Recent airdrops on Binance have shown a common pattern: initial spikes followed by a prolonged decline. While there's no guarantee that $DOGS will follow this trend, it’s wise to exercise caution. It’s often beneficial to let a token establish a stable base price before diving in, rather than chasing the hype.
$DOGS has been distributed to 51 million participants, which could lead to significant sell-offs as people realize gains or decide to cash out when the price peaks. For comparison, the Pepe chart illustrates how crucial it is for a token to develop a stable base price. Observing such trends can provide valuable insights and help in making more informed investment decisions.
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