs seamlessly. Since then, I've been following the protocol and have added ORDI, SATs, and RATS to my portfolio. Recently, I discovered DOG, a decentralized, community-led memecoin on the Bitcoin blockchain. As a meme enthusiast, I appreciate a good story, and DOG has an interesting one:

- It was launched in April as part of a volunteer-organized airdrop to the Bitcoin Ordinals community, with no team allocation or presale.
- Its mission is to onboard millions of people to Bitcoin.
- DOG operates on the Runes Protocol and can be traded on various platforms, including Bitcoin L1, L2s, and CEXs,

Having had memes on other chains like Base, Solana, and BNB, I am sure excited to explore this and see how it goes. Anyone come across this memecoin?

https://doggotothemoon.io/

These type of tokens are more valuable before their launch. As these projects don't have that much strong fundamentals so they can only be manipulated by the supply and tokenomics.

These are done more efficiently before the launch, after that token has launched people are more often exiting the market due to sudden profits and the project then can't perform that well.

[oktana]

- Its mission is to onboard millions of people to Bitcoin.

This is where I get skeptical. I think this is being dishonest and it's more like using the Bitcoin blockchain's popularity to sell their tokens. I know it's said that no team allocation but I doubt if the creator doesn't have a private stash somewhere. I bet it's one of the biggest holders.

I checked the website and no where it is written that they want to use this meme coin Bitcoin adoption. I am quoting the correct words of their mission statement from their website. I don't understand why people still make such mistakes in understanding the difference between Bitcoin and other crypto.

a meme coin can indeed influence the broader trajectory of cryptocurrency adoption, making its moon landing a beacon for

Actually, building on the Bitcoin blockchain is similar to bringing people on board because if you check, the people on the blockchain will have to be familiar with Bitcoin, after all they have to pay gas fee which would be BTC. We can also say the same that when you build something on any platform, you are indirectly endorsing the platform you used. Assuming the new platform has so many users, you will understand the benefit better.

[Bureau]

- Its mission is to onboard millions of people to Bitcoin.

This is where I get skeptical. I think this is being dishonest and it's more like using the Bitcoin blockchain's popularity to sell their tokens. I know it's said that no team allocation but I doubt if the creator doesn't have a private stash somewhere. I bet it's one of the biggest holders.

I checked the website and no where it is written that they want to use this meme coin Bitcoin adoption. I am quoting the correct words of their mission statement from their website. I don't understand why people still make such mistakes in understanding the difference between Bitcoin and other crypto.

a meme coin can indeed influence the broader trajectory of cryptocurrency adoption, making its moon landing a beacon for

Actually, building on the Bitcoin blockchain is similar to bringing people on board because if you check, the people on the blockchain will have to be familiar with Bitcoin, after all they have to pay gas fee which would be BTC. We can also say the same that when you build something on any platform, you are indirectly endorsing the platform you used. Assuming the new platform has so many users, you will understand the benefit better.

You are mixing Bitcoin network with other blockchains. Bitcoin doesn't  have a gas fee, it has transaction fee which has been increasing periodically due to network congestion created by such coins. Anyways the narrative of meme coins still rules over all other narrative and it has become the easiest way to get 100x on investment if you are able to find the right meme coin before listing.

[Ben Barubal]

The puppy is cute. Today,  when I looked at it on Bitget, it was just listed on the platform. If I'm not mistaken, it seems like it started at 0.001$ a few days ago and now it's around 0.004$ something right away. That means for those who first invested here, they immediately take a profit of around 300%+, right?

But I will observe it first; maybe I will buy only a small amount first, and there is no denying that it has potential because it was immediately listed on Bitget, and this exchange is also included in the top 10 listed in the market.

[Iamcrypticguy]

The puppy is cute. Today,  when I looked at it on Bitget, it was just listed on the platform. If I'm not mistaken, it seems like it started at 0.001$ a few days ago and now it's around 0.004$ something right away. That means for those who first invested here, they immediately take a profit of around 300%+, right?

But I will observe it first; maybe I will buy only a small amount first, and there is no denying that it has potential because it was immediately listed on Bitget, and this exchange is also included in the top 10 listed in the market.

Yeah I got in couple hrs ago when I noticed the volume increasing. Yeah Bitget is a top 4 derivatives platform and they've got a reputation of listing promising alts/memes early like BOME, SLERF etc.. Ive been watching other memes like X & Dogemob. You could check them out too..

[peter0425]

Anyways the narrative of meme coins still rules over all other narrative and it has become the easiest way to get 100x on investment if you are able to find the right meme coin before listing.

If you want a quick profit, memecoin is the way to go.

Though quick, I wouldn’t exactly call it easy. Finding the right memecoin has proven itself to be extremely hard. Especially with the amount of memecoins that are being released into the field, it might confuse and overwhelm an investor if they were to see all of the possible choices.

