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MicroStrategy Buys $2B in Bitcoin, Fueling Ecosystem Rally: Will 0DOG 100X?

13 November 2024 12:43, UTC

Bitcoin bulls are back in control, and Trump’s victory has caused the BTC price to skyrocket. Michael Saylor is at it again with his infinite TWAP. MicroStrategy bought another $2 billion of BTC, marking the most significant purchase since 2020.

The glut of demand for BTC has ignited FOMO, and analysts and smart money are diving full force into the BTC ecosystem. Bitcoin did not have tokenized assets on its network last cycle. Wait until retail floods into the market and tries to find catch-up trades. BTC-native altcoins are due for a massive repricing, and Bitcoin Dogs is at the top of the list.

Its brand new Telegram is attracting thousands of new players into the ecosystem, and being the first-ever ICO on the Bitcoin network means it holds special precedence. Will 0DOG 100X next year? Here’s the bull case.

MicroStrategy buys another $2 billion in BTC

Michael Saylor has added another 27,200 BTC for a cool $2 billion. Saylor’s strategy for acquiring BTC will go down as one of the greatest trades in history. He issues shares and buys BTC with the proceeds, and MicroStrategy holding more BTC causes the MSTR stock price to pump. He has almost invented a magic money machine: trading stocks and fiat for precious Bitcoin.

Saylor is not the only institutional buyer interested. Bitcoin ETFs had their first billion-dollar day and have seen $2.6 billion in inflows this week alone. Institutions want BTC exposure and are spying through the nose to get it, driving BTC to make a string of new all-time highs.

$500K Bitcoin price prediction

The stock-to-flow model forecasts a $500,000 BTC price prediction in 2025, and this prediction becomes more realistic with each passing day. Trump’s leading Treasury secretary pick is highly pro-crypto, and this will be a historic first. Crypto has never existed under a pro-crypto administration, and all bulls have every reason to be excited.

Why 0DOG is massively undervalued

Bitcoin Dogs has to be one of the most undervalued projects currently on the market, and analysts expect major fireworks for BTC’s first ICO in 2025. As the first ICO, it enjoys historical precedence and is soft-pegged to the BTC price. BTC climbs; 0DOG climbs. Additionally, when retail capital floods back into markets, the lighthearted nature of Bitcoin Dogs makes it an obvious choice for retail investors who love memecoins.

The Telegram game is picking up steam, and thousands of players are already active in the ‘Hunt for Satoshi’. The team has already confirmed an airdrop of the in-game token BARK to early players. Will existing 0DOG holders also be eligible? It has not been confirmed, but the recent 0DOG price action suggests that somebody may know something.

Bitcoin Dogs has plenty more in the pipeline, including an NFT Ordinals collection. With 950 million monthly Telegram users who are all potential players of the Top Dawg game, anything is possible for Bitcoin Dogs in the next twelve months.

Could Bitcoin Dogs 100X in 2025?

Bitcoin Dogs is soft-pegged to BTC and has steadily climbed along with Bitcoin. Analysts expect a glut of retail capital to enter the space in 2025 when Bitcoin will most likely cross $100,000. Thanks to Trump’s overwhelmingly positive pro-crypto stance, the potential for this cycle is larger than any that has come before.

Bitcoin Dogs could easily 100X in 2025, and bullish analysts even forecast it will surpass this target and then some, factoring in rampant adoption of its Telegram game. Don’t wait until 2025 to join the party; Buy 0DOG here or start earning passive income by buying the bridged Ethereum token here and farming in the boosted liquidity pool.

Visit the official Bitcoin Dogs website to learn more.