đ¶ DOGS Price Prediction || đ¶ Where we should sell ?
đ¶ DOGS, a Ton blockchain memecoin, will be listed on Binance today, August 26, 2024, at 12:00 UTC. With a total supply of 550 billion $DOGS, 516.75 billion (93.95%) will be in circulation at launch.
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đ¶ Key Predictions:
1. Launch Price Surge: Expect $DOGS to peak around $0.001 in the first minutes, followed by a correction.
2. Liquidity Insights: The 5.45% liquidity allocation is higher than usual, suggesting potential price stability.
3. Distribution Concerns: The large allocations for community airdrop (72.73%) and marketing (9.18%) could be used for manipulation.
đ¶ Strategy Tips:
1. Sell Early: Consider selling airdropped tokens during the initial price peak.
2. Futures Market Caution: If futures launch, avoid high funding rates that could erode profits. Shorting might be an option, but manage risks carefully.
3. Watch for Corrections: Anticipate a significant correction in the coming days, which might offer a buy opportunity before another price surge.
đ¶ Disclaimer: This isn't financial advice. Investing and trading involve risks. Conduct thorough research before making any decisions.
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#dogs PRICE PREDICTION âŒïž
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. Hereâs 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, hereâs what the market capitalization would look like:
Market Cap Calculation:
Market Cap=PriceĂInitial Circulating Supply=0.01Ă516,750,000,000=$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.
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Telegram Deems Misuse Allegations âAbsurdâ Following CEOâs Paris Arrest
Telegram stated that it complies with EU laws and dismissed claims that Durov or the platform is responsible for user abuse, calling such accusations "absurd."
Telegram on Sunday questioned France for arresting its CEO Pavel Durov, who was detained at a Paris airport over the weekend.
âTelegram abides by EU laws, including the Digital Services Act â its moderation is within industry standards and constantly improving,â the app said Monday on X. It added that Durov, who frequently travels across Europe, has ânothing to hide.â
âIt is absurd to claim that a platform or its owner are responsible for abuse of that platform,â the Dubai-based platform said.
Local media reported that authorities arrested Durov at Bourget airport near Paris on Saturday. French authorities reportedly detained the CEO upon his arrival from Azerbaijan on his private jet. He is originally from Russia, but holds dual citizenship with France and the United Arab Emirates.
The arrest is tied to an investigation into whether Telegramâs content moderation has enabled crimes like terrorism and trafficking. Durov has not been formally charged yet, but the investigation is centered on Telegramâs moderation practices.
Telegram-linked Toncoin has plunged 17% following the arrest. The token was down 1.1% on Monday.
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To effectively trade, understanding the concept of support and resistance is essential. These key levels help traders identify potential points where the price might reverse or stall. **Support** is the price level at which a stock or market tends to find buying interest as it declines, preventing the price from falling further. It's like a floor, where demand increases, keeping the price from dropping below a certain level.
On the other hand, **Resistance** is the price level at which a stock or market faces selling pressure as it rises, preventing the price from climbing higher. Think of it as a ceiling, where the supply increases, stopping the price from going up any further.
Traders often use support and resistance to make informed decisions. For instance, buying near support can be advantageous as the price may bounce back, while selling near resistance can be beneficial as the price might drop from that level. However, once these levels are broken, they can reverse roles; previous resistance can become support, and vice versa.
Recognizing these levels can enhance trading strategies, enabling traders to predict price movements more effectively and manage risks better.#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
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The recent arrest of Telegram founder Pavel Durov in France has sparked a global outpouring of support for freedom of speech and digital rights.
Crypto Communities
-TON adopted the âResistance Dogâ as the new Toncoin logo, symbolizing the digital resistance movement Durov started to protect Telegram usersâ privacy and defend freedom of speech.
-Memeland raised a $1 million TON fund to support Durov.
-Andrei Grachev, founder of DWF Labs, purchased $500,000 worth of TON on the open market.
-TRONâs Justin Sun proposed the creation of a FreePavel DAO and pledged $1 million in support.
Social Media Executives
-Elon Musk, through the X platform, shared videos of Durov discussing US attempts to access Telegram, while expressing his support for the #FreePavel movement.
-Chris Pavlovski, CEO of Rumble, left Europe after Durov's arrest and has publicly called for his release. He is also involved in legal battles in France over content moderation and free speech.
Free Speech Advocates
-Edward Snowden, a former NSA employee and whistleblower, said the arrest is an attack on fundamental human rights, including freedom of speech and association.
-Podcaster Lex Fridman expressed his concerns, calling the arrest a troubling attack on free speech and warning that it could affect not only Telegram but other online platforms as well.
-Journalist Tucker Carlson recalled that Durov had fled Russia to escape the governmentâs control of his company, noting the irony that his arrest ultimately took place in a Western country, a NATO member.
Politicians
-Robert F. Kennedy Jr., a former US presidential candidate, stressed the critical importance of protecting free speech.-Nigel Farage, leader of Reform UK and MP for Clacton, called Durovâs arrest worrying, noting that all platforms have bad actors.-Florian Philippot, leader of the Patriots party in France, accused the French government of showing its tyrannical face to the world, calling the arrest an attack on free speech.Communities are calling for support for the DigitalResistance and FreeDurov movements.
Shiba Inu Announces DAO Plans
Shiba Inu (SHIB) unveiled its decentralized autonomous organization (DAO) plans on X on August 25. Lucie, Shiba Inu's marketing lead, explained the news.
