$DOGS Analysis: Airdrop Ends, Token Burn Ahead - BeinCrypto Analytics
The DOGS project has finished distributing over 380 billion tokens to 20.5 million users. Now, DOGS plans a token burn, with the community voting on how many unclaimed tokens to remove from circulation. A portion of the tokens will also be donated to charity, with DOGS having already donated over $300,000.
The token has gained attention in the Telegram ecosystem, rewarding active users. With a total supply of 550 billion coins, 81.5% is allocated to the community. The upcoming token burn could boost prices and attract new investors.
Currently, DOGS trades at 0.0008717 USDT. RSI is at 53.27, signaling neutral sentiment, with a trading volume of 9.275M, indicating moderate market activity.
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