$DOGS Makes a Major Market Statement with $2.72M in Liquidations
In a dramatic turn of events, emerging memecoin $DOGS
has taken the crypto world by storm, triggering an eye-popping $2.72 million in liquidations within just 24 hours. This volume accounts for more than 2.4 billion DOGS tokens, signaling immense volatility and intense trader activity surrounding the asset.
What’s most impressive is how quickly $$DOGS as risen to prominence. Despite being relatively new, it has already surpassed liquidation figures of established giants like XRP and Dogecoin in recent sessions. The breakdown? Roughly $1.7 million came from long positions, while $897,000 was wiped from shorts—a clear sign of heavy speculation and market-wide interest.
Just last week, DOGS its all-time high of $0.001644, capturing investor attention and sparking a frenzy of trading. Although it has since retraced to around $0.001122, reflecting a 10% dip, the asset remains strong—currently holding the 94th spot by market capitalization, now exceeding $579 million.
With such explosive movements and a growing community, DOGS proving it's more than just another memecoin. As it continues to ride the momentum wave, traders and investors alike should keep this token firmly on their radar.