Key Points
- $DOG has just been verified by CoinMarketCap, and the token now shows up as the #268 token in the world.
- The announcement was made via X by Ordinals developer and Runestone founder Leonidas.
Leonidas, the developer of Ordinals and founder of the Runestone project, has just shared an announcement on his X account.
He posted that $DOG has just been verified by the CoinMarketCap platform, and it now shows up as the 268th crypto in the world.
BREAKING: $DOG just got verified on CoinMarketCap and now shows up as the #268 cryptocurrency in the world! pic.twitter.com/HD9HEDuEAc
— Leonidas (@LeonidasNFT) May 7, 2024
He also posted that $DOG needs a $311 million market cap to hit the second page of CoinMarketCap, and an $805 million total market cap to hit the homepage of the platform.
Leonidas noted that the visibility that the project would get from achieving these two goals would be enormous.
$DOG needs a $311M market cap to hit the second page of CoinMarketCap$DOG needs a $805M market cap to hit the homepage of CoinMarketCap
The visibility we will get from achieving these two goals will be massive
— Leonidas (@LeonidasNFT) May 7, 2024
On April 25, it was reported that the CoinW crypto exchange had listed $DOG, sparking enthusiasm in the Runes community. The same day, Gate.io announced the listing of the coin as well.
https://twitter.com/gate_io/status/1783436165892227243
On May 5, Leonidas also posted that Ordinals steamrolled ERC-721 in less than a year, Runes will steamroll ERC-20 in less than a year, and getting to relive the rise of Ordinals and see the Runes’ success will be satisfying.
I can’t tell you guys how much I love getting to be the under $DOG again
It makes the victory so much sweeter
Ordinals steamrolled ERC-721 in less than a year
Runes will steamroll ERC-20 in less than a year
Getting to relive the rise of Ordinals but for Runes is going to be…
— Leonidas (@LeonidasNFT) May 5, 2024
Also, he shared an important post about the “immense power of Bitcoin” today, May 7.
He said that going higher takes belief, and doubters have to become believers. The developer explained that Runes are tokens of meaning that inherit Satoshi’s legacy and the “deep power intrinsic to the largest, most secure, most decentralized, and longest-running crypto-economic network that has ever been created.”
He addressed the immutable digital assets etched into the chain and the importance of seeing the “true power of Bitcoin.”
So many of you still do not understand the immense power of Bitcoin
After all we have been through you still have no faith in fungible tokens on the largest blockchain
One day of the top Runes going down 20% and you give in
My message is simple
You are not ready
We will… pic.twitter.com/yRwD59xaWy
— Leonidas (@LeonidasNFT) May 6, 2024
What is $DOG?
DOG•GO•TO•THE•MOON is a rune that was etched and minted on top of Bitcoin via the Runes Protocol. Similar to other Runes tokens, DOG is a fungible crypto asset. Its goal is to overtake DOGE’s market cap, according to Leonidas, its creator.
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.