DOGS Price Prediction: Airdrop & Listing Date on Binance

DOGS Price Prediction: Airdrop & Listing Date on Binance

Dogs is one of the hottest new cryptocurrency projects in the world, trending on social media and attracting a large number of investors. DOGS, the project’s native token, started trading earlier today on Binance and several other prominent exchanges. 

Dogs is a meme coin project that started in the Telegram community and recently concluded its Binance Launchpool campaign. Fittingly, the DOGS token is issued as a token (Jetton) on the TON Blockchain. The project itself has an ambitious goal of creating the largest meme coin community in the world by tapping into Telegram’s vast userbase. At the time of writing this article, the official Dogs Telegram channel has over 16 million subscribers. According to the Dogs project, community distribution and fair distribution of rewards are the pillars of the Dogs meme coin.

In this article, we’ll look at the DOGS price predictions, examine the token’s performance post-Binance listing, and explain what you can expect from the DOGS airdrop slated for later this week.

Buy DOGS on Binance

DOGS Listing Price & Date

DOGS’s listing price, meaning the initial price the token had when the first trading orders were executed, was $0.001175. Binance listed DOGS on August 26, along with several other top crypto exchanges, including KuCoin, Bybit, OKX, gate.io, and MEXC.

In the first few hours of trading, DOGS’s price reached a high point of $0.001352 but later saw a small retracement, which ended with the meme coin settling in the $0.001200 range during the writing of this article.

It’s worth noting that the token currently commands a market capitalization of more than $650 million, which places it firmly among the top 100 largest crypto projects by market cap. Perhaps even more interesting is the fact that the token saw more than $1 billion in trading volume in just the first few hours of trading, which is enough to rank as the 21st most-traded digital asset in the last 24 hours. 

DOGS Airdrop

The DOGS token has a supply of 550 billion, and 72.73% of the supply has been reserved for the community airdrop. Let’s take a closer look at the token’s planned distribution:

  • Community Airdrop: 72.73%
  • Marketing: 9.18%
  • Liquidity: 5.45%
  • Team: 5.36%
  • Binance Launchpool: 4%
  • Advisory: 3.27%

The 400 billion DOGS airdrop started on August 24 and concluded on August 26, which coincided with the token’s listing on major crypto exchanges. According to several online sources, more than 40 million users were eligible to claim DOGS as a part of the airdrop, which makes it one of the most popular airdrops in terms of the number of participants in history. 

DOGS Price Prediction

With a stellar token launch and airdrop in the rearview, it’s time we take a look at where DOGS could be headed next. According to our algorithmically generated DOGS price prediction, the token could experience robust upward momentum in the coming days and weeks. 

Our prediction algorithm expects DOGS to gain 228% in the next 30 days and hit $0.007000. However, after the initial surge, the token could face a prolonged period of price stagnation and gradual retracement. 

It’s worth noting that the accuracy of our prediction models is heavily predicated on the amount of historical data available for a particular crypto asset. Since DOGS is a freshly launched token, you should keep in mind that it could face more volatility, and its price is more difficult to predict than that of cryptocurrencies that have been trading for a longer period of time.

Source: https://coincodex.com/article/45642/dogs-price-prediction-airdrop-listing-date-on-binance/