- Bitcoin is being accumulated by large investors
- Bitcoin Dogs: BTC’s first ICO
- Why Bitcoin Dogs could easily 100X this year
Analysts have noticed intensified Bitcoin accumulation by large players, potentially indicating a new all-time high.
Bitcoin is being accumulated by large investors
On-chain sleuths found that whales (wallets holding 100+ BTC) and sharks (wallets holding 10+ BTC) have steadily accumulated while retail investors sell in fear. Large investors’ buying has always preceded new all-time highs.
Bitcoin Dogs: BTC’s first ICO
Bitcoin Dogs was the first ICO to take place natively on the Bitcoin network and raised a staggering $13.4 million in its presale. It is a light-hearted meme coin that increasingly trades in line with the base asset of its native network; a climbing BTC price fuels the 0DOG price.
Why Bitcoin Dogs could easily 100X this year
Bitcoin's ecosystem is attracting major investors again, especially with post-halving dynamics of reduced issuance and increased institutional buying pressure. Analysts’ price predictions suggest substantial growth for Bitcoin in this cycle, which also positively affects 0DOG's value.
The increasing accumulation of Bitcoin by large investors could indicate new all-time highs for the cryptocurrency market. Bitcoin Dogs, with its unique advantages, could become one of the leaders of this growth.
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