Unpopular places have explosive returns

1. Currently, the entire market's attention is on AI, and everyone is showcasing their AI selections, so let's not join the frenzy and talk about something less popular: the Dog in the Bitcoin ecosystem.

The market cap of Dog is currently 900 million. It has risen 4-5 times since the bottom in September.

Ordi is now at around 700-800 million. Dog has gradually stabilized its lead over Ordi.

This means that Runes are gradually replacing Brc20.

Dog has the potential to become the number one meme on BTC.

2. Let’s do a simple calculation.

Currently, Shib accounts for 3.4% of ETH's market cap.

Wif accounts for 2.7% of Solana's market cap.

We can see that the on-chain meme Dragon One accounts for about 3% of the chain's market cap.

Note that this number may increase during altcoin bull markets.

3. So, what is Dog's current market cap as a percentage of BTC's market cap?

It is 0.045%.

What if Dog reaches 1% of BTC?

Then Dog would grow 22 times.

Adding BTC's own 2 times, that would be around 45 times.

4. How does this logic sound?

It feels solid, straightforward, and simple. A few clear sentences often convey the most effective logic, much more than a pile of flashy agents, making it feel much more reassuring to a simple guy.

Is this logic guaranteed to be realized? Not necessarily; memes, of course, come with risks.

The major market may falter, new standards may defeat Runes, Dog's investors may have a limited perspective, or new targets may surpass Dog.

That's all fine; buying Dog, holding from the bottom until now, has already been done with the determination of zeroing out. Only assets with a hundredfold potential deserve to be held onto. Only simple and solid logic can ensure a peaceful sleep.