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DOGS Market Cap: $DOGS to Cross $500 Million On Listing Post 20th Aug?

DOGS market cap is a key measure of its value. With an anticipated initial DOGS market cap of $500 million and a total supply of tokens, each DOGS token is projected to have a value of approximately $0.0009.

In the fast-paced world of cryptocurrencies, $DOGS has emerged as a notable memecoin, capturing significant interest with its upcoming airdrop listing. As anticipation builds, understanding the DOGS market cap and price expectations becomes crucial for both early adopters and potential investors. This article provides a detailed breakdown of DOGS’ token distribution, its initial price predictions, and what market trends might look like in the days following its listing. By examining these factors, investors can gain valuable insights into the potential value and DOGS market cap in the cryptocurrency market.

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DOGS Market Cap: $DOGS to Cross $500 Million On Listing Post 20th Aug? 5

DOGS Market Cap

The DOGS market cap is an important indicator of its value. The expected initial market capitalization of $500 million, combined with the total supply, suggests a potential value of around $0.0009 per DOGS token.

Here’s how the token distribution breaks down:

– 81.5% to the Community: Most of the DOGS tokens are dedicated to the community. This includes 73% for early Telegram users who earned DOGS through the app. The remaining 8.5% will be used for rewarding traders, sticker creators, and future community members.

– 10% for the Team: A portion of the tokens, 10%, is reserved for the team and future development of the project. This part is locked up and will be released gradually over a 12-month period.

– 8.5% for Liquidity and Listings: The last 8.5% is set aside for ensuring liquidity on centralized and decentralized exchanges and for covering listing-related expenses.

The total supply of DOGS is 550 billion tokens.

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DOGS Market Cap: $DOGS to Cross $500 Million On Listing Post 20th Aug? 6

DOGS to Launch on Bybit, Bitget & Gate.io

The crypto world is excited as DOGS will be listed on major exchanges. This includes exchanges like Bybit, Bitget, and Gate.io on August 20, 2024, at 12:00 UTC. This is creating a lot of interest in meme coins.

Bitget is getting ready to add $DOGS to its Spot trading platform. This shows Bitget’s commitment to offering the latest trending tokens and attracting new traders.

The DOGS project, built on the TON blockchain, has gone viral and become one of the most popular mini-apps in the TON ecosystem. It’s quickly rising as a leading player in the tap-to-earn market, competing with other memecoins like Hamster Kombat.

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DOGS Market Cap: $DOGS to Cross $500 Million On Listing Post 20th Aug? 7

DOGS’ official Telegram group has exploded with activity, gaining 80% more users overnight and reaching over 1.7 million active players. This growth highlights the success of its viral marketing efforts.

OKX also announced that $DOGS will be listed for spot trading and pre-market futures starting August 14. Deposits opened at 9:00 am UTC, with a call auction scheduled for August 20, 2024, between 11:00 am and 12:00 pm UTC.

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DOGS Market Cap: $DOGS to Cross $500 Million On Listing Post 20th Aug? 8

As $DOGS gains traction on Bybit, Bitget, and Gate.io, there’s speculation about whether Binance will list it too. Although Binance hasn’t announced any plans yet, many in the crypto community are hopeful for a future listing.

DOGS Token Price Bybit Expectations

As $DOGS gains attention with the news of its upcoming airdrop listing, analysts predict an initial price of around $0.00055 per token. This starting price is designed to be accessible for early adopters and reflects what the token is expected to achieve.

In the early stages of the listing, $DOGS might experience a lot of price fluctuations. If the token performs well, its value could rise to $0.00825, which would be a 15-fold increase from the starting price.

However, it’s also possible that after an initial surge, $DOGS might see a price correction. This could bring the price down to about $0.0004125. Such a decrease, representing roughly a 25% drop from the peak, is common in the volatile world of cryptocurrencies. This drop could be when early investors decide to take their profits.

If this predicted dip occurs, market watchers believe $DOGS could eventually settle at a new average price of around $0.0020625. This price still represents a significant gain compared to the initial offering and might attract new investors who missed out at the beginning.

For the latest DOGS token price Bybit, keep an eye on their trading platform as it will provide real-time updates on the market value of $DOGS.

Also Read:- DOGS Airdrop Checklist: Beware! One Mistake & Loose $DOGS

Disclaimer

The content presented here may express the author’s personal opinions and is subject to change based on market conditions. It is crucial to conduct your own market research before investing in any cryptocurrency. Neither the author nor this publication assumes any responsibility for any financial losses you may incur.