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DOGS Crypto Delays Launch Again: Is Bitcoin Dogs A Better Investment?

23 August 2024 14:28, UTC
  • The DOGS crypto airdrop has been delayed again, with listings now due on 26th August

  • Rival Telegram game Bitcoin Dogs listed this week, soaring to an all-time high of $0.11 after a near-3x surge

Viral Telegram gaming crypto, DOGS, was set to debut with a hotly anticipated listing today, but has pushed back its token generation event (TGE) to 26th August, much to the annoyance of its community.

This comes after one postponement already—the airdrop was initially scheduled for 20th August—leading to some frustration ahead of DOGS’ listing on 15 exchanges next week, including Binance Launchpool and Bybit, the world’s top exchanges by volume.

Elsewhere in the market, another viral Telegram game token, Bitcoin Dogs (0DOG), listed this week on three exchanges: MEXC, Gate, and UniSat. It enjoyed a huge pump immediately after listing, soaring almost 3x to a high of $0.11 before stabilizing around its launch price.

With the DOGS airdrop facing increasing frictions, dog-loving Telegram bulls may want to consider 0DOG as a superior option for profits.

DOGS Crypto: When will it launch?

As of right now, DOGS is set to launch on 26th August, on exchanges including Bybit and Binance—but based on the fluid schedule so far, be prepared for further changes.

Initially slated for TGE on 20th August, the DOGS airdrop was first moved back to today, 23rd August, to allow all players to receive their airdrop allocation. Demand proved overwhelming, though, with over 8 million users already claiming, forcing a second postponement to August 26th.

Binance and Bybit listings are a huge coup for DOGS, cementing the token’s status as a viral sensation, and could lead to a huge price spike when listing does finally get underway. 400 billion tokens are being airdropped to 42.2 million players, who will be hoping for such a spike: their tokens were earned by simply playing the game—free money, quite literally.

DOGS is a tap-to-earn Telegram game, where players tap their screen to earn in-game tokens. Tap-to-earn is one of crypto’s fastest growing niches right now, which explains the mass virality surrounding the token—and the success of Telegram gaming at present also explains the viral success of Bitcoin Dogs.

Bitcoin Dogs vs. DOGS: Which is the best pick?

Bitcoin Dogs is a play-to-earn Telegram game, backed by the 0DOG token, which in March held the first-ever ICO on the Bitcoin blockchain.

The ICO raised $13.4 million, which means that compared to the as yet unproven DOGS, there is already huge, established market demand for the 0DOG token. This has spilled onto the market, with over 5 million tokens changing hands in the last 24 hours on MEXC alone.

And there’s plenty more to get excited about further down the line that could fuel a continued rally for 0DOG. Unlike DOGS, 0DOG is a token built on the Bitcoin blockchain—meaning it’s primed to benefit from positive BTC price action as a member of its ecosystem. Bitcoin is currently preparing for a parabolic breakout in Q4, according to top analysts, and such a surge could hugely benefit the 0DOG price.

Also in Q4, the Bitcoin Dogs game is scheduled for release. Player-versus-player (PvP) battles with other dogs, old school 8-bit graphics, and Tamagotchi-style retro gameplay foot a bill that is primed to send the emerging Telegram gaming market—worth $8 billion already—into a frenzy.

DOGS vs. Bitcoin Dogs: Our verdict

While DOGS has achieved insane levels of hype as of late, Bitcoin Dogs’ game looks far superior, and after the “free money” airdrop hype has faded for DOGS, it looks like 0DOG has a far superior value offering, as well as strong market performance already and a huge ICO under its belt.

Don’t be fooled by the DOGS hype: Bitcoin Dogs could very well be the better pick for long term profit potential.

Bitcoin Dogs (0DOG) is available on MEXC, Gate, and UniSat. Head to the official Bitcoin Dogs website to learn more.