Could $DOGS be the next $NOT ? đ¶đ
The $TON ecosystem's newest meme coin, $DOGS, is making waves with its impressive launch and early performance. With an initial market cap of $700 million and a total supply of 550 billion tokens, DOGS has shown significant bullishness, averaging over 1.7 billion in volume in just 24 hours.
Key factors to consider:
- Technical analysis: While it experienced a post-launch sell-off, DOGS has been ranging between 0.0018 and 0.0010. Massive price moves are expected following Pavel Durov's release from custody.
- Sentimental analysis: DOGS shares similarities with $NOT, the first meme token on TON. Its strong whale support and promotion by other TON tokens are promising signs.
- Durov's backing: The support of Telegram's CEO and founder, Pavel Durov, is a major catalyst for potential growth.
Will DOGS follow in $NOT's footsteps and become a major player in the TON ecosystem? Time will tell, but the early indicators are certainly promising.
