DOGS Meme Coin Ready for a Major Price Rally? Exploring the $DOGS Token Unlock Plan and Distribution
The DOGS token unlock is set to begin on 1 September 2024 and continue until 1 September 2025. With a total supply of 550 billion tokens, the distribution strategy is designed to support the projectâs growth across six key areas:
- 72.74% of the supply is reserved for a community airdrop, emphasizing DOGS' focus on widespread adoption.
- 9.18% is allocated for marketing to boost visibility and outreach.
- 5.45% is designated for liquidity, ensuring stability in trading and exchanges.
- 5.36% is held in team reserves to support long-term development.
- 4% is set aside for the Binance Launchpad, a strategic step towards securing a major listing.
- 3.27% is allocated for advisory services, guiding strategic partnerships and decisions.
This structured distribution highlights strong planning and a commitment to long-term growth, making DOGS an intriguing project for potential investors. Letâs dive into the market signals and future projections for this popular memecoin.
DOGS Token Performance: What's Happening Now?
Since its debut, DOGS has quickly gained traction in the crypto market. Over the last two days, the token has risen by more than 7%, pushing its market cap to $541.6 million, solidifying its position as the 3rd largest token in the Toncoin ecosystem.
Technically, the Relative Strength Index (RSI) shows signs of weakness, suggesting increased selling activity. However, the MACD (Moving Average Convergence Divergence) remains positive, with continued upward momentum and a bullish price trajectory.
As the DOGS token unlock continues, itâs set to be an exciting journey. Will this memecoin boom, or is the market in for a surprise? Keep DOGS on your radar as it approaches its next big price action. $DOGS $TON
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