DOGS Token
DOGS is a dog-themed meme coin on the TON blockchain, designed to integrate with Telegram. It is inspired by the meme character âSpottyâ created by Telegram founder Pavel Durov. The token aims to build a community within Telegram and popularise the meme token.
anticipation of the DOGS listing, traders have already started speculating on potential price predictions for the DOGS token. The majority agree to set the fully diluted valuation (FDV) near the $1 billion threshold. Incidentally, Notcoin reached a similar value in May 2024 when the project was launched. There are several scenarios for the price fluctuation of the DOGS token in 2024. If the meme token is listed with an initial FDV of $1 billion, the price of the DOGS token will be about $0.00018 with a total supply of 550 billion. In the worst-case scenario, with an FDV of $500 million, the price of the DOGS token will drop to $0.0001.
The future of the DOGS token looks promising but is speculative as it will be driven by community engagement, market sentiment, and potential usefulness within the Telegram community. Analysts expect significant volatility in the first few days of trading, with initial projections calling for an opening price of around $0.00055. According to predictions, $DOGS may reach a high of around $0.00825 before stabilizing around $0.0020625 as the market matures. The tokenâs unique position as a meme cryptocurrency coupled with a large community and its innovative tokenomics contribute to the overall bullish forecast. However, there are still inherent risks associated with meme coins.
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