DOGS Coin, a Telegram-originated meme coin, has seen significant fluctuations, both positive and negative, in recent times.
The coin made significant headway by joining
Top 100 cryptos and conducting one of the most substantial airdrops distributing
40 billion tokens to 2.5 million users. In a short period, they managed to onboard
17 million users on The Open Network, making a memecoin record. However,
DOGS Coin also faced some setbacks, including a
market cap fall of
$300 million. Another focal point has been the rivalry between
dog-themed and cat-themed tokens where cat-themed tokens initially outperformed their counterparts, despite
DOGS Coin's continuous rise. Major exchanges like
Binance and
Coinbase have listed the cryptocurrency. Notably, the coin surged by 21% following the release of Pavel Durov on €5M bail. Even amidst turmoil, there are beliefs that it could become a mainstream payment option. The price was speculated to increase following its listing, which however proved only partially right as
DOGS witnessed a
reversal afterward. The
TON Blockchain faced outages due to a surge in
DOGS meme coin, leading to increased volatility.
DOGS Coin News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Tue, 29 Oct 2024 21:31:25 GMT -
Rating 1
- Innovation -8
- Information 6
- Rumor -3
