Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»DOGS – AMBCrypto
ALTCOIN NEWS

DOGS – AMBCrypto

By Crypto FlexsSeptember 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DOGS – AMBCrypto
Share
Facebook Twitter LinkedIn Pinterest Email
  • DOGS ranked third in number of owners.
  • Market indicators show that the token will recover.

The Dogs (DOGS) token is quickly gaining popularity, currently ranking third in terms of holders, behind USDT and ETH.

DOGS has seen incredible growth since its launch on Telegram’s TON blockchain, with over 17 million token claims and 4.5 million unique wallets holding the tokens.

Inspired by Pavel Durov’s dog drawings, this memecoin quickly became one of the most widely held tokens in cryptocurrency history.

With 1.1 million daily active users and a peak daily transaction volume of 14.4 million, DOGS has set records in terms of user engagement.

Source: TonViewer

As September progresses, TON anticipates a larger token generation event (TGE), potentially bringing millions of new users to the network.

This rapid growth may present technical challenges, but we are focused on scaling and problem-solving to support mass adoption.

Price fluctuations of tokens within the range

Looking at the price movement of DOGS, the DOGS/USDT pair is currently in a bearish trend since the token launch.

After an initial surge followed by consolidation and another surge, the token began a downtrend, hitting a low of $0.0009233.

It traded within a sideways range throughout September, suggesting a bottom may have been found.

Source: TradingView

If the token holds above $0.0009233, there is a chance that the price will rise and reach the previous high of $0.00166, which would represent a 72% increase.

However, if the price breaks below this key support level, the situation will need to be re-evaluated to determine the next price target.

Trading volume and OI funding ratio

DOGS’s volume and open interest (OI) also provide positive signals. The volume has been strong in September, with today’s volume at $859.24 million at a price of $0.0011.

Current open interest stands at $124.57 million, indicating growing interest in the token, especially after many traders sold their tokens following the airdrop.

The OI weighted funding ratio currently stands at 0.0069%, signaling that holders are paying traders to liquidate their positions. This dynamic suggests a balance between long-term holders and short-term traders.

Source: Coinglass

Comparison with USDT & ETH

Compared to USDT and ETH, DOGS shows strong liquidity. The volume to market cap ratio is 53.63%, suggesting that DOGS has enough liquidity to support increased trading activity.

These high ratios generally indicate strong investor interest, which may lead to more volatile price movements.

Source: Coinpare

Although the DOGS token has a small market cap compared to its competitors, its liquidity and growing user base could potentially allow the price to recover as selling pressure following the initial airdrop subsides.

As DOGS gain popularity in the market, their price may increase.

Next: ICP Price Prediction: Will $19 Be Next After 20% Rise?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Gala Games Hosts Live Town Hall and Launches New NFT Launch

June 21, 2024

Polymarket traders think there’s a more than 70% chance of a 25 basis point cut at the Fed’s next rate decision.

September 3, 2024

Solana (SOL) sees red. What is the price?

February 27, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.