{
  "url": "https://blockindex.ai/coin/dog",
  "name": "Dog (Bitcoin)",
  "links": {
    "github": null,
    "website": "https://coinmarketcap.com/currencies/dog-go-to-the-moon-rune/",
    "whitepaper": null
  },
  "dScore": 50.5,
  "market": {
    "priceUsd": 0.000607889197904428,
    "marketCapUsd": 60788919.79044276,
    "volume24hUsd": 910228.09440137,
    "priceChange7dPct": -1.3956765,
    "priceChange24hPct": -4.93051259
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 100000000000,
    "circulating": 100000000000,
    "circulatingPct": 100
  },
  "ticker": "DOG",
  "founder": "N/A (Community-driven)",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:25.124706+00:00",
  "fairLaunch": false,
  "launchYear": 2024,
  "description": "Dog (Bitcoin) (DOG) is a community-first memecoin implemented as a Runes token on Bitcoin Layer 1. Conceived and launched in early 2024, DOG was distributed through a permissionless and open-source airdrop targeted at early adopters of the Ordinals protocol. The project emphasizes maximal decentralization: documentation and market snapshots included with this task indicate a CC0-style public-domain approach, no team allocation or pre-mine, and no formal treasury or corporate entity recorded in the supplied materials. DOG’s public narrative centers on demonstrating Bitcoin-native tokenization at scale while keeping settlement on Bitcoin’s secure L1 UTXO ledger and minimizing on-chain footprint through the Runes convention.\n\nTechnically, DOG is not an independent blockchain but a native-token convention residing on Bitcoin’s Layer 1. As such, it inherits Bitcoin’s UTXO model, SHA-256 proof-of-work security, and the immutability characteristics of Bitcoin block settlement. The asset uses the Runes convention (a Bitcoin-native token mapping) rather than an EVM-compatible smart contract standard, and therefore typical smart-contract level telemetry (on-chain contract bytecode, staking, or validator sets) is not applicable in the way it would be for ERC-20 or other contract-native tokens. The supplied materials do not list programming languages, a canonical GitHub repository, or a formal developer roadmap; they do, however, emphasize open-source distribution and community-led maintenance under a CC0-like license.\n\nFrom an economic and market perspective, DOG was issued with a fixed and fully-distributed supply: the sources report a max supply of 100,000,000,000 DOG and a circulating supply equal to that max (100%). The distribution mechanism is documented as a fair airdrop with no team allocation, and the pipeline extraction explicitly states a lack of pre-mine or developer fund. Price snapshots from CoinMarketCap and related datasets included in the supplied files show active market engagement: a recent sampled price of $0.000951, a recorded all-time high of $0.009947 on December 11, 2024, an all-time low recorded on December 20, 2025 at $0.0009198, and on the snapshot a market capitalization of roughly $95.06M and 24-hour volume of approximately $3.21M. The token has measurable holder counts (reported ~10.17K holders) and decentralized distribution characteristics that reduce concentrated insider risk at issuance.\n\nGovernance and organizationally, the supplied materials present DOG as permissionless and community-driven without a named founding team, corporate registration, or on-chain DAO governance model. The extraction documents no CEO, no registered company or foundation, no treasury under community governance, and no VC funding. From a risk and security standpoint there are no documented chain freezes, major hacks, or governance-enforced halts reported in the provided files; the token’s security posture is primarily a function of Bitcoin L1’s security properties. Future development, integrations, and formal governance remain underspecified in the supplied dataset; the project’s available public footprint—listings on market aggregators and DEX-mode links—suggests market visibility rather than an institutionalized governance roadmap.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "BTC"
  },
  "dScoreComponents": {
    "autonomy": 2.5,
    "ageHistory": 9,
    "governance": 21,
    "nodeDistribution": 0,
    "initialDistribution": 18
  },
  "decentralizationVerdict": "Moderately Decentralized"
}