DOGS Token Price Prediction: Will it Reach $0.03 by 2024?

Current Price: $0.00125

Expected Price by 2024: $0.03

Circulating Supply: 516.75B

Total/Maximum Supply: 550B

Market Dominance: 0.0292%

Market Cap: $687M

The launch of DOGS, a new meme coin backed by DWF Labs, has generated significant buzz. With a trading volume of $415 million and a market cap of $645 million within just over an hour, it's clear that this coin is one to watch.

However, given its already high market cap, I believe the potential for a 10x price increase is limited. Here's what I expect:

- Initial price drop due to airdropped token sell-offs

- Price stabilization and eventual rise

- Retail volume impact yet to be seen, with the market currently in "summer mode"

Recommendations:

- Wait for price consolidation and increased retail volume before considering a purchase

- Keep an eye on the gradual release of claim functionality for airdropped tokens, which could stabilize the price

Stay cautious and informed! #mememcoinseason2024 #DOGSONBINANCE #TelegramCEO #Launchpool $DOGS #BNBChainMemecoins #BinanceBlockchainWeek