Token

Toncoin

DOGS

<p>The post <a href="https://coinpedia.org/news/dogs-token-price-rally-is-a-35-surge-on-the-horizon/">DOGS Token Price Rally: Is a 35% Surge on the Horizon?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Highly publicized dog-themed meme coin based on the Telegram-backed <a href="https://coinpedia.org/price-prediction/toncoin-ton-price-prediction/" target="_blank" rel="noreferrer noopener">Toncoin</a> (TON) network, Dogs (DOGS), has played a crucial role in onboarding more users to the web3 space. In less than a week after its official trading launch on several centralized exchanges, the Dogs meme project has achieved major milestones including nearly 1 million on-chain holders.&nbsp;</p> 
<p>As a result, the Dogs meme coin has grown to a mid-cap altcoin with a fully diluted valuation of about $608 million and a daily average traded volume of more than $440 million.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-dogs-impact-on-toncoin-network-nbsp">Dogs Impact on Toncoin Network&nbsp;</h2> 
<p>The highly liquid project has marketed itself as the most Telegram-native meme coin community. The notable Dogs’ success in its initial phase has played a crucial role in democratizing the Toncoin network.</p> 
<p>Furthermore, the Toncoin network is celebrating 1 billion transitions achieved in the past year alone. Despite the recent network outages caused by huge demand for Dogs meme coins and other tokens, the Toncoin blockchain has reassured users of scalable solutions in the future in a secure environment.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The Futures Trading Carnival is live, with 40M <a href="https://twitter.com/search?q=%24DOGS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGS</a> and 5M <a href="https://twitter.com/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NOT</a> up for grabs.<br><br>To enter：<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f538.png" alt="🔸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Make your first futures deposit <br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f538.png" alt="🔸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Trade futures <br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f538.png" alt="🔸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Complete social tasks<br><br>Join now <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/81COr13gXP">https://t.co/81COr13gXP</a> <a href="https://t.co/7Yk9FbSof0">pic.twitter.com/7Yk9FbSof0</a></p>— Binance Futures (@BinanceFutures) <a href="https://twitter.com/BinanceFutures/status/1830762987126473058?ref_src=twsrc%5Etfw">September 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The Toncoin network is among the top-tier web3 ecosystems, with over $351 million in total value locked and more than $619 million in stablecoins supply.</p> 
<h2 class="wp-block-heading" id="h-midterm-price-action-nbsp">Midterm Price Action&nbsp;</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGS</a> big move is coming expected Terget 5x – 10x in next 1 or 2 months <br><br>I told u 2 days ago <a href="https://twitter.com/search?q=%24DOGS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGS</a> buying range $0.0011 – $0.00115 <a href="https://t.co/orkYJj8CFp">https://t.co/orkYJj8CFp</a> <a href="https://t.co/VGyiZiXCY3">pic.twitter.com/VGyiZiXCY3</a></p>— TOP GAINER TODAY (@RoccobullboTTom) <a href="https://twitter.com/RoccobullboTTom/status/1830757373608403152?ref_src=twsrc%5Etfw">September 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The Dogs meme coin has gained popularity among speculative traders due to its launch process that prioritized the community. As a result, the Dogs meme coin, which was inspired by Pavel Durov’s mascot dubbed Spotty, has been consolidating in preparation for a bullish breakout.&nbsp;</p> 
<p>From a technical standpoint, DOGS price has been retesting a crucial support range around $0.0011 in the past two days, after breaking out of a four-hour falling logarithmic trend. A consistent close above $0.001166 will propel DOGS towards the next target around $0.0015, which coincided with the four-hour 0.618 Fibonacci Retracement.</p> 
<p>Furthermore, the four-hour <a href="https://coinpedia.org/traders/relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index</a> (RSI) has been hovering around the oversold levels.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-analysis/chatgpt-predictions-for-bitcoin-eyes-73k-in-september/" target="_blank" rel="noreferrer noopener">ChatGPT Predicts Bitcoin Price For September: Upside Extends To $73K!</a></p>

DOGS Token Price Rally: Is a 35% Surge on the Horizon?

Table of Contents

CoinPedia News

Other articles published on Sep 3, 2024

Maryland officials implement strict controls on AI use in government

Ethervista Dominates Ethereum as Gas Fees Skyrocket Amid VISTA Memecoin Surge

Bitcoin (BTC) on Verge of $60,000 Breakthrough: Data

DAR token migration D token Branding

Ripple Forms Strategic Alliances in Blockchain

What is Ethervista?

Join our free newsletter for daily crypto updates!