🚨 NEXT FEW HOURS WILL DECIDE $DOGS DIRECTION🚨

The $DOGS meme coin experienced a significant 39% price decline within 24 hours of its listing on major exchanges like Binance, OKX, and Bybit, falling from $0.001856 to $0.001129. This unexpected drop caught many investors off guard.

Initial Success and Subsequent Price Drop

Launched on International Dog Day, $DOGS Initially garnered substantial 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

The recent news of Pavel Durov's release may impact the market. The next few days will be crucial for $DOGS, and investors will be closely monitoring the token's performance.

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