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Important Considerations for DOGS Holders After CEX Listing
The recent listing of DOGS on Binance presents an opportunity for holders to reassess their strategy. While it may be tempting to sell immediately, historical data suggests that this approach might not be optimal.
Lessons from Notcoin (NOT)
NOT's listing on Binance saw an initial surge from $0.00077 to $0.037, followed by a drop to $0.00452. Although the price has since recovered to $0.01064, early sellers missed out on significant gains.
DOGS' Unique Advantages
DOGS boasts several advantages over NOT, including:
- Listings on major exchanges without disclosed tokenomics
- No token lock-up mechanism or vesting period
- Community-driven ownership and potential support from Telegram's CEO, Durov
Strategic Selling Approach
To maximize profits, consider dividing your DOGS tokens into three parts and selling them over 3-5 months. This approach allows you to capitalize on market fluctuations and potential growth opportunities.
Remember
- Price fluctuations are normal after CEX listings
- Historical data suggests that early selling might not be the best strategy
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