Press Release: Doge Solidifies Position in Bitcoin and Memecoin History through Acquisition of Inaugural DOGE Ordinal for 10BTC on Bitcoin News.
Ontario-based crypto firm Ordinal Dogecoin has announced the successful acquisition of the first-ever dogecoin ordinal through an OTC trade facilitated by an unnamed Bitcoin OG and OTC intermediary. The token, which solidifies the place of the $oDOGE token on the Bitcoin blockchain as well as in memecoin history, was sold for 10 BTC in $oDOGE tokens, making it the second-highest ordinal sale to date. The acquisition is expected to fuel growth and popularity of the $oDOGE token in the coming months. Ordinal Dogecoin combines conventional and smart contracts on Ethereum to create a distinctive feature coin that allows users to create non-fungible tokens on the Bitcoin network. The project has been gaining support from Bitcoin and memecoin OGs as well as blockchain influencers, with 50% of the token’s supply burnt within the first five days of launch. The $oDOGE token supply consists of 1 quadrillion $oDOG, and is fully fractionalised, wrapped and integrated on ETH Miannet as an ERC-721 or ERC-20 token. The decentralised token’s future growth is expected to benefit from upcoming partnerships and marketing plans. However, the press release warns that the information is not investment advice, financial advice or trading advice and recommends due diligence before investing in cryptocurrencies.