$DOGS is a new meme coin that was recently listed on Binance in August 2024. It was launched via Launchpool where users can earn and trade the coin through Binance, with trading pairs such as DOGS/USDT, DOGS/BNB, and more.
The coin is inspired by the meme character “Spotty” created by Telegram founder Pavel Durov, and is primarily targeted at the large Telegram community, where it is used extensively within the app through various tasks and activities. $DOGS saw significant engagement during its free distribution period “Airdrop”, with over 40 million users participating.
As for its market performance, the coin’s price rose significantly upon its first listing to $0.0018, before falling back to a range of $0.00121 to $0.00128. Some analysts expect the coin to continue making gains if community support and favorable market conditions continue, while others expect a continued price correction amid some market pressure.
In terms of market cap, the coin has reached around $600 million, making it one of the largest meme coins at the moment, with significant interest from traders and investors in this category【18†source】【19†source】【20†sour】.
