🚀 News: DOGS Token Update! 🚀
The much-anticipated listing of DOGS on Telegram has arrived, but recent events have stirred the market. With Telegram founder Pavel Durov's arrest on August 25th, there's added uncertainty. Here's a breakdown of what you need to know about DOGS and its potential market impact:
📊 **Tokenomics Overview:**
DOGS plans a Token Generation Event releasing 502.48 billion tokens. Key allocations include:
- Community Airdrop: 72.7%
- Marketing: 9.18%
- Liquidity: 5.45%
- Team & Advisory: 8.63%
- Binance Launchpool: 4%
💥 **Market Impact Analysis:**
Such a substantial token release often increases supply, potentially impacting price dynamics. The largest share, the community airdrop, could flood the market initially.
💡 **Price Predictions:**
Initial listing estimates range from $0.0013 to $0.0015 per DOGS token. At $0.0013, the market cap could reach $653.22 million, rising to $1.005 billion at $0.0015.
🔍 **Potential Risks:**
The arrest of Pavel Durov might dampen investor sentiment, leading to caution and possible sell-offs post-listing, potentially affecting the initial price.
🌐 **Long-Term Outlook:**
Despite challenges, strong community support and controlled token release schedules for teams and advisors could stabilize prices over time.
Stay tuned as DOGS navigates these developments. What are your thoughts on this new listing? Share below! 🐶💬
