The $DOGS meme coin has experienced a dramatic 39% price drop within 24 hours of its listing on major exchanges like Binance, OKX, and Bybit, falling from $0.001856 to $0.001129. This unexpected decline has left many investors stunned.
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"*Critical Moment for $DOGS*
The $DOGS meme coin has experienced a dramatic 39% price drop within 24 hours of its listing on major exchanges like Binance, OKX, and Bybit, falling from $0.001856 to $0.001129. This unexpected decline has left many investors stunned.
Initial Success and Subsequent Price Drop
Launched on International Dog Day, $DOGS initially garnered significant attention. However, the release of over 502 billion DOGS tokens into the market led to a surge in supply, driving the price down. Despite high trading volumes exceeding $2.17 billion, the price failed to rise as anticipated.
Market Sentiment and Price Projections
Some analysts predict a further 20% price drop, potentially reaching $0.0009. However, if DOGS maintain a price above $0.001, there may still be hope for a recovery. Potential targets for a rebound include $0.0032 and $0.005.
Key Developments and Future Outlook
Recent news regarding Pavel Durov's involvement may impact the market. The next few days will be crucial for $DOGS, and investors will be closely monitoring the token's performance. Let's keep the momentum going and create more engaging content! Cast your vote and support us!
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