đš Telegramâs $DOGS Takes a Hit After Airdrop â Is It the Binance Launchpool Curse? đš
After a massive $550 million airdrop, Telegram-linked $DOGS has plunged 30%, raising concerns about a Binance Launchpool curse. On August 30th, $DOGS hit a low of $0.00128, down from its debut peak of $0.00180 just four days ago. Despite this drop, $DOGS is still up 135% from its initial low.
đ **Is There Hope for $DOGS?**
The memecoin's current consolidation suggests that some airdrop beneficiaries are holding rather than selling, reflecting a potentially bullish sentiment in the crypto market. This behavior hints at the possibility of future gains if the market remains optimistic.
â ïž **Watch Out for the Binance Launchpool Curse!**
Historically, tokens listed on Binance Launchpool have faced sharp declines post-launch. For example, $SUI fell 35% after its inclusion. It's crucial for $DOGS to maintain its support level of $0.00119 to avoid further declines.
Stay tuned and tread carefully in this volatile memecoin market! đđ
#DOGSONBINANCE #BNBChainMemecoins #PowellAtJacksonHole #CryptoMarketMoves #TelegramCEO