🚨🚨Why You Shouldn’t Rush to Sell $DOGS Immediately After Its CEX Listing🚨🚨
🚨 The meme coin $DOGS has just been officially listed on Binance, according to the latest announcement from the exchange. However, selling DOGS immediately after listing may not be the best strategy.
Typically, when projects offer free airdrops, like Notcoin (NOT) or the meme coin $DOGS , many investors rush to sell as soon as they are listed on exchanges. They assume that selling early will help them maximize the value of their free airdrop, as prices often drop by 3-5 times after listing due to the sell-off mentality of airdrop recipients. However, this strategy might not be as effective with DOGS.
Take the example of Notcoin: historical data on Binance shows that its price started at $0.00077 and then surged to $0.037, a 48-fold increase. Although the price later dropped to a low of $0.00452, it eventually recovered to around $0.01064. This means that if you had sold NOT immediately after listing, you would have missed out on significant profits.
For DOGS, the outlook could be even more optimistic than it was for NOT. Here’s why:
💥 Key Advantages of DOGS:
🟢Listed on major exchanges without disclosing tokenomics.
🟡No token lock-up or specific vesting periods, unlike traditional projects.
🟠Potential support from Durov (CEO of Telegram) and a large, community-driven ownership.
🔵However, like with NOT, DOGS might still experience a sell-off phase after its CEX listing, which is normal. To maximize profits, consider dividing your
🟣DOGS tokens received through the airdrop into three parts and selling them over 3-5 months. This approach can help you benefit from market fluctuations and avoid missing out on significant growth opportunities with this meme coin.
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