The Notcoin and Dogs teams held a record-breaking drone show at TOKEN2049 in Dubai.
They held it at the Madinat Jumeirah hotel with the aim of visually presenting the story of the mass adoption of Telegram and the TON ecosystem.
The presentation made it into the Guinness Book of Records for demonstrating the largest flying sky bone made of 1,600 drones 😅
Among the three assets, #TON, #NOT, and #DOGS, DOGS reacted the best to the news, rising by +17.6%, but it also has a smaller market capitalization. We considered and still consider it the most promising among this trio in terms of 'x's.
Overall, from its April low, DOGS has increased by +93%, reaching a momentary high of $0.0001983 today. However, it has not yet broken the structure of declining highs and lows, even in the local picture of March-April. The pump related to the drone theme is now almost absorbed. But the key point is that the asset remains in a stable uptrend on the daily timeframe.
It is clear that the drone show is not the reason for the substantial growth of these three assets; it's just an image-enhancing spectacle. We expect to see growth later, but for now, there are signs of a reversal in the form of uptrends on the 12-hour and daily timeframes. Further, if the trend is genuine, it is crucial to see a transition into a stable uptrend on the 3-day timeframe. However, retail might still be indifferent because the entire TON ecosystem for them is considered a 'scam'. And it won't be a scam when it becomes too late to buy 🤷♂️