Bitcoin is on a strong upswing after a period of sideways movement. This is due to inflows into Bitcoin ETFs, which are absorbing a lot of the supply. The price will likely see a squeeze soon, and a Trump victory could push it above $100,000. Bitcoin Dogs, a meme coin, has seen a lot of interest as investors look for higher beta BTC plays, with the launch of its Telegram game going viral.
As the bull market progresses, Bitcoin meme coins are expected to experience their first speculative frenzy, with Bitcoin Dogs as a potential frontrunner.