CoinW Crypto Exchange Lists DOG(RUNE) With Risk Warning

The crypto exchange CoinW has just listed $DOG on the platform, Gate.io follows suit

CoinW Crypto Exchange Lists $DOG(RUNE) | X

Key Points

CoinW crypto exchange has just listed $DOG, sparking enthusiasm in the Runes community. Leonidas, Ordinals developer, and Runestone creator has posted the announcement on his X account.

His followers are hoping for other important names to list $DOG as well, such as Binance and OKX.

CoinW also shared the important announcement on its own X account, also addressing a DOG(RUNE) bounty program. The listing of the token was announced for today, April 25, 7:00 UTC.

In the official announcement, the exchange notes that it introduces a new coin listing: DOG(RUNE)/USDT trading pair on RUNES Zone, and it also hosts a “DOG(RUNE) bounty program” with a reward pool of 5,000 USDT up for grabs.

The exchange added a risk warning for the coin, saying that DOG(RUNE) is a newly listed asset, and its initial price may experience significant fluctuations, leading to partial or total losses.

Users are advised to participate cautiously and carefully consider their experience in trading digital assets and their risk tolerance before making any buying or selling decisions.

CoinW is a centralized cryptocurrency exchange launched in 2017.

On its official website, the team notes that CoinW has been adhering to the principle of “empowering blockchain technology and financial transformation” and “helping users to increase wealth”, constantly optimizing its product line, making innovations and breakthroughs, and leading new trends in the crypto asset industry.

CoinW’s listing of $DOG marks the beginning of a new journey for the token which has been in the spotlight a lot recently, as the Runes popularity continues to grow.

Not too long ago, the Runestone snapshot for the DOG•GO•TO•THE•MOON Rune airdrop took place.

On April 22, the Runestone snapshot for $DOG went live and the team behind the project was stating on X that this is the face that can onboard a billion people to Bitcoin.

Gate.io also announces $DOG Listing

Following the previous listing, gate.io also announced the listing for $DOG on X.

https://twitter.com/gate_io/status/1783436165892227243

In the official announcement, the exchange notes that Gate.io is going to commence Runes Project $DOG•GO•TO•THE•MOON(DOG) trading at 12:00 PM (UTC) on April 25th, 2024.

DOG is boosting Runes

DOG collection helped Runes claim 81% of all transactions on the Bitcoin network on Tuesday, according to the latest reports from Dune.

Transaction share
Transaction share

Regular Bitcoin transactions represented 19% of the transactions, meanwhile, with BRC-20 tokens and Ordinals coming in the distance third and fourth at 0.2% and 0.1%, respectively.

Runes is a token protocol on Bitcoin developed by the creator of Ordinals, Casey Rodarmor. It launched at the fourth halving on April 20 and is taking the Bitcoin world by storm. Runes protocol was launched on OKX and Unisat.

Rodarmor’s latest creation is different from Ordinals, and its integration could boost Bitcoin’s economic model. The new standard for fungible tokens is integrated directly into the Bitcoin blockchain.

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