Key Points
- DOG (Runes) saw a price surge today of over 45%.
- The Ordinals and Runes protocols have been just upgraded.
The price of DOG saw an impressive surge today, by over 45%, reaching a market cap of over $275 million.
According to data from OKX, the Runes market rallied in the past 24 hours following the stock exchange decline worldwide and the turbulence that the crypto market saw as well.
Ordinals developer Leonidas has re-posted via his X account, Ord.io’s announcement, stating that the Ordinals and Runes Protocols have been just upgraded from alpha to beta a few hours ago.
Leonidas also shared his gratitude via a message on X to Bitcoin developer and the mastermind behind Runes, Casey Rodarmor, and Ordinal theorist, known as Raph.
DOG also announced on X today that it reached 20,000 followers. The messages sends gratitude to the amazing community that supported the project.
Wow! We just hit 20k followers!
A huge thank you to each and every one of you for your incredible support. We’re thrilled to have such an amazing community here on . Your engagement, feedback, and enthusiasm inspire us every day.$DOG GO TO THE MOON! pic.twitter.com/e7uxEe55Ry
— Dog (@dogbtc_) August 6, 2024
Meme coins experienced a surge today, following yesterday’s global market decline.
What is DOG (Runes)?
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.
It was launched on April 2024 as part of a volunteer-organized airdrop to the Bitcoin Ordinals community with no team allocation or presale.
DOG has the mission to go to the moon and onboard millions to Bitcoin.
Not too long ago, Leonidas shared a post revealing the setup for DOG that includes the following:
- no tier-1 CEX listings yet
- on the brink of reaching the homepage of CMC
- on the verge of becoming the 10th meme coin to ever reach $1 billion
Yesterday, Leonidas was posting that every CEX must list DOG without a listing fee.
