#Dogs
Another in-depth analysis of DOGS, the current price is 0.00104, ranking 100, market value 450M, the overall trend is a parabolic shape of throwing. Recently, the market has been washing up and down, coupled with a large number of DOGS, resulting in continued low prices and increased market instability. As prices continue to fall, investor anxiety is rising, especially considering the lack of communication between the developer team.
Below are the pros and cons combined with rumors:
Its community is strong: DOGS has gained a strong fan base after its launch, with nearly 17 million subscribers in the Telegram channel. And it is the only MEME that is directly listed on the exchange. It will be easier to control the market than those MEMEs that run on the chain first and then on the exchange, and the chips for controlling the market must be highly concentrated.
There is no doubt that the strong dealer with extraordinary treatment: Binance Contract will launch DOGS coin-based perpetual contracts on September 10. Generally, small currencies cannot open coin-based contracts, but it has. It can be imagined that this support is very strong.
Extreme volatility: As a meme coin, DOGS is very susceptible to large price fluctuations in a short period of time.
Network issues: The initial launch caused the TON blockchain to be mid-term, which may undermine investor trust.
All the positives ultimately come down to the coin listing on the 10th. I don’t know if it can pull up the market value of Dogs Lafite. If it does, the benefits of a large number of airdrops to a single account can be imagined, and the value of the pig’s feet rice will increase.