The Shiba Inu DAO Vision
Lucie noted that Shiba Inu is the 13th biggest cryptocurrency by market capitalization, a testimony to its rapid increase since Ryoshi's 2020 founding. Shib was created as a token without a purpose to test a community-driven cryptocurrency. After burning the token's supply keys, Ryoshi handed over authority to Shytoshi Kusama and a team of volunteers.
Shib has grown from an experimental coin to a worldwide digital asset under Kusama. The DAO model will democratize governance and empower its community. Lucie revealed:
By launching the DAO, Shib plans to become a decentralized governance leader. This transformation will allow all stakeholders, regardless of stake size, to influence community direction. The DAO's implementation will give Shibizens greater authority over ecosystem choices.
The marketing lead teases integration into real-world use cases to guarantee long-term relevance and value. Besides market success, Shib's growth is driven by actual usefulness and broad awareness.
Shib plans to improve its governance system and increase its real-world applications. The launch of a DAO is expected to boost Shib's impact in decentralized finance (DeFi).
âShib will strengthen its governance and real-world applications as it develops. Shib's ascent from community experiment to top coin shows the potential of enthusiastic communities driving decentralized projects.
In addition to Lucie's views, Shiba Inu main developer Shytoshi Kusama explained the LEASH token's ecosystem value. âLeash holders moderate the Leash DAO, protecting the system and voting on disputes. Kusama told X that karma, reputation, and unique mechanisms safeguard Shibizens.
Kusama recently indicated that he would stand down as Shiba Inu's leader before the end of the year, presumably to make room for the DAO.
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**Bitcoin Bounces Back: Eyes on Monthly Close**
Bitcoin is making a strong comeback as August wraps up, with BTC/USD targeting $65,000. After a rocky start, the cryptocurrency has surged 40% from its $45,500 lows earlier this month. Traders are now keenly watching the monthly close, anticipating a potential breakout from a six-month consolidation phase.
Key points to watch:
- **Macroeconomic Data:** Upcoming data, including the PCE index and US Q2 GDP, could impact market sentiment.
- **Mining Difficulty:** Set to rise by 2.8%, nearing an all-time high.
- **Market Sentiment:** The Crypto Fear & Greed Index has jumped from "extreme fear" to "neutral."
Stay tuned for a potentially volatile week ahead!
đš Hamster Kombat Airdrop Alert! đš
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Want in on the Hamster Kombat airdrop? Hereâs how you can qualify:
Hold HAM Tokens: Make sure youâve got some HAM tokens in your wallet. This is your ticket to participating in the airdrop.
Follow Hamster: Get connected by following Hamster on Twitter, Telegram, and other social media platforms. Staying up-to-date with announcements is crucial.
Join the Community: Dive into the Hamster community on Telegram, Discord, or other platforms. Engaging with the community could increase your chances of being eligible.
Complete Tasks: Donât miss outâfinish all the tasks assigned by Hamster. These tasks might include activities like retweeting posts, joining specific groups, or inviting friends to the community.
Remember, participating in these tasks doesnât just qualify you for the airdrop; it also strengthens your standing within the Hamster Kombat universe. Every action you take brings you closer to potential rewards and exclusive benefits in future events.
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#ALPACA EASILY PREDICTED USING THESE FACTORS!
The highest selloffs of #ALPACA were highlighted and we were able to enter sell order at the peak. The harmonic bat pattern was also envisioned and along with it, we've used Fibonacci to further confirm the likelihood of retracements of this token towards its possible final impulsive wave. If this token, gets rejected at this major key level, we can expect it to revisit its support key levels at 0.18, 0.14, 0.11 and so on. The only factor that could keep the bullish rally bias would be if it holds above 0.19 with the intention to create higher highs and higher lows.
Stay wise, trade cautiously.
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**DOGS Token Price Prediction and Strategy:**
The DOGS token is being listed on Binance today, August 26, 2024. Hereâs a simple breakdown of possible price movements and strategies based on the market and token details:
### Initial Price Action:
- **Expected Peak:** DOGS could quickly rise to about $0.001 just after it lists. However, this surge may be followed by a drop as early buyers sell their tokens.
### Liquidity Insights:
- **Liquidity Pool:** With a 5.45% liquidity pool, DOGS has more liquidity than most new tokens. This should help keep the price more stable but watch for price manipulation due to a large airdrop.
### Price Scenarios:
- **Conservative Estimate:**
- **Market Cap:** Between $800 million to $1 billion.
- **Price Range:** Between $0.00145 and $0.00182. This prediction accounts for the excitement around the launch and the usual corrections that follow.
- **Ambitious Scenario:**
- **Initial Price:** DOGS could reach $0.01 if the market cap climbs to around $5.17 billion. This would require strong community interest and favorable market conditions.
### Post-Listing Predictions:
- **If Market Cap Reaches $6 Billion:**
- **Price Target:** Around $0.0116, provided thereâs continued buying interest and good market conditions.
- **If Market Cap Drops:**
- **Price Drop:** DOGS may fall below $0.01 depending on the number of sellers and overall market mood.
### Strategy Recommendations:
1. **Sell Early:** If you received DOGS tokens from airdrops, consider selling right after the initial price spike to secure quick profits.
2. **Watch for New Listings:** Keep an eye out for the token being listed on other exchanges, as this could boost the price further.
3. **Buy After Correction:** Be ready to buy back tokens if the price drops significantly after the initial rise.
**Take Action!**
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