With $DOGS set to debut on Binance today, August 26, 2024, at 12:00 (UTC), we’ve delved into its tokenomics to offer some predictions:
1. Initial Price Action:
Anticipate a spike to $0.001 per DOGS shortly after launch, followed by a potential price dip.
2. Liquidity Analysis:
DOGS boasts a liquidity pool of 5.45%, which is relatively high, providing better price stability.
3. Token Allocation:
Significant allocations for community airdrop (72.73%) and marketing (9.18%) are promising, but there may be risks of manipulation.
Strategy Recommendations:
1. Immediate Sales:
If possible, consider selling airdropped tokens within the first few minutes.
2. Exchange Listings:
Should DOGS appear on additional exchanges, watch for price surges and be cautious with shorting due to potential high funding rates.
3. Future Corrections:
Prepare for possible major corrections post-launch and look for opportunities to buy at lower prices before the next surge.
Remember, this is not financial advice. Always perform your own research and assess the risks involved before trading.
Share your forecasts and thoughts below!
