Cryptocurrency
First Bitcoin Blockchain ICO Rockets Past $5M Milestone
![](https://letizo.com/wp-content/uploads/2024/02/first-bitcoin-blockchain-ico-rockets-past-5mmilestone_65df27b5d8a40.jpeg)
[PRESS RELEASE – London, United Kingdom, February 28th, 2024]
The Bitcoin Dogs presale has already raised over $5.1 million in under 14 days. With only 5 stages remaining, the ICO is now at its halfway point and only has 16 days left before it ends.
The ICO is covering fresh territory: no BRC-20 token on the BTC blockchain has been available for public presale until now. This has piqued the crypto community’s interest, and Bitcoin Dogs has generated a strong social following as a result.
Top crypto influencers, including @MrX_Crypto, @BscSuperAltcoin, and @BscGemsX1000, have all shown support for the project. With their combined audience of over 400k, they are contributing to the rapidly growing Bitcoin Dogs community, especially as the presale sells out.
Users can check out the Bitcoin Dogs video to learn more:
Bitcoin Dogs (0DOG) is available to buy on the official website.
The bite behind the bark
As the 15th of March ICO end date draws closer and closer, early adopters of the Bitcoin Dogs 0DOG token will be looking ahead to what the project has in store for the rest of the year, as well as eyeing up 61% price gains before the presale concludes.
The Bitcoin Dogs game will begin beta testing in Q2, according to the official roadmap. This is one new feature that draws on popular gaming influences and bears similarity to established gaming titles.
The game involves raising virtual dogs, drawing on the gameplay of nostalgic favorites like Tamagotchi, and adding play-to-earn (P2E) and player-vs-player (PvP) mechanics like those in Axie Infinity and Bitcoin Cats, both of which have enjoyed success in the blockchain gaming or “GameFi” sector.
When the game officially launches in Q3, its PVP Dog Showdown events will also be unleashed, offering players the chance to race their virtual dogs against each other for potential financial rewards. Races are unlocked only when a dog reaches a high enough level; this will require plenty of love and affection, like daily care actions, as well as social sharing to earn in-game BARK tokens, essentially XP points.
Outside of the game, there are plans for players to collect digital dog NFTs, made up of an exclusive collection of 10,000, with a marketplace allowing gamers to buy, sell, and trade their pups. These NFTs will live on the Bitcoin blockchain itself, setting them apart from first-gen collections like Bored Apes. This is enabled by the devs’ clever use of Bitcoin Ordinals.
Predicting the outcome of 0DOG
As for the 0DOG token itself, the ICO is just the start. When the presale concludes on the 15th of March, 0DOG will be ready to reach a mainstream audience.
Major exchange markets have shown a significant appetite for BRC-20 tokens like 0DOG: daily trading volume for these coins is around the $400 million mark, and huge rallies have been commonplace for exchange-listed BRC-20 tokens.
Bitcoin Cats is one of these projects, and its 1CAT token has cranked out serious gains recently, achieving a 3x pump in December over the course of just a week. The coin now sits at around a $40 million market cap, a feat Bitcoin Dogs could replicate with 2024’s bullish sentiment.
AINN is another BRC-20 project that has enjoyed recent success. Launching in January, the token rallied over 600% in one month. Price action like this appears to be commonplace for this sector of the market.
Besides all of this, Bitcoin Dogs is looking well-timed to benefit from Bitcoin’s current bullishness. BTC seems to be stable above $50k in light of its ETF approvals in January, and with the next halving in April, more gains for BTC could follow. That could cause spillover gains for Bitcoin-based tokens like 0DOG.
After the presale ends on the 15th of March, the mass market will decide the price of 0DOG, so there’s no guarantee it will stay at the reasonable price of $0.0251 that it’s at now.
About Bitcoin Dogs
Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together, to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.
For more information and to learn about Bitcoin Dogs (0DOG) users can visit the website.
Website | Whitepaper | Socials
Contact
Bitcoin Dogs Team
Bitcoin Dogs
pr@bitcoindogs.club
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Cryptocurrency
Top 10 Solana (SOL) Ecosystem Projects by Development Activity
![](https://letizo.com/wp-content/uploads/2024/09/top-10-solana-sol-ecosystem-projects-by-developmentactivity_66dc47b18afea.jpeg)
TL;DR
- Due to recent growth, Solana and its projects have gained popularity.
- Ecosystem meme coins like Dogewifhat (WIF) and Bonk Inu (BONK) have seen significant declines after a substantial surge earlier this year.
The Unsurprising Leader
Solana and numerous projects built on it have brimming in popularity in 2024. Some factors that could have contributed to this might be SOL’s bull run at the end of 2023 and the beginning of 2024, the growing community, and innovations in the ecosystem.
The crypto analytics platform Santiment recently outlined the top 10 Solana-based projects in terms of development activity in the past 30 days.
Somewhat expected, the first spot belongs to Solana itself, which collected a score of 186.33. It is worth noting that the protocol’s native token – SOL – has been experiencing a downfall since the end of July, plunging by approximately 30% and currently trading at around $127 (per Coingecko’s data).
