$DOGS

Latest information on DOGS coin:

• Price and market performance:

• According to data from CoinMarketCap, DOGS coin has decreased by 10.62% in the last 24 hours, currently priced at $0.0005988.

• Data from another day shows that DOGS coin has increased by 6.15% in 24 hours, currently priced at $0.00069.

• Technical outlook and predictions:

• Analyst Captain Faibik predicts that DOGS is likely to rise by 40%, as DOGS is breaking out of a descending wedge on the hourly timeframe chart, which is often seen as a bullish indicator.

• Whale trades and open contracts:

• Whale trades (over $100,000) have significantly decreased in recent days, dropping from 244 trades on August 27 to 64 trades, which may indicate a cooling interest from large investors.

• Community and user engagement:

• Official DOGS data shows that 43 million users are eligible to receive airdrops, with over 8 million verified users requesting to have DOGS directly deposited into exchanges and Telegram wallets, demonstrating a wide user base and high community activity for DOGS.

• Token burn and distribution:

• The DOGS community has voted to allocate $15 million worth of DOGS tokens for charitable donations, future project development, and token burning, totaling 3.2% of the total token supply.

• Market capitalization expectations:

• With the announcement of the DOGS token plan, mainstream exchanges quickly launched pre-market trading for DOGS, with OKX's pre-market price indicating that DOGS market capitalization could reach $1.76 billion, potentially surpassing the market capitalization of Notcoin at its initial launch, and may allow DOGS to directly enter the top 50 of cryptocurrency market capitalization.

• DOGS token economics:

• The total supply of DOGS is 550,000,000,000 tokens, of which 81.5% is owned by the community (with no lock-up), 73% is owned by Telegram OGs who earned DOGS in the app; the remainder is used to reward traders, creators, and future community members; 10% is allocated to the team and future development; 8.5% is reserved for liquidity on CEX and DEX and listing-related activities.

This information provides the latest dynamics and market performance of DOGS coin, showing the latest progress of DOGS in community engagement, market predictions, and market capitalization potential.