What is DOG•GO•TO•THE•MOON and How to Borrow BTC Against It?

In the wild world of crypto, where every day feels like a new meme adventure, one project has captured the hearts of both dog lovers and Bitcoin enthusiasts: DOG•GO•TO•THE•MOON. It's got everything you’d want in a cryptocurrency—meme-worthy charm, cutting-edge tech, and a knack for going viral.

But what exactly is DOG•GO•TO•THE•MOON, and how can you use it to borrow Bitcoin without barking up the wrong financial tree? Here are the details.

What is Ordinals and Runes Protocol?

Before we dive into DOG, let’s sniff around the tech behind it: Ordinals and Runes.

1. Ordinals Protocol
   Think of Ordinals as Bitcoin’s way of saying, “Why should Ethereum have all the NFT fun?” It lets you inscribe digital art, music, or text directly onto Bitcoin. Now, every Satoshi can become a little masterpiece. Imagine a museum where each exhibit is on a grain of sand—that’s Ordinals​​.

2. Runes Protocol
   Runes take things a step further. They let you create fungible tokens on Bitcoin—like coins but cooler. It builds on the UTXO model of Bitcoin, ensuring efficient token management by reducing "junk" UTXOs. This allows users to mint and manage tokens on Bitcoin with lower fees and less network congestion.

What is DOG•GO•TO•THE•MOON?

A Star is Born

Launched during the April 2024 Bitcoin halving, DOG dropped with a total supply of 100 billion tokens. But instead of making insiders rich, every single DOG was airdropped to Runestone Ordinals holders.

Runestone Airdrop

The Runestone Ordinals Project, created by the anonymous influencer Leonidas, distributed 112,383 inscriptions to wallets that held at least three inscriptions, rewarding early supporters of the Ordinals movement.

The Runestone project involved the creation of a "parent inscription" that was sent to a wallet believed to belong to Satoshi Nakamoto, the pseudonymous creator of Bitcoin. This strategic move symbolically "burned" the parent inscription, preserving the integrity of the Runestone collection and preventing further modifications.

DOG•GO•TO•THE•MOON

During the significant event of the Bitcoin halving, DOG emerged, securing “Rune #3” and signaling a new era in meme cryptocurrencies. Within just 24 hours of its launch, $DOG achieved a market capitalization of half a billion dollars, a testament to its immediate impact and future potential.

$DOG promotes a transparent and equitable approach to cryptocurrency distribution, manifesting the ideals of fairness that are often sought but rarely achieved in the crypto world.

• No Presale

• No Team Allocation

• No Insiders

• No Paid KOLs or Promotions

• No Favoritism for Whales

• 100% Distributed Free and Fair

• 100% Circulating Supply

• No Payments for CEX Listings or Market Makers

DOG’s commitment to fairness and community vibes has earned it a top spot in the memecoin hall of fame.

How to Borrow BTC Against DOG and Runestone on Liquidium

Selling your precious DOG tokens? Not an option. But what if you need liquidity? That’s where Liquidium comes in, letting you borrow BTC while holding onto your DOG tokens. You can also borrow BTC against Runestone on Liquidium. Here’s how (using DOG as an example):

1. Find the DOG Collection

• Head to Liquidium’s Borrow page.

• Find the DOG•GO•TO•THE•MOON and select your tokens as collateral​​.

2. Review Loan Terms

• Check the Loan-to-Value (LTV) ratio and interest rates.

• Make sure the terms don’t feel like a leash around your finances​​.

3. Set Transaction Speed

• Choose how fast you want the transaction (low, medium, or high).

• Confirm in your wallet. The faster the fee, the quicker the treats (BTC) arrive​​.

4. Lender Countersigns

• The lender reviews and signs off on your request. Your DOG tokens get locked up, and the BTC loan is sent to you​​. For more information about the technical mechanism and security method of Liquidium, please check this article: How Does Liquidium Ensure the Secuirty of Your Funds?

5. Manage Your Loan Like a Responsible Owner

• Track your loan on Liquidium’s Portfolio page.

• Repay on time to reclaim your DOG tokens. If you default, the lender gets to adopt them instead.

DOG•GO•TO•THE•MOON: The Meme That Keeps Giving

DOG•GO•TO•THE•MOON is more than a memecoin; it’s a statement. It’s proof that crypto doesn’t have to be all charts and jargon—it can be fun, fair, and community-driven.

Thanks to platforms like Liquidium, DOG holders can access liquidity while holding on to their moonshot dreams.