Impact of Bitcoin's upcoming halving on Bitcoin Dogs ($0DOG)

2024-03-29 03:46:49 ET

Bitcoin (BTC) traded at $70,449 on Friday, and enthusiasts expect more actions as we enter the much-awaited haling month. The latest calculation shows the event will happen on 20 April.

The halving will reduce miner rewards, bringing the scarcity effect and welcoming bullish price actions. Bitcoin Dogs ($0DOG) taps on BTC’s capabilities and remains poised for remarkable actions in the coming months.

Bitcoin’s projections ahead of halving

Cryptocurrency experts remain bullish for Bitcoin and the digital assets sector in the upcoming months.

Tether co-founder William Quigley commented on BTC’s ongoing bullish performance and predicted skyrocketed values after the halving.

¿¿ Get ready for a market shake-up! ¿¿ #BitcoinHalving is coming this April, and it’s set to reshape the crypto landscape. Here’s what Tether Co-Founder William Quigley has to say:

¿¿ “Post-halving, we’ve seen historical price surges – from $12 to $1,200 in 2012, $650 to $20,000…

— John Bravo (@JohnBTCBravo) March 28, 2024

Quigley trusts maintaining the $70 mark by 20 April could open doors for massive upswings towards $300,000. Historically, bulls have dominated the markets after halvings.

Bitcoin Dogs ready for bullish performance

Bitcoin Dogs introduced the first-ever BTC ICO. The project attracted massive interest from investors, raising about $13.5 million in a month in its recently concluded presale.

¿¿ The $0DOG presale has officially ended, and what an incredible journey it's been with the dawgs!¿¿

With over $13,486,199.1 raised, we've set the bar high for the future!¿¿

Thank you to everyone who joined us on this wild ride – let's keep the momentum going! ¿¿¿¿… pic.twitter.com/vGYBVoXsNw

— BitcoinDogsClub (@BitcoinDogsClub) March 16, 2024

Besides its link with Bitcoin, the exclusive NFT collection for token holders saw crypto fans flocking to $0DOG before and after the presale.

$0DOG price forecast

Its connection to the largest crypto by market cap and robust utility sets Bitcoin Dogs on the path for a potential 100x in 2024.

The new altcoin will benefit from various bullish developments this year. Besides the January spot Bitcoin exchange-traded funds approval , the April halving, recovering NFT market , and anticipated altcoin ETFs could send $0DOG prices to $1.

Further, BTC’s expected surges in 2024 will possibly see the altcoin market booming, propelling the lies of Bitcoin Dogs to record peaks.

Bitcoin witnesses increased accumulation from large-scale investors, and the demand will likely mushroom after the halving-triggered supply shortage. That bodes well for $0DOG’s expected surges in the coming months.

You can find more Bitcoin Dogs details here .

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