Despite gaining strong momentum, especially on Telegram, Dogs, a trending crypto, has seen its price steadily decline. Dogs is a newly launched meme coin on the TON Network, debuting on August 26, shortly after the arrest of Telegram CEO Pavel Durov in France, accompanied by the largest crypto airdrop to date.
Over 42 million Telegram users received more than 400 billion tokens, including those who had previously interacted with the Dogs mini-app on Telegram.
The token launch made waves in the crypto market, marking one of the biggest in history and causing the TON blockchain to crash twice due to the initial surge in trading activity.
This article will examine the Dogs crypto price prediction and highlight Pepe Unchained, another meme coin in presale, which has garnered substantial investor attention, reaching a $12 million milestone.
$DOGS Crypto Price Prediction
As of now, $DOGS is trading at $0.00104, with a market capitalization of $540 million and a 24-hour trading volume of $490 million. The token has seen a 3.63% price decline in the past 24 hours and a 19.85% drop over the past week, signaling significant market volatility and a prevailing bearish sentiment.
From a technical standpoint, $DOGS has struggled to sustain bullish momentum and recently encountered resistance levels. If the price continues to decline, the next support range is projected to be between $0.00085 and $0.00072, reinforcing the bearish outlook.
Looking ahead, there is potential for a price surge if the market conditions improve and a bullish breakout occurs. Observing key resistance levels and waiting for clear bullish signals before investing might be a prudent approach.
For now, the expectation is that Dogs will continue to be bearish until a significant shift in market dynamics is observed.
For an in-depth analysis of Dogs price predictions, watch the video above and subscribe to his YouTube channel. Additionally, join Jacob Crypto Bury’s Discord server for trading insights and updates on upcoming crypto presales.
Dogs Faces Downward Pressure Amid Whale Sales as Investors Shift to Pepe Unchained Presale
September is historically a tough month for cryptocurrencies, and with Bitcoin faltering, there’s limited optimism for a swift recovery in Dogs’ price. Whales and large exchange wallets, which hold substantial amounts of the token, are continuously selling off, contributing to the ongoing dip.
As more tokens are scheduled to be released over the next two months, further dilution could occur, adding additional downward pressure on the price. The coin’s future remains uncertain, with buyers outnumbered by sellers in recent market activity.
Despite these challenges, there is a possibility for recovery, though it may take some time before the coin rebounds. Meanwhile, as $DOGS holders offload their tokens, investors are flocking to Pepe Unchained, making it one of the best presales of 2024.
Pepe Unchained is more than just another meme coin riding the trend, it aims to revolutionize the space with its own Layer-2 blockchain. Unlike most meme coins that face challenges due to Ethereum’s limitations, Pepe Unchained’s team seeks to create a more efficient environment for traders and developers.
By shifting transactions off the Ethereum mainnet, they aim to lower fees and significantly increase transaction speeds—up to 100 times faster, according to the project’s whitepaper. This could give Pepe Unchained a major advantage among meme coin traders.
Boom! $12M raised!
Pepe Unchained is crushing milestones and gearing up for the next big leap 🐸💪 pic.twitter.com/Cr2MI0CESp
— Pepe Unchained (@pepe_unchained) September 5, 2024
The blockchain will also enable seamless bridging between Pepe Unchained and Ethereum making it easy for $PEPU investors to move capital throughout the Ethereum ecosystem. These features will enhance the user experience, making it more efficient and accessible.
Since launching its initial coin offering ( ICO) on June 16th, Pepe Unchained has secured more than $12.3 million in under three months. The ongoing presale allows investors to purchase $PEPU at a reduced price of $0.0095362, with payment options including $ETH, $USDT, $BNB, and bank cards.
In addition to its strong fundraising, Pepe Unchained has successfully passed audits by SolidProof and Coinsult, further boosting its credibility. Moreover, Pepe Unchained offers staking rewards, allowing $PEPU token holders to earn passive income.
During the presale, the project is offering a 165% annual percentage yield (APY), with over 968 million $PEPU tokens already staked. For the latest updates, you can follow Pepe Unchained’s X page (formerly Twitter) or join their Telegram channel. To take part in the $PEPU token presale visit pepeunchained.com.
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