CryptoDogs are one-of-a-kind, unique canines that you can own and share with the world. These dogs are generated as non-fungible tokens (NFTs), so they can’t be replicated, stolen or destroyed. They are also backed by blockchain, so you can prove that you own a particular dog. These features make cryptodogs very collectible.
In addition to collecting and trading cryptodogs, you can also breed them to unlock new pups with unique attributes. This makes it possible to build a very rare collection of dogs that are truly one-of-a-kind. Each dog has a different rarity level, and the higher the rarity level the more valuable it is. There are currently about 50 legendary dogs, 750 rare dogs, and 20 uncommon dogs.
FlokiShibaDoge, a new meme coin based on the Ethereum blockchain, is attempting to break up the online rivalry between Dogecoin, Shiba Inu and Floki by uniting their communities in a single canine-themed cryptocurrency. As a result, the price of FlokiShibaDoge has seen a spike this week, making it a good opportunity to join the cryptodog party and get in on some Christmas cheer.
The popularity of CryptoKitties has inspired many knock-off games, but none have garnered as much attention as a dog-focused knock-off that’s just hit the Chinese market. Baidu, the giant tech company owned by Google’s parent company, has launched a crypto-dog version of the smash-hit game that uses its own blockchain alternative called Achain. Similar to CryptoKitties, Baidu’s dog-focused copycat lets users purchase, trade and breed virtual canines that are valued in the game’s native cryptocurrency, Achain’s ACT.
A popular feature of the fanciful dog-themed crypto is its embrace of online pseudonymity, with the team behind the project stating that it’s a core value in a society where people should be free to express themselves without fear of persecution or censorship. The Dog’s embrace of online pseudonymity has also made him a staple on Crypto Twitter, where his market analysis and apt observations have gained increasing traction in the community.
In 2021, the Dog’s Twitter following grew by almost 1 million followers, and while his audience has certainly benefited from Bitcoin’s resurgence this year, it seems that The Crypto Dog’s wit and market expertise is more in demand than ever. The sunglasses-clad canine has a reputation for being unflappable during market corrections, and his apt observations are proving highly relevant for digital asset traders as they brace for more bearish price action in the weeks ahead. cryptodogs