Despite robust community interest, DOGS, a newly minted meme coin on the TON blockchain, has experienced a subtle downturn in value following its initial surge.
Recent weeks have seen a surge of interest in DOGS. While the coin does operate on the TON blockchain, a more precise statement would be: Initially conceived by the Telegram team, TON has rapidly evolved into one of the most highly sought-after blockchain platforms.
In a remarkable 12-month period, Ton has witnessed meteoric growth, driven by the allure of swift transaction processing, remarkably low fees, and its capacity to onboard more users than numerous other Layer-1 networks. With its connection to Telegram, it naturally inherits a substantial existing audience.
These elements clarify DOGS’ reputation. Following the arrest of Telegram CEO Pavel Durov in France on August 26, DOGS experienced an extremely turbulent Token Generation Event (TGE), during which more than 400 billion tokens were dispersed to users?
The preceding several weeks have proven to be highly significant and dynamic for DOGS token holders. Following the launch of its airdrop marketing campaign in late August, the coin’s value skyrocketed, propelling it to become one of the most sought-after newcomers in the cryptocurrency space. Despite its meteoric ascent, the phenomenon’s swift ascent was bound to give way to a precipitous downturn.
Meanwhile, another contender, PEPU, is generating buzz with a lucrative pre-sale and an upcoming listing of tradable items.
DOGS value evaluation
Dogs is currently trading at $0.00102, with a 24-hour volume of nearly $1.5 billion in buying and selling activity. The DOG token’s market value has plummeted significantly since its inception.
Following a surge in on-chain withdrawals, the value plummeted by 34% over the month and 20% in just the past week. Trading in DOGS remained erratic over the last 24 hours, fluctuating wildly between $0.0009969 and $0.001128, as the cryptocurrency’s decline persisted.
The asset plummeted to an unprecedented all-time low of $0.0009769, successfully testing support twice before firmly holding ground. The resilience suggests a possible pivot towards a more optimistic outlook. A sudden and pronounced breakout from a previously established parallel channel indicates a significant change in market momentum, hinting at the emergence of a new trend.
A newly established parallel channel has been designed, featuring a unique shape that allows for effective support and stability at lower frequencies. As Bitcoin and various meme currencies continue to decline, DOGS may experience a 6-7% downturn, consistent with typical market patterns that tend to break downwards in this manner.
While the current crisis may pose an immediate challenge, DOGS remains a significant player in the meme coin space, boasting a substantial $526 million market cap and a top-98 ranking by market capitalization.
DOGS value prediction
Looking ahead, DOGS presents opportunities for traders willing to navigate volatility and adjust to changing market conditions. With a robust market capitalization, heightened trading activity, and top-tier recognition among meme coin enthusiasts, the stage is set for sustained growth and recovery. While short-term fluctuations may present opportunities for adjustments, the overall long-term perspective remains optimistic.
Will DOGS potentially approach value territory as market trends influence its performance? Sellers seem to be reining in their pace after a drop to $0.0012, while buyers appear to be steadfastly maintaining the key support level at $0.0010. Achieving a level of proficiency above this degree is crucial for successful restoration initiatives.
If DOGS remains above $0.0010, it may aim to retest $0.0012, but a breach below $0.0010 could lead to further declines. Given current market conditions, it appears that DOGS could potentially offer valuable opportunities.
Investor interest appears intense as prices hover near recent highs, hinting at sustained upward pressure. The recent pause in the decline and the predicted 40% rebound further bolster this optimistic perspective.
Dogs boasts an abundance of liquidity, a crucial factor in fuelling value growth. With its substantial market capitalization and active trading activity, DOGS possesses ample liquidity to absorb cost fluctuations. Launched within the past month, DOGS remains in its formative stages, still establishing its foundation as a relatively new asset.
This innovation generates multiple paths for maximizing essential benefits by providing extra thoughtfulness and accelerating market uptake. Considering the technical analysis, market liquidity, and DOGS’ recent product release, its value is poised to rise further as long as positive trends and favorable market conditions persist?
As trading volumes surge for the unorthodox cryptocurrency, DOG$ face mounting strain?
While attention remains fixated on DOGS, a lesser-known cryptocurrency, Pepe Unchained, is steadily accumulating momentum in its own right. This newly minted frog-themed token on the Ethereum blockchain has already generated a remarkable $12.3 million in funding, solidifying its position among the burgeoning cohort of successful crypto ventures.
Presales remain robust, as investors pour in over $80,000 in whale-sized transactions, driving momentum for $PEPU’s impressive growth. Amidst the swirling cryptocurrency storm, a peculiar phenomenon has caught the attention of crypto’s influential whales: Pepe Unchained. Despite its unassuming appearance, the venture possesses exceptional proficiency.
This innovative characteristic is a proprietary Layer-2 blockchain dubbed the “Pepe Chain,” touted to operate at speeds up to 100 times faster than its Ethereum counterpart. This enables expedited transactions, reduces fees, and minimizes community bottlenecks.
The project’s developers are introducing a novel “double-staking” mechanism, which promises an impressive annual yield of 165%, piquing the interest of many traders. As of now, a staggering 970 million $PEPU tokens have already been staked, indicating unwavering faith in the project’s success.
With Pepe Unchained’s unique community-driven tokenomics approach, the project takes on a far more captivating dynamic. With no specific apportionments for individual revenue generation or developer teams, 20% of tokens are allocated for marketing purposes to enhance brand awareness and recognition.
Withstanding rigorous scrutiny from esteemed auditors Coinsult and SolidProof, the $PEPU smart contract has successfully passed two comprehensive safety audits, revealing no centralized risks or exploitable weaknesses.
While it may seem like a bargain, investors are advised to consider the potential long-term growth prospects before purchasing shares in $PEPU at this reduced price point. To stay current, monitor the venture’s developments closely.
To participate in the PEPU token presale, visit
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