Centralized exchanges remain the kings of volume in crypto. While DeFi has exploded in popularity and lots of traders moved on-chain during the bear market, the blunt fact remains that CEXs still execute more than 85% of total trading volume. Any token that wants to fly must be listed on major centralized exchanges.
Bitcoin Dogs has achieved a significant milestone by being listed on some of the largest exchanges in the industry. With this accomplishment, the question arises-is a 1000X buy pressure on the horizon? Price predictions are pointing towards a substantial move for 0DOG in the upcoming weeks. As it positions itself as a top crypto to buy this quarter, could the first-ever ICO on the Bitcoin network be the next 1000X crypto this cycle? The potential is certainly thrilling.
Bitcoin Dogs listing frenzy
Bitcoin Dogs: Aiming to Replicate Hamster Kombat’s Success
But why are analysts forecasting 1000X buy pressure for Bitcoin Dogs? Launching on the Bitcoin network comes with upsides and disadvantages. The core advantage is how well-capitalized the network is and its high level of security. The downsides? Having to leverage the BRC-20 token standard. BRC-20 tokens are notoriously difficult to trade. But now that 0DOG is live on MEXC, Gate.io, Uniswap, and UniSat exchange, it has never been easier to buy!
Bitcoin Dogs now enjoys all the upsides of the Bitcoin network without any of the downsides. No wonder analysts call it the top crypto to buy this quarter.
Altcoin season incoming?
Investors have witnessed months of chop. The German government market dumped billions into thin summer books, Mt. Gox repayments occurred, and the Japanese Yen carry trade blew up. In the face of all these events, Bitcoin has remained incredibly resilient, and with Powell heavily hinting at and telegraphing rate cuts at Jackson Hole, easy liquidity will soon be back on the menu. Bitcoin has traded above $60,000 despite all these events—Imagine how hard it will rally as financial conditions loosen and global liquidity starts trending up. What comes next? Hopefully, it will be an altcoin season that blows investors away. This is when all the crazy money is made.
As the leading meme coin on the Bitcoin network, 0DOG enjoys a privileged position and will surf on the coattails of a wild BTC rally. Even conservative price predictions forecast BTC shooting past $100,000 this cycle, and if the king of crypto goes up 2X from here, the wealth effect will be enormous.
Bitcoin Dogs is ready to catch this wave of speculative mania head-on, and 1000X price predictions could even prove conservative retrospectively. Already available to millions of buyers on MEXC and Gate.io alongside decentralized exchanges and ready to ship its Telegram game next quarter, 0DOG is easily a top crypto to buy this cycle. It is game time for Bitcoin’s first ICO project in existence.
Visit the official Bitcoin Dogs website to learn more.
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