đšđ„ A massive price surge for DOGS meme coin could be just around the corner! đđ
#DOGS Token Unlocks, Allocation, and Schedule
According to recent reports, the unlocking of $DOGS tokens will occur over a year, from September 1, 2024, to September 1, 2025. Out of the total supply of 550 billion tokens, the distribution is divided into six categories. The largest portion, 72.74%, is reserved for community airdrops, followed by 9.18% for marketing. The project will hold 5.45% for liquidity, with 5.36% set aside for team reserves. Binance Launchpad has received 4%, and 3.27% is allocated to the advisory group.
These allocations signal solid fundamentals, hinting at a promising future for the project. Interested in investing but unsure about its short-term potential? Stay tuned for the latest trends and insights on DOGS price movements.
DOGS (DOGS) Price Performance:
Since its launch, DOGS has captured significant attention. Despite market volatility, the meme coin has risen by over 7% in the last 48 hours. With a market cap of $541.6 million, it now ranks 3rd in the Toncoin ecosystem.
The Relative Strength Index (RSI) shows a sharp decline on the price chart, signaling growing selling pressure in the short term. However, the MACD indicator presents a continuous green histogram, while the averages point to a steady price rise.
Will DOGS Prices Rise?
If the bulls manage to break the resistance trendline, DOGS could aim to reach the resistance level of $0.001145. Should the bullish momentum persist, the price may target the upper resistance of $0.001355. On the downside, if bears take control, DOGS could fall to its key support level of $0.0009291 this month.