Can the DOGS token rise to $1?

#XRP rebounds against the trend

The DOGS token is a rising star in the memecoin world, with 4.5 million wallet holders keeping an eye on it, all hoping for a significant increase. The current price is only $0.0007514, but some believe it can reach $1 each! To achieve this goal, the circulating supply of tokens must remain around 5 billion, which would give it a market cap of $50 billion. In other words, each wallet holder would need to invest an average of $11,111. This requires everyone to work together and the support of many loyal fans.

Let’s look at another set of data: if only 1% of holders (that is, 45,000 people) are willing to open their wallets, each would need to contribute $1.1 million; but if 50% of holders (2.25 million people) participate, then each only needs to contribute $22,222. This figure makes it clear that to reach this price, either there need to be many people involved, or a few big investors need to take the lead.

Back to the DOGS token, getting to $1 isn’t as simple as just saying it; it also depends on whether it can maintain its current momentum and add some practical functions. For example, being usable on the TON blockchain and having mini-apps and other fresh concepts can attract more people. Also, having a token burn mechanism would reduce the circulating tokens, making it easier to reach $1, and it would require less investment from each person.

Of course, making the $1 DOGS a reality still relies on market speculation and making sure people know DOGS isn't just a simple memecoin. It needs to align with big players like Bitcoin and Ethereum, having many users and significant influence. Additionally, practicality and application scenarios are very important to keep everyone engaged long-term, which would stabilize its valuation.

The DOGS team is also quite powerful, with continuous good news. However, it should be mentioned that memecoins carry high risks, and the market can be very volatile, so investments need to be approached with caution. Achieving this milestone will require ongoing support and active participation from everyone, along with strategic development from the team.

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