Can DOGS Bounce Back? What to Expect from the Huge Token Release
DOGS, a meme coin on the TON Blockchain, is experiencing heightened interest amid August's market volatility. On August 26th, a major Token Generation Event (TGE) will unlock 502.48 billion DOGS tokens, potentially impacting the token's value. With 72.7% of these tokens allocated for community airdrops, DOGS is poised for increased user engagement. However, this massive release may lead to market dilution and price corrections. Currently trading at $0.0021, DOGS could face a 50% drop or rise to $0.0052, depending on how it navigates the token unlock.
2024-08-26Read