DOGS Meme Coin Ready for a Major Price Rally?
Exploring the $DOGS Token Unlock Plan and Distribution
The upcoming token unlock for DOGS is scheduled to begin on 1 September 2024 and will continue until 1 September 2025. With a substantial total supply of 550 billion tokens, the distribution strategy is divided into six key areas to fuel the project's growth:
72.74% of the supply is reserved for a community airdrop, highlighting the project's focus on widespread adoption.
9.18% is allocated for marketing, ensuring visibility and outreach.
5.45% will be used for maintaining liquidity, supporting trading and exchange stability.
5.36% is held in team reserves, backing long-term project development.
4% is dedicated to the Binance Launchpad, a key step in securing a major listing.
3.27% goes to advisory for strategic guidance and partnerships.
This structured allocation reflects strong foundational planning, pointing to long-term growth prospects. Thinking about investing in DOGS? Let’s dig into the market signals and future projections for this popular memecoin.
DOGS Token Performance: What's Happening Now?
Since its debut, DOGS has quickly attracted attention in the crypto market. Over the last two days, despite broader market uncertainties, the token has gained more than 7%, bringing its market cap to an impressive $541.6 million. This surge has solidified DOGS as the 3rd largest token in the Toncoin ecosystem.
From a technical analysis standpoint, the Relative Strength Index (RSI) is currently showing signs of weakness, pointing to increased selling activity. However, the MACD (Moving Average Convergence Divergence) remains positive, with upward momentum continuing and the price chart maintaining a bullish trajectory.
As the DOGS token unlock unfolds, it’s shaping up to be a thrilling journey. Will the meme coin boom, or is the market in for a surprise? It’s certainly a project to keep on your radar as the next big price action approaches. $DOGS $TON
