Dog (Bitcoin) (DOG): D-Score 50.5/100 — Moderately Decentralized BlockIndex D-Score: 50.5/100 (Moderately Decentralized). Dog (Bitcoin) (DOG) is a Layer 2 cryptocurrency using N/A consensus. Dog (Bitcoin): Bitcoin-native Runes memecoin launched via fair airdrop, fully distributed 100B supply, CC0 licensing. Source: https://blockindex.ai/coin/dog · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 50.5: Node distribution: 0: Initial distribution: 18: Governance: 21: Age and history: 9: Autonomy: 2.5: Key facts - Layer: Layer 2 - Consensus: N/A (SHA-256) - Launch: Airdrop (2024) - Founder: N/A (Community-driven) - VC funded: No - Max supply: 100,000,000,000 - Circulating: 100,000,000,000 (100.0%) Market data (as of 2026-06-19) - Price: $0 - Market cap: $60.79M - 24h volume: $910,228.09 - 24h change: -4.93% · 7d change: -1.40% About 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. Technically, 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. From 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. Governance 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. Links - Website: https://coinmarketcap.com/currencies/dog-go-to-the-moon-rune/ - Whitepaper: N/A - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore