$DOGS
A lot of beginners don’t realize that the price of Dogs tokens in Telegram-based projects can be highly influenced by liquidity. Liquidity pools are like vaults where people lock up tokens to make trading smoother. When there’s not much liquidity, even small buys or sells can make the price move a lot. But when there's plenty of liquidity, you’ll need way more activity to see a change in price. Keeping an eye on how deep these pools are can help you spot opportunities or risks before they become obvious to other traders.
Also, one feature that sets many dog-related tokens apart is something called a “burn.” This is when some of the tokens are removed from circulation, making the rest of the supply more valuable. If you hear about an upcoming burn, it could mean prices will jump because there will be fewer tokens to go around. Some tokens even burn a bit with every trade, so their supply shrinks all the time. By following how often these burns happen, you can spot times when the token might become more scarce and, in turn, more valuable.
Dogs is a meme coin project that started in the Telegram community and recently concluded its Binance Launchpool campaign. Fittingly, the DOGS token is issued as a token (Jetton) on the TON Blockchain. The project itself has an ambitious goal of creating the largest meme coin community in the world by tapping into Telegram's vast userbase. At the time of writing this article, the official Dogs Telegram channel has over 16 million subscribers. According to the Dogs project, community distribution and fair distribution of rewards are the pillars of the Dogs meme coin.
