Today, August 26th, at 12:00 pm UTC, the Telegram $DOGS token will be listed on all major exchanges.
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With the current excitement and momentum surrounding DOGS, a market capitalization between $800 million and $1 billion seems feasible. Hereās how that could translate to potential price ranges:
1. Market Cap of $800 Million
- Price Calculation:
Price = Market Cap / Total Supply = 800,000,000 / 550,000,000,000 = $0.00145
2. Market Cap of $1 Billion
- Price Calculation:
Price = Market Cap / Total Supply = 1,000,000,000 / 550,000,000,000 = $0.00182
Could DOGS List at $0.01?
Given the current hype and market conditions, there's a scenario where the DOGS token could reach or even debut at a price of $0.01. If listed at this price, the market capitalization would be calculated as follows:
- Market Cap Calculation:
Market Cap = Price Ć Initial Circulating Supply = 0.01 Ć 516,750,000,000 = $5,167,500,000
- Initial Market Cap at $0.01 Listing Price: $5.17 billion
Price Prediction Scenarios After Listing
If DOGS manages to maintain or increase its market cap after listing, further price appreciation could occur. Sustaining this upward momentum will depend on factors such as market sentiment, community engagement, and overall trends in the cryptocurrency market.
- If the market cap rises to $6 billion: The price could potentially increase to around $0.0116.
- If the market cap experiences a correction: The price might drop below $0.01, depending on the severity of the sell-off and prevailing market conditions.
A listing price of $0.01 on Binance would give DOGS a starting market cap of roughly $5.17 billion. To achieve and sustain this price, it would require strong community backing, favorable market conditions, and ample liquidity on Binance. While a $0.01 price target is ambitious, it remains a possibility given the current buzz around DOGS.#BinanceLaunchpoolDOGS #TelegramCEO
