The Bitcoin-based meme coin DOG•GO•TO•THE•MOON (DOG) just ripped through the crypto skies. Speculation’s bubbling about Binance adding DOG futures, and prices popped higher than they’ve been since June.
DOG’s Price Boom Sends Traders Into Meme Fever
DOG’s run started when Kraken listed DOG futures on November 15, whipping up a speculative frenzy. Word’s spread quick—some crypto sleuths on X spotted screenshots on Ord.io, showing DOG, Pups•World•Peace (PUPS), and Billionaire•Dollar•Cat (BDC) under Binance’s scrutiny. Traders didn’t waste time; they jumped in like sharks smelling Sats.
DOG ripped up 88% this week, landing at $0.007. PUPS didn’t miss the action, surging 31%, while BDC fizzled down 1%, puzzling meme chasers. But it’s not only DOG riding high—the whole dog pack’s snout-deep in multi-month highs, from Solana’s woofers to Ethereum’s tail-waggers.
Meme Coins Sniff the Wind of Political Change
Political chatter adds more bark to the buzz. Some traders see a red wave in Washington as a green light for digital assets. Trump’s win fired up speculators, betting that meme coins like DOG might see sunny days ahead. Doggo-themed assets are everywhere now, chomping at the charts.
DOG’s Journey from Airdrop to Bitcoin’s Meme Coin King
DOG started on the Bitcoin blockchain back in May 2024, minting itself a quirky home via the Runes protocol. It was an airdrop to Runestone Ordinals collectors, making DOG a quick-fave Runes token. But there’s a shake-up in the scene: BRC-20 tokens are climbing to the top. BRC-20s snagged 55% of Bitcoin’s token market, eclipsing Runes’ old-school dominance of 94.7%.
DOG’s market cap’s now flying high at $791 million, ruling the Runes leaderboard, per UniSat’s latest scroll.
Ordinals Protocol Brings Meme Magic to Bitcoin’s Doorstep
Ordinals creator Casey Rodarmor dropped a bombshell last year, opening Bitcoin to meme shenanigans. With his protocol letting folks inscribe “shitcoins and beyond” onto the chain, DOG wiggled its way to stardom. Its mix of meme vibes and Bitcoin’s OG status caught fire. DOG’s brain behind the game, Leonidas, thinks it’s just the start.
“DOG lives at the crossing of meme coins and Bitcoin,” said Leonidas. Solana’s and Ethereum’s dog coins fetched attention, and traders think DOG could wag its way to similar success.
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