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Bitcoin sets a new all-time high at $73k: Will it rally higher ahead of the halving?

13 March 2024
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Key takeaways

Bitcoin has set a brand new all-time excessive of $73k and will soar increased within the brief time period. 

The Bitcoin Canines presale will finish in two days and the venture has raised greater than $10 million to date. 

Bitcoin units a brand new all-time excessive at $73k

Bitcoin has set a brand new all-time excessive worth for 2 consecutive days this week. BTC surged to a brand new all-time excessive on Tuesday after buying and selling across the $73k area. The milestone got here after BTC added greater than 1% to its worth on Tuesday, 

The world’s main cryptocurrency by market cap has barely retraced. At press time, the worth of Bitcoin stands at $72,060, up by lower than 1% within the final 24 hours. 

Because of the latest rally, Bitcoin’s market cap has now crossed the $1.4 trillion mark, overtaking Silver because the eighth-largest asset on the planet. BTC may soar increased forward of the Bitcoin halving, which is roughly 38 days away. 

What’s Bitcoin Canines?

As Bitcoin is hovering, tasks on the Bitcoin blockchain are additionally attracting curiosity from traders. Bitcoin Canines is likely one of the tasks that’s quick changing into a favorite amongst traders. 

Bitcoin Canines is a singular venture as it’s the first BRC-20 ICO on the Blockchain community. This venture intends to supply traders an thrilling worth proposition by combining the fundamental options of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 tradition. 

The Bitcoin Canines ICO has attracted traders throughout the Web3 ecosystem and has raised greater than $10.5 million to date. The presale will finish in two days and the token will launch on decentralised and centralised exchanges. 

The presale started a number of weeks after spot Bitcoin ETFs within the US launched. The spot Bitcoin ETFs launched by BlackRock, Constancy, and others are raking in report numbers as extra traders purchase into the Bitcoin dream. 

Moreover, the the Bitcoin halving is barely 38 days away, and it’s an thrilling occasion that might see BTC’s worth soar increased within the close to time period. These elements make the Bitcoin Canines’ ICO a particular one out there. 

Bitcoin Canines is a pacesetter as it’s the first BRC-20 ICO on the Bitcoin community. The venture can be powered by its native $0DOG token. 

Bitcoin Canines presale surpasses $10.5m

The Bitcoin Canines presale has already raised greater than $10.5 million lower than a month after it was launched. The $10.65 million raised to date signifies rising curiosity amongst traders for this venture and its token. 

The tokenomics present that Bitcoin Canines will solely mint 900 million $0DOG tokens. Nonetheless, token holders could be granted entry to an unique NFT assortment and an immersive gaming ecosystem. 

The presale will finish in two days, lasting for a complete of 1 month. Bitcoin Canines is already making the most of the rarity and novelty of BRC-20 to boost hundreds of thousands of {dollars} that may assist it develop its merchandise. 

$0DOG tokens could be minted on the Bitcoin blockchain. Nonetheless, traders will purchase them on ERC-20. That is as a result of recognition of ERC-20 tokens. After buying the tokens with ERC-20 tokens, traders will present a BTC pockets tackle and obtain $0DOG tokens. Buyers pays for the $0DOG token utilizing ETH, USDT and USDC stablecoins.

Click on right here to study extra concerning the Bitcoin Canines presale.

Must you put money into the Bitcoin Canines earlier than the presale ends?

The Bitcoin Canines presale ends in two days and the numbers recorded to date have been spectacular. The venture is leveraging Bitcoin’s ongoing rally and its token may additionally profit from the Bull Run. 

Bitcoin Canines is the primary ICO on the Bitcoin blockchain and is already attracting curiosity from traders. The venture gaining large adoption along with the continued bullish cycle may see its $0DOG token turn out to be one of many largest winners out there over the following few months and years. 

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