DOGS TOKEN PUMP OR DUMP! WHERE WILL IT GO NEXT? ๐
This fresh memecoin has already sparked controversy, wild price swings, and serious market hype. Could this be the next big thing, or is it another pump-and-dump? ๐
๐
DOGS TOKEN: A WILD RIDE SO FAR
- Listed on Binance, OKX, and KuCoin
- Initial hype drove prices to new highs
- Price correction followed but remains a hot topic
The broader market is optimistic with a potential Federal Reserve rate cut, which could pump more liquidity into the market. For investors looking to ride the wave, DOGS might present an opportunity.
๐ฅ PUMP-AND-DUMP FEARS: IS DOGS AT RISK?
Despite the excitement, there are growing fears that DOGS could be manipulated. With 8.5% of its supply (around $60 million) allegedly held by centralized exchanges (CEXs) with no lockup, many worry that a sudden sell-off could hurt retail investors.
- Concerns about CEX control
- Potential for sudden price drops
- Lack of communication from the development team
๐ก SEPTEMBER PRICE PREDICTION
DOGS token saw wild price swings, jumping 42.62% on Gate.io after its listing. However, it couldnโt maintain its upward momentum. With bearish pressure looming around $0.002, the future looks uncertain.
- Current resistance: $0.00214
- Potential support level: $0.00067
- If bullish momentum picks up, DOGS could push to $0.0049
โ๏ธ With its RSI at a neutral 34.7, $DOGS
is neither overbought nor oversold, aleaving investors in a guessing game.
#dogs #pumpordump #TONBlockchain #CryptoNews๐๐ฅV #DOGSONBINANCE q