Bitcoin's DOG Meme Cryptocurrency Moves to Solana Network
- DOG Expands to Solana with New Bi-Directional Bridge.
- Initiative seeks to increase accessibility of the Bitcoin-based token DOG•GO•TO•THE•MOON.
The meme cryptocurrency DOG, which until now operated exclusively on the Bitcoin network, has announced a significant network change, now also adopting the Solana platform. This transition was made possible by a bidirectional bridge developed by Mine Labs, which was launched this week. At the time of publication, the price of DOG was quoted at US$0,002788, up 1% in the last 24 hours.
The innovation allows Solana users to trade wrapped DOG tokens, which represent original DOG coins held on the Bitcoin primary network. The move comes amid a period of low activity in the Bitcoin meme coin market, raising questions about potential recovery strategies for the ecosystem.
I AM SO EXCITED TO ANNOUNCE THAT THE #1 BITCOIN MEMECOIN $DOG IS COMING TO SOLANA TOMORROW AT 10AM ET!!!!!
YOU WILL BE ABLE TO TRADE $DOG AT SPEEDS AS FAST AS 400 MILLISECONDS WITH TXN FEES AS LITTLE AS LESS THAN A PENNY
$DOG CONNECTION BETWEEN BITCOIN AND SOLANA WILL BE SEAMLESS
I AM VERY EXCITED TO ANNOUNCE THAT THE #1 BITCOIN MEMECOIN $DOGS WILL BE COMING TO SOLANA TOMORROW AT 10AM ET!!!!!
YOU WILL BE ABLE TO TRADE $DOGS AT LIGHTNING FAST 400 MILLISECOND SPEEDS WITH TXN FEES OF LESS THAN A PENNY
BRIDGING $DOGS BETWEEN BITCOIN AND SOLANA WILL BE SEAMLESS pic.twitter.com/sYpccktP6U
— Leonidas 🧡 $DOG (@LeonidasNFT) February 18, 2025
Challenging the notion that such an expansion would represent a capitulation, Leonidas, DOG’s pseudonymous creator, argues that the move is aimed at broadening the token’s reach and accessibility. “This puts DOG buy buttons in front of more people,” Leonidas said. He added: “BTC didn’t become a $2 trillion asset by getting people to download a Bitcoin wallet. DOG is just following in BTC’s footsteps.”
The integration with Solana not only represents a technical advancement, but also a response to the changing landscape of exchange platforms and DeFi applications, which are shifting to emerging networks like Solana, previously dominated by large exchanges like Coinbase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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