One thing that might stand out is that I am open-minded and have noticed over the years that I am an early adopter and curious.
After many years of following the stock market, I’ve become more interested in following the crypto market and its development. It’s interesting to follow the different sectors and their evolution. Much of my knowledge comes from Altcoin Buzz. Let’s discover more about $DOG.
A New Frontier: Betting Big on Memecoins with Bitcoin
I discovered that memecoins are the biggest narrative of 2024 and started to take them seriously for the first time. I realized they aren’t that different from stocks or altcoins. The value isn’t based on how well or poorly a company does but is entirely up to what the market thinks it’s worth. You might disagree. But as I said, I’m open-minded and an early adopter. So, I decided to invest in memecoins.
One criterion was that it shouldn’t be built on a testnet like Solana or Cardano, which could suddenly become obsolete due to newer networks. So, I thought, what if there’s a memecoin on Bitcoin? After a few minutes of searching on X, I came across a guy called @LeonidasNFT. He had made an NFT on Bitcoin called RUNESTONE and airdropped it to people who had inscribed data on Satoshis, people who believe in BTC.
Runestone just mined the largest Bitcoin block in history and inscribed the largest inscription ever, AGAIN!
This was April 2024, and the Bitcoin halving was about to happen. At that moment, the Runes protocol was launched, making it possible to manage fungible tokens on Bitcoin. In other words, MEMECOINS ON BTC. Before the halving, @LeonidasNFT made an announcement. He will create $DOG on Bitcoin and airdrop all tokens to Runestone holders.
A DOG Coin on Bitcoin
I purchased 4 Runestones and waited with anticipation for the $DOG airdrop. April 24th, $DOG was smoothly airdropped to 74,000 holders, and the $DOG community was born. Leonidas’s mission was clear: To make $DOG the biggest memecoin ever! Here is a 2-min video about $DOG:
So, I quickly realized there was something here, not just because it was a dog on Bitcoin. There was a strong will among everyone involved. Everyone saw the same potential. Since $dog is 100% owned by the community, We had to take $DOG to the moon. A self-fulfilling prophecy! So, I became a $dogfluencer.
— Runestone MeshBeatles (@SolRunestone) July 16, 2024
The community has no paid influencers or big CEX pushing. Everything the $DOG community has achieved has been done the hard way through sheer determination. This brought the community together; it may not be the biggest community, but it sure is the strongest and most dedicated.
The more time I spend on X watching other memecoins and supporting $DOG, the more I realize how corrupt not only memecoins are but altcoins too. CEXs push scam coins and use their users as exit liquidity. Pretty much all memecoins are heavily held by the creators, whales, and paid influencers. CEXs get paid in tokens to list them, which makes the CEX very powerful. Here is a letter of Leonidas where he talks about this situation:
OPEN LETTER TO COINBASE
Subject: Request for Transparency and Fair Listing Practices for $DOG on Coinbase
The $DOG Army is writing this open letter to respectfully request clarification regarding the status of $DOG‘s application for listing on the Coinbase platform. This letter…
$DOG is doing the exact opposite. I can stand for this and feel good about it. $dog is the most free and fair coin out there. This aligns with my values.
What is the Future for this Young BTC $DOG Coin?
It’s hard to know where $dog is headed. Since $DOG operates like a school of fish moving as a collective group, no individual makes the decision; it just happens. But with this community, I only see it going one way: To the moon. Here is an easy guide about how to buy $DOG in the Xverse wallet:
There are so many competent people putting their heart and soul into this community, dedicating hours a day to brainstorming and pushing ideas without getting paid. In just six months, we’ve created:
$dog has become more than itself; it has become a symbol and a revolution for a free and fair market where the power remains with the holders. It’s making a better future for the market, especially for holders like you and me.
Ranked the number seven memecoin without being listed on a Tier 1 CEX.
Teamed up with Nashville Hot Chicken (NHC) where you can buy food with $DOG.
Created dogofbitcoin.com and 100,000 $DOG plushies as part of one of the biggest raffles of the decade.
The last month has seen the so-called “$DOG” effect. Every time someone posts about $dog, their engagement skyrockets. I believe people will leverage the existing community as a springboard for their projects. As long as it’s a win-win scenario and it’s free and fair, the community will support it.
More About $DOG
Some incredibly many people haven’t heard of $DOG who would love what we stand for. A snowball effect awaits us.
$DOG will onboard millions of people to Bitcoin. Millions of Bitcoin owners will use $DOG as a leverage of Bitcoin. The masses will accept this meme coin $dog as a real investment. A few months ago, I never imagined in my wildest dreams that I would be an influencer and be part of developing Bitcoin. But here I am, and it feels incredibly good.
SHIB is outdated. You should be focusing on the #1 meme coin on Bitcoin, $DOG (Rune). Runes are the new fungible token standard on Bitcoin. Let me know if you have any questions. pic.twitter.com/0RtbqSQnKy
We keep it simple with three ingredients that make a magical combo: A cute dog, a Bitcoin network, and a philosophy of free and fair. With these words, I believe you understand why I became a $DOGfluencer. And one last thing! Join us, and you will be able to say: “You see that Bitcoin mascot? I was part of making it.”
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
$DOG (@Bracket333) November 7, 2024
MeshBeatles
(@SolRunestone) July 16, 2024
pic.twitter.com/ZmIG42j42Z
(@cryptolution101) October 21, 2024
pic.twitter.com/0941usPAgx
