đš **$DOGS Token Warning: Be Aware of Potential Hazards!** đš
Concerns are mounting around the $DOGS token due to a large portion being held by centralized exchanges (CEXs) without any lockup period. This concentration could lead to a potential "pump-and-dump" scenario. đ
Hereâs what you need to know:
- **Current Price:** $0.0011077 (-1.29%) đ©ž
- **Risk:** CEXs might drive the price up by initiating a buying spree, only to offload their holdings later, resulting in a significant price plunge. đš
Retail investors could get swept up in the excitement, only to suffer major losses when the price inevitably crashes. A recent tweet from LeonidasNFT highlights these risks, emphasizing the need for transparency and clear tokenomics. Without proper protections in place, the threat of market manipulation is real! đđ
Stay cautious and weigh the risks before getting involved! Whatâs your take? Share your thoughts below! đđ„
