Breaking Down the $DOGS Token Situation: A Simplified Overview
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The $DOGS token is currently facing uncertainty, which might echo the trajectory of NotCoin. Here's a closer look:
1. Common Origins: $DOGS and NotCoin were both developed by the same team, raising some concerns.
2. Ongoing Investigation: Durov's investigation could potentially exacerbate the situation.
3. Market Manipulation Indicators: The same market maker is involved with both tokens, creating a pattern that looks suspicious:
- Liquidity accumulation
- Consolidation
- A pump typically occurring after one to two weeks
4. Potential Sell-Off: A sell-off might be on the horizon, possibly due to a weak market or broader strategic plans for the tokens.
Proceed with Caution
It's advised to wait for a price drop to around 0.0007 (unless Durov's situation improves and the TON ecosystem gains strength). This is a complex situation, so careful consideration is essential.
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