Wormhole holds the second position with a ratio of 90.5. It acts as a bridge connecting various blockchain networks, such as Solana, Ethereum, BNB Smart Chain, and others. It enables users to transfer digital assets and data across these blockchains without a centralized intermediary.
Pyth Network is third, with a score of 68. It operates as a decentralized oracle network where multiple providers contribute to a collective data feed.
JITO and Neon round up the top 5 list. The other Solana-based projects down the line include Drift, Orca, Helium IOT, Helium Mobile, and Metaplex.
The Missing Ones
It is interesting to note that meme coins, which are part of Solana’s ecosystem, did not make the list. Such tokens, including dogwifhat (WIF), Bonk Inu (BONK), and many more, were among the top-trending topics in the crypto space at the start of the year due to their skyrocketing prices.
However, their progress has stalled as of late. WIF – the biggest Solana-based meme coin in terms of market capitalization – currently trades at around $1.52, representing more than a 70% decline from the ATH registered in April.
BONK (the second-largest) is worth approximately $0.00001666 as of the moment, or 60% less than the peak in May.
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Cryptocurrency
These Altcoins Bleed Out as Bitcoin (BTC) Price Fell by $4K in Hours (Weekend Watch)
![](https://letizo.com/wp-content/uploads/2024/09/these-altcoins-bleed-out-as-bitcoin-btc-price-fell-by-4kin-hours-weekend-watch_66dc47b73b311.jpeg)
Bitcoin’s nosedives continued in the past 24 hours as the asset slumped from an intraday high of $57,000 to under $53,000 within hours.
The altcoins are also in the red, and the total crypto market cap has dumped to $2 trillion for the first time in over a month.
BTC’s Troubles Keep Coming
The primary cryptocurrency lost the coveted $60,000 level last week, and the true downfall followed suit. Aside from a brief attempt to overcome that line on September 3, the bears have been predominantly in control, which culminated yesterday.
Before that, it was rejected a couple of times and marked lower daily highs. A relief rally came on Friday when the US released the job report for August, which showed that there was a slight decline in the unemployment rates.
BTC reacted quickly with a price increase from $55,500 to $57,000. However, that turned out to be a false breakout, and the cryptocurrency headed south immediately after. In a matter of minutes, it plummeted to $54,000 before the bears initiated another leg down that pushed it to a monthly low of $52,700 (on Bitstamp).
Despite recovering to just over $54,000 now, it is still 4% down on the day and more than 8% in the past seven days. Its market cap has plunged to $1.070 trillion, while its dominance over the alts is down to 53.5%.
Alts in Red Yet Again
The bearish scenario repeated once again, and the altcoins are back in red. Ethereum is among the leaders in this adverse trend, having lost over 4% of value. As a result, it now struggles at $2,250. BNB is down by 3%, XRP by 3%, and SOL by 2.5%.
DOGE has dumped the most from the larger-cap alts. The OG meme coin has seen 5% of its value evaporate over the past day and is below $0.1.
Further losses come from the likes of TON, BCH, SHIB, LTC, OKB, XMR, and many others.
The total crypto market cap has declined by another $50 billion and is down to $2 trillion on CG.
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Cryptocurrency
Vitalik Buterin Pledges L2 Tokens to Support Public Goods in the Ethereum Ecosystem
![](https://letizo.com/wp-content/uploads/2024/09/vitalik-buterin-pledges-l2-tokens-to-support-public-goods-inthe-ethereum-ecosystem_66dc47bce1201.jpeg)
Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes.
This announcement comes a few days after accusations that he had sold millions in Ether (ETH) for personal gain.
Vitalik Buterin Denies Profit Motive
Buterin was quick to respond to the allegations, emphasizing that he has not sold any ETH for personal profit since 2018. Instead, he clarified that any proceeds from his ETH sales have been directed toward projects that contribute to the Ethereum ecosystem or other charitable initiatives.
In a September 5 update, he expanded on his stance, pledging to donate all L2 tokens he holds, including not-yet-liquid assets, to support similar causes.
He wrote, “All proceeds will be donated, again either to support public goods within the Ethereum ecosystem or broader charity (e.g., biomedical R&D). I also do not intend to invest into L2s or other token projects in the foreseeable future.”
He explained that his aim in funding projects is to support initiatives he believes are important, particularly in situations where other parts of the ecosystem may not fully recognize their value.
The Allegations
On August 30, an X user accused him of selling over $2 million worth of ETH shortly after posting a positive update about Ethereum’s future.
Later on, Lookonchain also revealed that Vitalik had transferred 800 ETH, worth around $2 million, to a multi-signature wallet. Shortly after, the wallet swapped 190 ETH for 477,000 USDC.
Further analysis from Lookonchain indicated that on August 9, he had moved an additional 3,000 ETH, valued at over $8 million, to the same multi-sig wallet.
These transfers fueled speculation that the Ethereum co-founder was liquidating his Ether holdings to realize profits.
Buterin had previously disclosed that his entire Ether holdings came from the Ethereum pre-mining period, which allocated 11.9 million ETH (about 10% of the total supply) to early contributors. As one of them, he received 700,000 ETH for his role in the network’s creation.
According to blockchain tracker Arkham Intelligence, his current holdings amount to approximately 240,000 ETH. This is a reduction of around 460,000 ETH from his initial stash.
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