🚨 $DOGS Token Alert: Watch Out for Potential Risks! 🚨
The $DOGS token is stirring up concerns due to a significant amount being held by centralized exchanges (CEXs) with no lockup period. This concentration in a few hands could set the stage for a "pump-and-dump" scheme. 📉
Here’s the scoop:
- **Current Price:** $0.0011077 (-1.29%) 🩸
- **Risk:** CEXs could inflate the price with a buying frenzy and then dump their holdings, causing a drastic price drop. 🚨
Retail investors might get caught in the hype and face heavy losses when the price crashes. LeonidasNFT’s recent tweet highlights these dangers, underlining the importance of transparency and clear tokenomics. Without proper safeguards, the risk of manipulation remains high! 🔍💔
Stay vigilant and consider the risks before diving in! Your thoughts? Share below! 👇🔥
#DOGS #CryptoRisks #MarketManipulation n #InvestWisely
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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