Since the DOGS token is about to be listed on Binance, I've been receiving multiple requests to talk about it. Here’s what you need to know:
DOGS is a TON-based token tied to a Telegram bot, and millions of people participated to receive a free airdrop. The airdrop will be distributed among 42 million participants, which is a significant number. Additionally, the DOGS token will also be available to those who participate in the #BinanceLaunchpoolDOGS.
What could be the possible listing price of DOGS?
While no one can say for certain, we can make a rough prediction. On average, coins launched through Binance's Launchpool have a market cap of $350-$500 million. If we assume DOGS launches at a $500 million market cap with a total supply of 550 billion tokens and a circulating supply of 516.75 billion tokens at launch, the estimated price could range between $0.0006 and $0.00097.
Should you buy DOGS right after the launch?
My advice is to hold off. With millions of people receiving the airdrop for free, it's likely that many will sell immediately upon launch, potentially driving down the price. It might be wiser to wait and let the market establish a more stable base price before considering a purchase.
#dogs #NEWListing #pricepridiction #Lounchpool #DOGSCommunity