Bitcoin Ordinals developer has requested that meme coin DOG•GO•TO•THE•MOON (DOG) be listed on Binance. However, the request comes with some notable caveats for the exchange.
This special call attracted market interest with the support of the DOG community. In particular, the 62% increase in the price of DOG in the last seven days strengthened the listing desire. Here are the developments behind this demand.
Developer: "Binance Should Go to the Moon with Coin"
Bitcoin Ordinals supporter and host of The Ordinal Show, Leonidas, shared a post on the X platform asking Binance to list DOG-GO-TO-THE-MOON. Leonidas emphasized that this token is the most valuable meme coin on the Bitcoin network.
Developed via the Ordinals and Runes protocol, the coin makes it easy to mint tokens that are fungible on top of Bitcoin. However, Leonidas’ request contained “wise advice” for Binance.
“If you want to list DOG as the#1meme coin on Bitcoin, we would love to do so. However, we will not pay listing fees or provide a market maker. If you do not list DOG, we will explain to your users why you only listed institutional testnet meme coins that have been declining this month,” Leonidas said.
DOG’s Price and Market Sentiment$DOGE
Currently, DOG is priced at around $0.0040. While it has fallen by 5% in the last 24 hours, it represents a total increase of 62% in the last week. This rise has also positively affected the sentiment around Bitcoin-based meme coins. The increase in online cryptocurrency commentary suggests that this positive sentiment may be sustainable. Another X user noted that DOG’s market value could soon exceed $400 million.
“The next big DOG candle could push DOG•GO•TO•THE•MOON to a $750 million market cap,” said pseudonymous user MadPunk.
DOG Price Forecast: 84% Increase Possible
Daily chart analysis shows that DOG traded inside a falling triangle between the first week of July and September 20. This limited movement prevented DOG’s price from reaching $0.0098. However, at the time of writing, the meme coin managed to break above the triangle and this breakout took DOG to $0.0042 over the weekend.
However, the price later dropped to $0.0040. Although the Fibonacci retracement indicator predicts that the token’s price could drop to $0.0037, the bulls may prevent it from falling below that. If that happens, DOG’s price could surge. Especially if the Binance listing happens, the price could rise to $0.0067. However, if Binance turns a deaf ear to this ambitious demand, the meme coin’s value could drop to $0.0018.
