Leonidas

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>DOG (Runes) saw a price surge today of over 45%.</li> 
 <li>The Ordinals and Runes protocols have been just upgraded.</li> 
</ul> 
The price of DOG saw an impressive surge today, by over 45%, reaching a market cap of over $275 million. 
<figure id="attachment_48356" aria-describedby="caption-attachment-48356" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/DOG_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-48356 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/DOG_1D_graph_coinmarketcap.jpeg" alt="DOG price in USD today" width="1200" height="800" title="$DOG Price Up by 45% Today, Following Ordinals and Runes Upgrade 16"></a>
 <figcaption id="caption-attachment-48356" class="wp-caption-text">
 DOG price in USD today
 </figcaption>
</figure> 
According to data from <a href="https://www.okx.com/web3/marketplace/runes" rel="nofollow noopener" target="_blank">OKX</a>, 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. 
<figure style="width: 100%" class="wp-caption alignnone">
 <a href="https://x.com/ord_io/status/1820664549357302023/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GURMH-LW8AAMKu1?format=jpg&amp;name=4096x4096" alt="Ord.io via X" width="2368" height="1290" title="$DOG Price Up by 45% Today, Following Ordinals and Runes Upgrade 17"></a>
 <figcaption class="wp-caption-text">
 Ord.io via X
 </figcaption>
</figure> 
Leonidas also shared his gratitude via a message on X to Bitcoin developer and the mastermind behind Runes, Casey Rodarmor, and Ordinal theorist, known as Raph. 
DOG also announced on X today that it reached 20,000 followers. The messages sends gratitude to the amazing community that supported the project. 
<blockquote class="twitter-tweet"> 
 Wow! We just hit 20k followers! 
 A huge thank you to each and every one of you for your incredible support. We’re thrilled to have such an amazing community here on . Your engagement, feedback, and enthusiasm inspire us every day.<a href="https://twitter.com/search?q=%24DOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$DOG</a> GO TO THE MOON! <a href="https://t.co/e7uxEe55Ry" rel="nofollow" target="_blank">pic.twitter.com/e7uxEe55Ry</a> 
 — Dog (@dogbtc_) <a href="https://twitter.com/dogbtc_/status/1820746343326818328?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">August 6, 2024</a>
</blockquote> 
Meme coins <a href="https://crypto.ro/en/news/memecoins-surge-amidst-global-financial-concerns/">experienced a surge</a> today, following yesterday’s global market decline. 
<h2 id="what-is-dog-runes">What is DOG (Runes)?</h2> 
DOG•GO•TO•THE•MOON is a rune that was etched and minted on top of Bitcoin via the Runes Protocol. Similar to other <a href="https://crypto.ro/en/education/bitcoin-runes-protocol/">Runes</a> 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<a href="https://x.com/LeonidasNFT/status/1797017256502677744" rel="nofollow" target="_blank"> post</a> revealing the setup for DOG that includes the following: 
<ul> 
 <li>no tier-1 CEX listings yet</li> 
 <li>on the brink of reaching the homepage of CMC</li> 
 <li>on the verge of becoming the 10th meme coin to ever reach $1 billion</li> 
</ul> 
Yesterday, Leonidas was <a href="https://x.com/LeonidasNFT/status/1820660255329534309" rel="nofollow" target="_blank">posting</a> that every CEX must list DOG without a listing fee.

$DOG Price Up by 45% Today, Following Ordinals and Runes Upgrade

Table of Contents

crypto.ro global

Other articles published on Aug 6, 2024

Buy or Sell Signal? Ethereum Whales Purchase $340 mln of ETH

SEC Opposes Coinbase’s Document Requests in Legal Battle

Bitcoin trading volume recorded post-halving ATH as crypto market bled

Ethical hackers share tips on how to protect your crypto

Pennsylvania Professor Jeremy Siegel Urges Immediate 0.75% Rate Cut Amid Global Market Crash

Xapo Bank Unveils 1% Bitcoin Yield for UK Investors

Join our free newsletter for daily crypto updates!