Bitcoin Runes account for 50% of Bitcoin transactions. And we’re in a bear market.
It’s an impossible stat to not be aware of if you’re Michael Saylor, the #1 BTC holder behind Satoshi.
I saw @saylor is coming around to altcoins. He’s understanding the digital asset ecosystem and benefits of DeFi to Bitcoin.
It’s only a matter of time before he understands that the number 1 coin on Bitcoin besides BTC itself is $DOG.
Currently 99% of people who see $DOG think it’s just another memecoin.
While it’s true $DOG is a memecoin, it’s more true that it’s anything but a memecoin.
This is a very short synopsis of where the value play exists when it comes to Runes and $DOG specifically.
A historic moment for crypto.
Kraken Financial has been granted a Federal Reserve master account, making us the first digital asset bank with direct access to the U.S. payments system.
A major step toward connecting crypto infrastructure with the core rails of global finance.
https://t.co/yVgwuJDZge
I am very excited to announce that @coinbase has begun rolling out support for $DOG trading in their main app to over 100 million users!
Powered by @minelabs_ and @solana.
Working hard to make $DOG available on more exchanges soon
Listing conversations are different now:
1. $DOG has "proven" itself by maintaining the title of #1 Bitcoin memecoin for over a year and is no longer viewed as a "risky listing"
2. Kraken's $DOG spot listing gives us tier-1 level validation that "warms the waters" for other CEXs to jump in also known as the "domino effect" (no listing manager has ever gotten fired for not being the first to list an asset but they can get fired for being "late" or last" to a trend like Bitcoin memecoins)
3. Crypto sentiment is once again on the rise and there is a general "excitement" around crypto that historically has translated into lots of new listings (during "down only" periods in crypto many top exchanges will "freeze" new listings which make conversations go "cold" however this is definitely no longer the case)
I am very optimistic that a "win-win situation" can be created with exchanges where:
- Their users are happy that they have access to buy the "top Bitcoin memecoin"
- Their marketing team is happy about the organic crypto native brand activation with the $DOG Army (loudest memecoin community on X)
- Their growth team is happy about the new user sign ups and deposits that come with supporting a new asset category (Bitcoin memecoins)
- Their business team is happy about the increased volume and revenue from trading fees
And the best part is that all of this can be achieved without paying listing fees as was demonstrated with Kraken's listing of $DOG
Many of these conversations are at different stages and I am making zero promises however things are looking healthy again and all that I ask of the $DOG Army is that you are as loud as possible so that every tier-1 CEX sees that $DOG deserves to be given a fair chance!