Dog (Bitcoin)

What Is DOG (Bitcoin)?

Launched in early 2024, DOG (Bitcoin) is a fully decentralized memecoin built on the Bitcoin blockchain. It was created to foster a strong community-driven ecosystem while introducing millions of people to Bitcoin. Unlike traditional memecoins that often rely on insider allocations or marketing-driven tokenomics, DOG (Bitcoin) was distributed through a fair airdrop with no team allocation, ensuring an organic and community-first approach.

What Makes DOG (Bitcoin) Unique?

DOG (Bitcoin) distinguishes itself from other memecoins by being completely decentralized and operating under the CC0 license. This means it has no official team or central entity controlling its development. The airdrop algorithm was designed to be fair and transparent, favoring neither whales nor influencers, and was fully open-source. The project embodies the spirit of Bitcoin by promoting decentralization, community involvement, and permissionless innovation.

How Is DOG Secured?

DOG (Bitcoin) is secured by the Bitcoin blockchain, living on Bitcoin Layer 1 (L1) as a Runes token. Runes are a new token standard designed to minimize on-chain footprint while maintaining the security and transparency of the UTXO model, just like BTC itself. This ensures that DOG benefits from the same level of security and immutability as Bitcoin.

How Many DOG (Bitcoin) Coins Are There in Circulation?

DOG (Bitcoin) was fully distributed via a fair airdrop at launch, with 100% of its supply airdropped for free to early adopters of the Ordinals Protocol. Since there was no team allocation or pre-mine, the entire circulating supply was introduced to the market at once, reinforcing the project’s decentralized nature.