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.