DOG- A memecoin on Bitcoin Blockchain

Odusko

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Quote from: oktana on May 23, 2024, 04:10:00 PM

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?

That is the reason for the price surge that you may have seen, alot of happening in the memecoins market right now, and alot of teams are coming up with mechanism just to execute their desired plans on the long run, I think majority of them just use such terms to get the attention of investors and that why trading on those coins are higher risk than trading other coins in the market the reason is because this kind of coin are easily pumped and dumped at will.

Because there is no possible way, a coin can claim to be no pre sale or team allocation and yet the coin is in the market, so who holds them and who is trading them.

Most of the memecoins have like 2 real trader's and 100 bots trading Al with fake volume and price, all blown up just to get to the gullible investors who may likely believe what is displayed on the market.

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I participated in the presale but the token dumped so fast after listing

FortuneFollower

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Quote from: ekotyo24 on Today at 12:06:05 AM

Memecoins often become big trends on various blockchain networks, mainly due to their strong community and often very fast price movements. Some popular memecoins on these networks may include Pepe, DogeChain, or Shiba Inu.

However, it is always wise to do some research first before jumping into memecoins, considering their high volatility and potential risks.

Is there a particular memecoin that caught your attention or that you want to learn more about?

I've heard about Clayton lately - it's a mini-app on Telegram that uses a game of 2049 of sorts with bonuses and will be dropping its token soon, probably.
Though, it's a bit off-topic and I think you should create your own thread regarding this question, that would be better.

ekotyo24

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Memecoins often become big trends on various blockchain networks, mainly due to their strong community and often very fast price movements. Some popular memecoins on these networks may include Pepe, DogeChain, or Shiba Inu.

However, it is always wise to do some research first before jumping into memecoins, considering their high volatility and potential risks.

Is there a particular memecoin that caught your attention or that you want to learn more about?

StreakW

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The seeming trend of memecoins on blockchain chains such as Base, Solana, and BNB, has given rise to a strong interest in memecoins among meme fans and the crypto community at large. However, like all crypto investments, there are risks associated with memecoins like DOG. Regulation-risk, liquidity and price volatility are some of the things that need to be carefully considered before making an investment decision.

Sayeds56

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Quote from: oktana on May 23, 2024, 04:10:00 PM

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?

You are right DOG coin was distributed as airdrop on Bitcoin block via Unisat and other wallets. If the was no pre-sale then the whole supply might have been distributed as airdrop.
In my opinion, meme coins launched on Bitcoin, Ethereum or any other chain, they are not worth holding for long term unless the utility of the token is establish and recognized by market makers. It is always wise to asses the value of meme coins before investing in them.

batang_bitcoin

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I know that many of us are for some quick profit as we trade but it's best to have another choice to patronize and not those that are congesting the network. The network isn't congested right now but they're one of the reasons why we experience some network traffic that causes the fees to go up every time that the market goes on a skyrocket. But anyway, that's just my preference and it might not be applicable to those that are making a lot of money out of these memes in the btc blockchain.

bluebit25

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Quote from: lixer on June 01, 2024, 05:35:53 AM

Quote from: bluebit25 on May 31, 2024, 03:19:19 AM

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.

There's no FOMO then if there is a FUD. Major CEX can accept almost any projects as long as you have the budget to afford their expensive listing fees. It's just a meme coin as you said but that sounds special if not all can access it and it can mean that you are among the lucky ones to have an early access.

Anyways, we are only exaggerating things there but the only simple reason on why they are not here yet is because they haven't heard of it yet and maybe the project lacks in budget to promote it properly. You already give one good advice there, don't worry and yeah that the increase in some meme coins are because of the influence of the leading and major meme coins. Confusions are always there especially in a highly volatile market like cryptos but there is no need to confuse our selves about meme coins bringing new people here. That is known already a long time ago. This is the only thing that they can pay for the damage that sometimes they dealt to the market or the investors.

Because this scenario appears across many trends or in many different ecosystems, skepticism in the early stages is followed by acceptance. In this situation because I witnessed the launch of BRC20 in this space, and I myself admitted the bullsh*t

, and the same thing I saw in RUNE. But perhaps we should accept the reality that in the market trend that is comfortable with investment funds, the technology issue is only to cause skepticism, and is important as long as the plan to achieve profits is completed. Even before that I had misconceptions about Bitcoin, but over time I accepted that ignorance to get closer to it.

As for the $DOG issue, the situation is very exciting, perhaps it wouldn't be too surprising if it could reach the $1B capitalization mark, although I'm not a memecoin fanatic, but looking at what the community supports It seems they are doing well.

lixer

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Quote from: bluebit25 on May 31, 2024, 03:19:19 AM

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.

There's no FOMO then if there is a FUD. Major CEX can accept almost any projects as long as you have the budget to afford their expensive listing fees. It's just a meme coin as you said but that sounds special if not all can access it and it can mean that you are among the lucky ones to have an early access.

Anyways, we are only exaggerating things there but the only simple reason on why they are not here yet is because they haven't heard of it yet and maybe the project lacks in budget to promote it properly. You already give one good advice there, don't worry and yeah that the increase in some meme coins are because of the influence of the leading and major meme coins. Confusions are always there especially in a highly volatile market like cryptos but there is no need to confuse our selves about meme coins bringing new people here. That is known already a long time ago. This is the only thing that they can pay for the damage that sometimes they dealt to the market or the investors.

terrific

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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.

jacafbiz

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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

redsun114

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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.

kentrolla

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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.

makishart

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Quote from: Iamcrypticguy on May 31, 2024, 01:34:37 AM

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.

bluebit25

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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.

Iamcrypticguy

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Quote from: DeathAngel on May 29, 2024, 01:31:31 PM

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

Mate2237

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Quote from: DeathAngel on May 29, 2024, 01:31:31 PM

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.

DeathAngel

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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.

peter0425

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Quote from: Bureau on May 25, 2024, 06:51:59 PM

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.

Iamcrypticguy

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Quote from: Ben Barubal on May 25, 2024, 07:32:23 PM

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..

Topic: DOG- A memecoin on Bitcoin Blockchain (Read 297 times)