JUST IN : BREAKING NEWS 🚨
#DOGS PRICE PREDICTION ‼️
Binance is set to officially list the DOGS token on August 26, 2024, at 12:00 UTC.
Token Name: $DOGS
Total and Max Token Supply: 550,000,000,000 DOGS
Launchpool Token Rewards: 22,000,000,000 DOGS (4% of total token supply)
Initial Circulating Supply When Listed on Binance: 516,750,000,000 DOGS (~93.95% of total token supply)
#Dogs Price Prediction
Given the current trend and hype surrounding DOGS, it is plausible to consider a market capitalization of $800 million to $1 billion. Here’s how this translates into potential price ranges:
1. Market Cap of $800 Million:
Price Calculation:
Price = Market Cap /Total Supply =800,000,000/550,000,000,000 = $0.00145
2. Market Cap of $1 Billion:
Price Calculation:
Price = Market Cap/Total Supply= 1,000,000,000/550,000,000,000 = $0.00182
Could #DOGS List at $0.01?
Given the current hype and market conditions, it is plausible to consider a scenario where DOGS Token could reach or even be listed at $0.01. If DOGS were to list at this price, here’s what the market capitalization would look like:
Market Cap Calculation:
Market Cap=Price×Initial Circulating Supply=0.01×516,750,000,000=$5,167,500,000
Initial Market Cap at $0.01 Listing Price: $5.17 billion
Price Prediction Scenarios Post-Listing
If DOGS manages to maintain or increase its market cap post-listing, further price growth could be seen. The continuation of this momentum will depend on several factors, including market sentiment, community engagement, and the overall performance of the cryptocurrency market.
If the market cap grows to $6 billion: The price could rise to approximately $0.0116.
If the market cap experiences a correction: The price might drop below $0.01, depending on the intensity of the sell-off and market conditions.

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges.

Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny
Binance CEO Richard Teng has revealed that Binance Holdings Ltd. will hire 1,000 new employees this year, with many roles focusing on compliance, as the crypto exchange’s regulatory spending surpasses $200 million.
Teng detailed Binance’s hiring plans in an interview with Bloomberg in New York on Wednesday, highlighting the firm’s ongoing efforts to bolster its compliance operations in response to increased regulatory scrutiny, particularly following a $4.3 billion plea deal with the U.S. Department of Justice. Binance’s compliance workforce, which currently stands at around 500, is expected to grow to 700 by the end of 2024. Teng emphasized the importance of adhering to government oversight, stating:
I’ve been a regulator all my life … Government agencies are important.
Despite the challenges, including ongoing lawsuits and the need for years of U.S. oversight, Teng affirmed that Binance remains committed to strengthening its compliance infrastructure.
Before joining Binance, Teng held several important regulatory positions, including serving as a senior regulator at the Monetary Authority of Singapore (MAS) and as the Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) at Abu Dhabi Global Market (ADGM).
Under Teng’s leadership, Binance has implemented significant changes, such as enhancing its collaboration with prime brokers, tightening digital token listing requirements, and spinning off its venture arm. The company, however, has yet to establish a global headquarters or publish fully audited accounts. Teng indicated that potential headquarters locations include Dubai and Abu Dhabi, but declined to specify further. Speaking on the ongoing compliance efforts, Teng noted:
They’re going to do an assessment … We’re very early in the journey.
What do you think about Binance’s plans to expand its workforce and compliance efforts amid ongoing regulatory challenges? Let us know in the comments section below.

The price of Bitcoin (BTC) crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February this year.
Analysts fear the worst is still yet to come. 
Bitcoin has since leveled out to trade at $54,122 at the time of publication, according to TradingView data.
Speaking to Cointelegraph, eToro market analyst Josh Gilbert said much of the sell-off could be traced back to fears stemming from Mt. Gox creditor repayments, which will see around $8 billion worth of BTC hit the market starting this month.
Following the sudden dip to the $53,600 level, Gilbert said he expects to see worsened price action for Bitcoin in the coming days.
“The news flow is far more bearish than bullish right now, and the selling activity we’re seeing is quite clearly unsettling investors, which often drives more selling,” Gilbert said.
“It wouldn’t surprise me to see the asset test $50,000 within the next week, but that will be a key physiological level.”
“There will be weakness in the short term until we receive a catalyst to drive the price higher, and that might come in the form of investors ‘buying the dip’ or an ETH ETF approval to improve sentiment,” he added.
Related: Bitcoin traders express optimism even as BTC price targets shift lower
Analysts from 10x Research also predicted a continued dip that could see the price of Bitcoin brought as low as $50,000 in the coming weeks, warning that selling “could accelerate as support gets broken and sellers scramble to find liquidity.”
Despite the short-term bearish outlook, Gilbert said there are also reasons for investors to remain bullish on a longer-term time horizon.
“We look to catalysts such as the Federal Reserve cutting interest rates in September, with the potential for another cut in December to lift prices.”
“On top of that, the full acceptance of an Ethereum ETF from the SEC, with a July launch date, would be a big boost for the crypto market," he adde
In a July 3 investment note — viewed by Cointelegraph — IG Markets analyst Tony Sycamore said that if Bitcoin had strong support at the $55,000 mark, including its 200-day moving average and trend channel support.
If the price of BTC were to hold above $55,000 in the coming weeks, Sycamore said he expects the uptrend to resume, “leading to a retest and break of the March $73,794 high.”
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