Dogecoin

bullish

DOGS

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<p dir="ltr">Many new altcoins like DOGS, a Toncoin-linked meme coin, display an unusual liquidation trend on the market following recent drawdowns. While the total liquidation is lower than the previous records, DOGS&nbsp;<a href="https://www.coinglass.com/LiquidationData" rel="noopener noreferrer nofollow">bagged</a> a $2.72 million liquidation. This is equivalent to more than 2.4 billion DOGS tokens in 24 hours.</p>
<h2 id="dogs-liquidation">DOGS liquidation</h2>
<p dir="ltr">Liquidation data hints at major exposure to a particular token, which might show how much investors are willing to bet on the asset. Despite being new, DOGS has a high level of exposure, especially from its long traders, who have seen over $1.7 million liquidated thus far. The short DOGS traders have also seen a liquidation of $897,000.</p>
<p dir="ltr">For context, XRP, a more established asset, has recorded less than $800,000, while Dogecoin has bagged just $2.79 million, slightly lower than DOGS.</p>
<p dir="ltr">The interest in DOGS is explainable, considering recent bullish trends around the token. As&nbsp;<a href="https://u.today/dogs-meme-coin-skyrockets-38-in-stunning-jump" rel="noopener noreferrer nofollow">reported</a> earlier by U.Today, the token bagged a series of stunning upticks last week as it soared to an all-time high (ATH) of $0.001644 about five days ago.</p>
<p dir="ltr">Top crypto exchanges that started listing the coin promoted the publicity around it. Crypto.com is among the latest to&nbsp;<a href="https://u.today/ton-based-shiba-inu-shib-rival-listed-on-major-us-exchange" rel="noopener noreferrer nofollow">support DOGS trading</a>, broadening its overall exposure.</p>
<h2 id="dogs-top-100-ascension">DOGS top 100 ascension</h2>
<p dir="ltr">For a meme coin to gain proper adoption, it must survive its hype stage. Just like BONK and PEPE, DOGS comes off as a major success story among its peers thus far this year.</p>
<p dir="ltr">Amid its impressive growth over the past week, the token has&nbsp;<a href="https://u.today/dogs-meme-coin-jumps-into-top-100-cryptos-and-ruins-ton-blockchain" rel="noopener noreferrer nofollow">entered</a> the list of the top 100 digital currencies by market cap. As of press time, it was changing hands for $0.001122, down by 10% in a major gain pare-off.&nbsp;</p>
<p dir="ltr">However, it remains the 94th most-valued asset, with a market capitalization of more than $579 million.</p>

DOGS Pulls Unexpected Stunt in 24-Hour Liquidation

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