The $550B bull case for $DOG 🧵
SHIB is 3.73% of the market cap of ETH
WIF is 3.54% of the market cap of SOL
$DOG is 0.023% of the market cap of BTC
If $DOG reaches 3% of the market cap of BTC that would be $52B
If BTC goes to $250,000 this cycle like many analysts are calling for it to and if the same 3% ratio held $DOG would now have a market cap of $181B
But the 3% ratio of dog coin to native currency does not reflect the absolute frothiest moment of a crypto bull run
In 2021 during peak mania SHIB reached 9.12% of the market cap of ETH
If we applied this new 9.12% ratio to $DOG and BTC it would now increase $DOG's market cap to $550B which would be a 1,322x from today
This is not financial advice and is simply a set of observations and conclusions based on the historical market precedent of top dog memecoins
It has never been easier to buy $DOG!
You can buy $DOG on Solana via @ZapApp
You can buy $DOG on Bitcoin L1 via @xverse
You can buy $DOG on Bitcoin L2 via @bitflow
You can buy $DOG on Tier-1 CEX via @krakenfx
The $DOG airdrop was an on-chain work of art.
We took over 4 consecutive blocks to create 75,486 UTXOs which each placed a unique $DOG allocation in 75,486 Runestone holder addresses.
Executed perfectly with zero margin for error and $300M on the line.
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Airdrop farming has always been regulatory arbitrage
When ICOs became illegal companies pivoted to telling users that if they do X they will "earn" tokens but X is always something that requires paying money
This is why $DOG was a retroactive airdrop!
Nobody knew they were going to get $DOG which meant that $DOG was airdropped to real people based on their organic activity
If $DOG had been airdropped to people farming it $DOG would have certainly failed
The $DOG Army is where it is today because it was born out of the year one Ordinals community
Everyone who showed up and supported Bitcoin when it needed them the most despite unprecedented amounts of FUD and hate received $DOG
Our conviction is rooted in our history
Never forget where we came from and how hard we had to fight to get here
Never give up on $DOG!