↝ Roller Coaster Ride of "Dogs Coin" Amid Market Speculations and High Activity

The DOGS meme coin has seen a momentous spike, skyrocketing 38% and placing it in the top 100 cryptocurrencies. This surge is reportedly linked to issues on the TON network, with DOGS blamed for omitting the network twice during its rally. During these incidents, DOGS stress tested the network with 150,000 requests every minute. Attention to DOGS has been plentiful with speculations about its future, it is reported to have a potential forecasted domestic value of $ 550 million following its pre-market price.

Binance announced the inclusion of DOGS as the 57th Launchpool project. This provided an opportunity for its 42.2 million-strong user base to stake BNB and FDUSD and earn DOGS. Despite the listing on Binance and the buzz surrounding International Dog Day, DOGS token's price dipped significantly.

DOGS also took the attention of other significant cryptocurrencies like Solana and SUN with its high on-chain activity. DOGS is in the limelight whether due to the volatility it has caused or the its performance following the unlocking of 94% of its tokens. The question prevailing in the market is: Can DOGS coin become a mainstream payment option?

DOGS Coin News Analytics from Wed, 14 Aug 2024 07:00:00 GMT to Fri, 30 Aug 2024 01:19:20 GMT - Rating -1 - Innovation -5 - Information 5 - Rumor 4