$DOGS has been trading for 72 hours and here's what we can say:
First of all, the price held up and did not experience strong selling pressure. Even the negative news with Telegram's CEO didn't affect the token's successful launch into the market.
We saw a 30% increase on the second day after release and the price continues to hold above the first day.
What do I expect now?
I have a theory that Notcoin was the first test project before the main project was launched. As a result, $NOT successfully launched a new narrative and now it's time for the main project - DOGS.
Why, you may ask?
Because it is DOGS that will be applicable to sticker trading in Telegram, which is essentially the innovation that Pavel Durov once talked about.
I know it sounds fantastic, but what if that's how it was intended?
In any case, that's what we're seeing now - a huge focus on the TON ecosystem, the emergence of new memecoins, and even network latency.
But what about the chart?
I still expect a larger price drop like we had with Notcoin. While retail traders will sell their free coins, the big players will collect them like a vacuum cleaner at a discount.
Maybe here we can see my ā-60% patternā working out, too.
But as long as we see a smooth chart formation, it's too early to talk about prediction.
I can say for sure that in the future the price will be much higher than the current level, if we see a successful launch of a new hybrid NFT marketplace with stickers.
Demand goes up - price goes up, remember that.
Do you believe in DOGS?
#DOGSONBINANCE
First of all, the price held up and did not experience strong selling pressure. Even the negative news with Telegram's CEO didn't affect the token's successful launch into the market.
We saw a 30% increase on the second day after release and the price continues to hold above the first day.
What do I expect now?
I have a theory that Notcoin was the first test project before the main project was launched. As a result, $NOT successfully launched a new narrative and now it's time for the main project - DOGS.
Why, you may ask?
Because it is DOGS that will be applicable to sticker trading in Telegram, which is essentially the innovation that Pavel Durov once talked about.
I know it sounds fantastic, but what if that's how it was intended?
In any case, that's what we're seeing now - a huge focus on the TON ecosystem, the emergence of new memecoins, and even network latency.
But what about the chart?
I still expect a larger price drop like we had with Notcoin. While retail traders will sell their free coins, the big players will collect them like a vacuum cleaner at a discount.
Maybe here we can see my ā-60% patternā working out, too.
But as long as we see a smooth chart formation, it's too early to talk about prediction.
I can say for sure that in the future the price will be much higher than the current level, if we see a successful launch of a new hybrid NFT marketplace with stickers.
Demand goes up - price goes up, remember that.
Do you believe in DOGS?
#DOGSONBINANCE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
DOGS
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