[DeathAngel]

This is the type of token that can go absolutely wild during the bull run due to people shilling on social media & hype, mania being rammed down your throat from all angles. Do I believe it will be here, with huge adoption & great utility in 10 years, no…….That doesn’t mean that it can’t pump hard though & make you a lot of money.

[Mate2237]

This is the type of token that can go absolutely wild during the bull run due to people shilling on social media & hype, mania being rammed down your throat from all angles. Do I believe it will be here, with huge adoption & great utility in 10 years, no…….That doesn’t mean that it can’t pump hard though & make you a lot of money.

I am e not heard this memecoin token before. And I will not interested to invest in it. I don't even like any coin using or sharing bitcoin Blockchain with it. If they called themselves then they should have their own Blockchain to make their transaction. This tokens can go  wild if the population is large and I don't think so unless people can invest in it because it is in bitcoin Blockchain. Their shilling in social media so to gather crowds to make others to believe that the coin is legit while the opposite it is.

[Iamcrypticguy]

This is the type of token that can go absolutely wild during the bull run due to people shilling on social media & hype, mania being rammed down your throat from all angles. Do I believe it will be here, with huge adoption & great utility in 10 years, no…….That doesn’t mean that it can’t pump hard though & make you a lot of money.

You're correct. The community is wild already. Now I saw something interesting on twitter. You can stake $DOG on PoolX to earn another trending meme called $X. I'll be watching the price trend cause of this. I'm seeing some potentially greens.
 https://x.com/RUNES_X_BITCOIN/status/1796397928749363347?t=JS3malXi5_NdTquuGQq0Vw&s=19

[bluebit25]

There has been a lot of FUD about the RUNE protocol but perhaps FOMO will keep it on a development trajectory of meaninglessness. Basically, I have been holding some $DOG since the early days, but I have a feeling it will soon be accepted by major CEXs using the RUNE protocol similar to BRC20. But anyway, this is memecoin so we should look at the risks more because popularity will cool down, not everyone can access it early so at the current stage I find it difficult to give advice. specifically. It's just that if you have accepted all the scenarios then stay positive with that choice, I'm not sure if the main influence is from other memecoins like $pepe as almost every memecoin is on different ecosystems have all received price increases, but perhaps there is also some confusion in the current bull cycle when memecoin is seen as a means for people to bring new people to the market.

[makishart]

You're correct. The community is wild already. Now I saw something interesting on twitter. You can stake $DOG on PoolX to earn another trending meme called $X. I'll be watching the price trend cause of this. I'm seeing some potentially greens.
 https://x.com/RUNES_X_BITCOIN/status/1796397928749363347?t=JS3malXi5_NdTquuGQq0Vw&s=19

If you have bought that when you were creating this thread and i guess your money has already doubled. It owned a few hundreds thousands from buying on the bitmart. The DOG to the moon tokens being hyped by so many bitcoin influencers like kalycrypto and many more.
Im still expecting it to go even higher as long as it will be listed on a good exchange site. My friend bought 5 runstones when it was around 2,5k.

He got almost 30k USD from DOG. His runstone is still worth more than the price he bought it. Even though it has not yet listed on major exchange but the voluma is so damn good at this moment. Expect the price of dog to go even higher as long as it can reach bigger exchange site.
I got also an airdrop from my runstone. It's worthy enough to hold runstone. I have heard 4 airdrops to come for runstones holders.

These airdrops will be very similar as DOG to the moon.

[kentrolla]

There are different kind of investors some would like to take huge risk while others don't and then comes those who have already lost huge amount in memecoins and i belong to the last category I understand the potential which memecoins can provide coupled with high risk and there are users who would choose memecoins over other coins while others like me don't want to experiment as we choose reasonable but long term profit without risking much.

[redsun114]

I have a general disinterest in meme coins because I didn't have a good history with them and I believe no matter what chain they are being launched in, how good of a story they have, how much is their total supply, etc., they are still the same thing and they can never be like normal cryptocurrencies, so it's not worth using a lot of money on these meme coins even if they are heavily promoted and advertised by the team or developers who have created it.

There is a large amount of meme coins coming into the market these days, and I have heard a lot of people saying that they have lost a lot of money after making investments in meme coins because they thought they might get good profit. Even if someone invests small amounts, if they do it in a lot of them, they still lose a lot of money.

[jacafbiz]

The thing about Bitcoin tokens is that if the project was able to gain the support of the Bitcoin community it would be big, there are a lot of rich Bitcoiners that are now throwing their weight behind some of these Altcoins and Meme tokens on the platform, I won't write this of, especially during the bull run proper

[terrific]

I just wish you luck with that project if ever you are bagholding it. I don't like that projects that are moving on to Bitcoin's blockchain.
I know that they're attractive but I don't like the cause of them when they are clogging the network and increases the fees.