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The post <a href="https://coinpedia.org/sponsored/dogs-price-tanks-traders-switch-to-this-pepe-unchained-coin/" rel="noopener noreferrer nofollow">Dogs Price Tanks 30% in a Week as Traders Switch to This Promising New Meme Coin</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
It has been a disappointing week for meme coin enthusiasts who bought Binance’s latest offering, Dogs – it’s down by over 30% in the last seven days.
But another token is emerging, and traders expect massive gains in the coming weeks.
<h2 class="wp-block-heading" id="h-dogs-slumps-on-binance-listings-but-finds-footing-at-0-001">Dogs Slumps On Binance Listings But Finds Footing at $0.001</h2>
Do Binance listings no longer have the same effect?
Dogs listed on the top exchange and have embarked on a “down-only” trajectory since.
Previously, Binance listings were a big deal for meme coins. Just look at Pepe or Dogwifhat; both vigorously explode after listing on the platform.
But with Dogs, two factors have created a blockade, stopping the gains many early investors hoped for.
First, the crypto market sentiment is terrible right now.&nbsp;
The Fear and Greed Index is near its lowest level since the bear market, and many investors are opting for capital preservation rather than gains.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="503" src="https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113-1024x503.png" alt="coin-market-cap-chart" class="wp-image-347577" srcset="https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113-1024x503.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113-300x147.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113-768x377.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113-150x74.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183929/image-113.png 1312w" sizes="(max-width: 1024px) 100vw, 1024px">
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Second, Dogs launched with a multi-hundred million dollar market cap.
Dogs is a Toncoin-based meme coin and was already trending before its token launched. It has over 17 million members on its <a href="https://t.me/dogs_community" target="_blank" rel="noopener noreferrer nofollow">Telegram</a> channel and 3.7 million on its <a href="https://x.com/realDogsHouse" target="_blank" rel="noopener noreferrer nofollow">X</a>.
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 <figure class="aligncenter size-full is-resized"><img decoding="async" width="768" height="420" src="https://image.coinpedia.org/wp-content/uploads/2024/09/05183951/image-115.png" alt="dogs-community" class="wp-image-347579" style="width: 100%;height:auto" srcset="https://image.coinpedia.org/wp-content/uploads/2024/09/05183951/image-115.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183951/image-115-300x164.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/09/05183951/image-115-150x82.png 150w" sizes="(max-width: 768px) 100vw, 768px">
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The project also had a big community airdrop. Many airdrop participants likely started selling their tokens immediately, further suppressing Dogs’ price action.&nbsp;
And then factoring in the bearish market conditions, it’s no surprise that Dogs has slumped since its launch in late August.
But the question becomes – can it recover?&nbsp;
Its price chart indicates it may have found a bottom. It has started trading sideways around $0.001, which one trader on X deems as a breakout pattern.
The trader also noted that Dogs can perform well alongside Toncoin. So, should we see TON rally, Dogs could also start to climb.
<a href="https://twitter.com/mandalaangel/status/1831355684174405963" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/mandalaangel/status/1831355684174405963</a>
And considering its community size, it certainly looks like Dogs can recover.&nbsp;
But while Dogs has been crashing, traders have been rotating to a new meme coin.
It’s called Pepe Unchained and is currently undergoing a presale, where it is seeing massive success.
<h2 class="wp-block-heading" id="h-new-meme-coin-to-watch-pepe-unchained-raises-12m-for-l2-blockchain">New Meme Coin to Watch: Pepe Unchained Raises $12M for L2 Blockchain</h2>
Traders are wasting no time with <a href="https://coinpedia.care/b_pepeunchained-en_98081?referrer=dogs-price-tanks-30-in-a-week-as-traders-switch-to-this-promising-new-meme-coin" target="_blank" rel="noopener noreferrer nofollow">Pepe Unchained</a>.
It’s undergoing a presale and has already raised almost $12 million. That’s some serious investment, especially considering the broader market’s current difficulties.
While traders shy away from other cryptos, they pour into the Pepe Unchained presale.
<figure class="wp-block-image size-full"><img decoding="async" width="1024" height="582" src="https://image.coinpedia.org/wp-content/uploads/2024/09/05184248/image-117.png" alt="pepe-unchained" class="wp-image-347582" srcset="https://image.coinpedia.org/wp-content/uploads/2024/09/05184248/image-117.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/09/05184248/image-117-300x171.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/09/05184248/image-117-768x437.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/09/05184248/image-117-150x85.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
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As its name suggests, Pepe Unchained is inspired by the iconic Pepe coin.
But it takes things much further than your average Pepe imitation. It’s launching its own Ethereum layer 2 blockchain.
Imagine a blockchain – designed solely for meme coins – that is also cheaper and 100x faster than Ethereum. That’ll be the “Pepe Chain.”
And they’re committed to making this a legitimate layer 2. It’ll also have staking, a block explorer, and a dedicated Ethereum bridge.
Some of the industry’s top-rising traders are infatuated.
Umar Khan from 99Bitcoins says it’ll be “the next Pepe” and thinks he could generate 100x gains on his money.
“It has 100x potential – it’s a great Pepe alternative and a solid investment opportunity,” he said.
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 <div class="wp-block-embed__wrapper"><iframe title="This Crypto is the Next Pepe Coin?! (100X GEM?!) Pepe Unchained" width="1220" height="686" src="https://www.youtube.com/embed/Eq-EtOLgzy8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Today, investors can buy Pepe Unchained at the discounted presale price of&nbsp; $0.0094982.
However, the price will rise throughout the campaign, with the next increase in under one day.
<a href="https://coinpedia.care/b_pepeunchained-en_98081?referrer=dogs-price-tanks-30-in-a-week-as-traders-switch-to-this-promising-new-meme-coin" target="_blank" rel="noopener noreferrer nofollow">Visit Pepe Unchained Presale</a>

Dogs Price Tanks 30% in a Week as Traders Switch to This Promising New Meme Coin

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