Dog (Bitcoin)

Known for short as DOG, this rune is a meme token created on the Bitcoin mainnet with the Runes protocol. Runes is a standard that enables fungible tokens to be issued on Bitcoin and keeps their data within Bitcoin's UTXO structure. DOG's supply was given via airdrop to holders of Runestone, an inscription collection distributed to early users of the Ordinals ecosystem; the project emphasizes that no share was set aside for the team.

DOG has no function such as governance, staking or fees; it is positioned as a community-driven meme asset, and its visual assets are shared under an open license that allows them to be used freely. DOG transfers on Bitcoin require transaction fees paid in BTC. The token has also been moved to Solana and Starknet via bridges; the versions on these networks depend on the security of the bridge infrastructure.

The DOG price is sensitive to Runes and Ordinals activity on Bitcoin, the level of Bitcoin transaction fees, general appetite for meme tokens and exchange listings. Lzzo.com shows DefiLlama's US dollar reference price for this asset; the series in the chart also comes from the same source.