DOGS Meme Coin Faces Decline - Is Base Dawgz the Next Big Thing?

Friday, 30 August 2024, 19:23

DOGS meme coin is down nearly 11%, raising concerns for investors. As DOGS faces selling pressure, the emerging Base Dawgz could present a better opportunity.
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DOGS Meme Coin Faces Decline - Is Base Dawgz the Next Big Thing?

DOGS Meme Coin Crashes - Cause For Concern?

DOGS had an explosive debut on Binance, with its price seeing an initial 150% uptick. Meanwhile, the DOGS airdrop resulted in an outage on the TON blockchain, with over 40 million investors participating. However, DOGS is now facing substantial selling pressure, trading as low as $0.0012, over 20% below its all-time high.

Market Sentiment on DOGS and Base Dawgz

Experts remain bullish on DOGS in the long term, citing marketing strategy and upcoming utility as key factors. Meanwhile, investors are gearing up for Base Dawgz, set to launch September 4th, aiming for significant returns.

  • Market Weakness: The broader crypto market shows weakness, with Bitcoin falling after PCE data.
  • Opportunities in Meme Coins: Smart investors believe in a DOGS rebound, while others await the Base Dawgz launch.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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