DOGS Price Prediction Until the End of 2024: Will It Soar or Sink After Listing?

Key Takeaways:

• The DOGS token is poised for significant impact with its upcoming exchange listings and robust community support.
• Despite uncertainty surrounding Pavel Durov’s arrest, DOGS is expected to attract attention as a potential leading meme coin.
• The token’s unique community-centric approach, with 81.5% of supply reserved for users, may offer long-term stability and growth.

The DOGS token has recently garnered attention, especially with its upcoming listings on major cryptocurrency exchanges like Bitrue. As one of the most anticipated Telegram tokens, it will soon be available for trading in pairs such as DOGS/USDT, DOGS/BNB, and DOGS/FDUSD. 

There's widespread speculation that DOGS might emerge as the next big meme coin, but opinions remain divided, particularly due to the controversy surrounding the project's mastermind, Pavel Durov, following his arrest. 

This uncertainty leaves many wondering if the projected $0.001 DOGS token price is realistic. Let’s delve into the DOGS token price prediction.

The DOGS Token Hype: 50 Million Holders and Counting on TON

Developed on TON’s proprietary blockchain, the DOGS token project is designed with a community-centric ethos. Instead of allocating a significant portion of tokens to the development team or investors, the majority is reserved for the community. 

Specifically, 81.5% of the total supply is dedicated to the community, with 73% earmarked for long-term Telegram users who will be rewarded based on their platform tenure and activity, further enhancing community involvement. 

The project has already generated significant excitement, with over 6 million verified users submitting requests to deposit DOGS tokens into exchanges and Telegram wallets.

Several unique aspects set DOGS apart:

1. Record-Breaking Holder Milestone: Unlike other meme tokens, DOGS is the first to achieve 50 million holders before its official exchange listing.
2. TON Blockchain Integration: As the first meme coin launched on the TON blockchain—closely tied to Telegram—DOGS benefits from a strong connection that could drive considerable hype.
3. Community Ownership: With over 80% of the token supply held by the community, the risk of large sell-offs is reduced, potentially leading to long-term price stability.

Given these distinctive features, the future of the DOGS token price is challenging to predict. However, several estimates have emerged:

• High Target: $0.10, leading to a $55 billion market capitalization.
• Extreme Target: $0.20, reaching a $100 billion market capitalization.
• Likely Range: Between $0.04 (with a $22 billion market cap) and $0.07 (with a $38 billion market cap).

Contrary to opinions that DOGS is just another fleeting meme token, there’s substantial belief that it could become a significant player in the cryptocurrency space.

DOGS Airdrop: Unleashing 400 Billion Tokens and 2024 Price Predictions

The DOGS airdrop began on August 16, 2024, enabling eligible users to claim their tokens. During this period, over 400 billion DOGS tokens were distributed to 43 million of the 53 million users who joined the official DOGS Telegram bot.

Inspired by the meme “Spotty,” created by Pavel Durov, the token is set to be listed on 15 major exchanges.

Predicting the DOGS token price is inherently challenging due to the potential for significant volatility post-listing. Initial estimates suggest the token could spike to $0.00825 before settling around $0.0020625.

However, several factors could impact the DOGS token price:

• Community Sentiment: Uncertainty surrounding Pavel Durov’s arrest could lead to a selling trend, possibly dropping the token’s price to $0.0001 from the anticipated $0.001 listing price.
• Strong Community Support: If the community rallies behind the token, the price could surge from the $0.001 listing price to $0.02, aligning with pre-market trading prices.

Before its official exchange debut, DOGS was traded on decentralized platforms, experiencing price fluctuations that spiked with news of the upcoming listings. The DOGS ecosystem is designed to encourage long-term commitment, rewarding active members and fostering a sustainable community environment. 

If the rally slows, the TON-based meme coin’s price might dip to $0.0000037 or even $0.00000214. Conversely, continued price growth could meet resistance at $0.0000058 and $0.00000712. The token’s value may be further impacted by profit-taking once it becomes available on exchanges.

As traders anticipate the DOGS listing, speculation on its potential price is rampant, with many predicting a “Fully Diluted Valuation” (FDV) near $1 billion—a threshold similarly reached by Notcoin during its May 2024 launch. 

In 2024, DOGS token price movements could vary based on its initial FDV. With a $1 billion FDV, the DOGS token price could hover around $0.0018, assuming a total supply of 550 billion tokens. In a worst-case scenario, with an FDV of $500 million, the price might drop to $0.001.

DOGS Token: Weighing the Risks and Rewards Before You Dive In

While the DOGS project has ignited excitement within the crypto community, potential investors should consider several crucial factors:

Potential Risks:

• Transparency Concerns: Little information is available about the project’s developers, raising questions about transparency.
• Volatility Risks: The rapid exchange listing and large airdrop could lead to significant volatility in the early trading days.
• Profit-Booking Risks: The bearish price action before launch and the massive token unlock on August 26 (502.48 billion tokens representing 91.4% of supply) could lead to profit booking, impacting the token’s value.
• Community Engagement: The success of DOGS largely depends on continued utility within the Telegram ecosystem, which may be uncertain as the token enters the broader market.

Potential Upsides:

• Large Community: DOGS has quickly built a community of over 53 million users, many of whom are eligible for the airdrop.
• Innovative Tokenomics: The unique “Dogenomics” model allocates 81.5% of tokens to the community, with 73% specifically for Telegram OGs, potentially driving widespread adoption.
• Exchange Listings: DOGS has already secured listings on major exchanges, adding to its credibility.
• Rewards for Engagement: Telegram premium subscribers receive additional rewards and bonuses, boosting their participation in the DOGS ecosystem.

Investing in any cryptocurrency involves risk, and it’s crucial to conduct thorough research before investing in DOGS or participating in airdrops. Following the DOGS listing, the token might start trading at $0.00055. 

In the early days, its price is expected to be highly volatile, with potential highs around $0.00825 before stabilizing near $0.0020625. Some estimates suggest an initial valuation of $0.0018 based on a fully diluted valuation of $1 billion.

DOGS Token: Riding the Waves of 2024 with Community Power and Meme Magic

In 2024, the price is expected to range between $0.002606 and $0.002973, with an average of $0.002790. The future of DOGS appears promising yet speculative, driven by community engagement, market sentiment, and potential utility within the Telegram community. Analysts predict significant volatility in the early trading days, with the starting price around $0.00055 and potential highs of $0.00825 before stabilizing at $0.0020625. 

The token’s unique position as a meme coin with a large community and innovative tokenomics contributes to an optimistic outlook, though inherent risks associated with meme coins remain. The trajectory of DOGS will largely depend on community engagement, market trends, and the success of its airdrop and exchange listings.

Users can earn more DOGS tokens through activities such as engaging with the Telegram bot, participating in the mini-app, determining account age, making referrals, and checking their subscription status, emphasizing the community-driven approach of the DOGS ecosystem.

Stake $DOGS and $USDT to Share in a 1,000,000 Prize Pool!

• Register as a Bitrue member and complete KYC certification
• After completing the KYC verification, as long as your spot account has designated tokens and the balance reaches the minimum staking limited amount, you can participate, and you can redeem it at any time;

Click here for more details 

FAQs:

• What is the DOGS token? The DOGS token is a meme coin developed on the TON blockchain, closely tied to Telegram, with a strong focus on community ownership.
• Why is DOGS gaining attention? DOGS is gaining attention due to its upcoming listings on major exchanges, a large community of over 50 million holders, and its unique “Dogenomics” model.
• What are the price predictions for DOGS? Early predictions suggest DOGS could trade between $0.002606 and $0.002973 in 2024, with potential highs around $0.00825.