Although the project's listing is surrounded by a certain excitement in the crypto community, there are several crucial factors to consider while evaluating the DOGS project's investment potential.
Potential risks
Little is known about the DOGS project's developers, which raises concerns about its transparency.The token's rapid listing on major exchanges and large airdrop could potentially cause significant volatility in its early trading days.The bearish price action prior to launch and massive token unlock (502.48 billion tokens representing 91.4% of supply) on 26 August highlights profit booking risks once the token goes live on exchanges.As long as the token's success hinges on continued utility within the Telegram ecosystem, community engagement remains uncertain as the token enters the broader market.Potential upsides:DOGS token has quickly amassed a community of over 53 million users, many of whom are eligible for the upcoming airdrop.The token's unique "Dogenomics" allocates 81.5% to the community, with 73% for Telegram OGs, which could drive adoption.DOGS token has already secured listings on major exchanges.Telegram premium subscribers receive additional rewards and bonuses, enhancing their engagement within the DOGS ecosystem.Any crypto investment is a risk, and you need to remember it when deciding to invest in new projects or participate in airdrops. Always do thorough research before investing in DOGS or any other cryptocurrency.
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.
TON performed better than most of the market as the protocol restarted its blockchain.
Most major tokens were in the red, including AI tokens which had been riding high on anticipation of strong Nvidia earnings.
Toncoin (TON) has trimmed some of its losses as the blockchain restarted after a nearly five-hour downtime
Though the downtime was partially blamed on the popularity of the DOGS airdrop, part of the Ton Foundation's way to raise awareness of what it believes is the unjust arrest of Pavel Durov, it wasn't a 'dog day afternoon' for the protocol's native token.
Long-term DOGS price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Based on the historical price movements of DOGS and the BTC halving cycles, the yearly low DOGS price prediction for 2025 is estimated at $ 0.001242. Meanwhile, the price of DOGS is predicted to reach as high as $ 0.00593 next year. Using the same basis, here is the DOGS price prediction for each year up until 2030.
Year Yearly Low Yearly High 2025 $ 0.001242 $ 0.00593 2026 $ 0.001033 $ 0.003324 2027 $ 0.001134 $ 0.002341 2028 $ 0.001683 $ 0.003993 2029 $ 0.003242 $ 0.008071 2030 $ 0.0032 $ 0.005188 DOGS price prediction 2025 The DOGS price prediction for 2025 is currently between $ 0.001242 on the lower end and $ 0.00593 on the high end. Compared to today’s price, DOGS could gain 374.10% by 2025 if DOGS reaches the upper price target.
DOGS price prediction 2030 The DOGS price prediction for 2030 is currently between $ 0.0032 on the lower end and $ 0.005188 on the high end. Compared to today’s price, DOGS could gain 314.74% by 2030 if it reaches the upper price target.
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
Cryptocurrencies suffered substantial losses as the U.S. business day came to a close, with bitcoin (BTC) tumbling below $59,000 and Ethereum's ether (ETH) losing almost 10%. Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500
But Ban not Imminent: Reports One report said that India's Information Technology Ministry asked the Nation's Home Ministry for an update on where things stand in the Indian context and if there are any violations in India after Telegram CEO Pavel Durov was arrested in France.
on Profit Taking as SafePal’s SPF Gets Points BoostQCP Capital noted an increase in call spread buying with the selling of calls marked for the $100,000 per bitcoin level. The strategy suggesting a generally bullish mood, but not an explosive move higher in the short term.
Could be Free by October, Polymarket Bettors A press release from French prosecutors said he could be released Wednesday, but the market isn't confident he'll be out by then.
Telegram CEO Pavel Durov Could be Free by October, Polymarket Bettors A press release from French prosecutors said he could be released Wednesday, but the market isn't confident he'll be out by then.
price hovering around $58,800 on Aug. 20, the average short-term holder (STH) — those who have held Bitcoin for less than 155 days — is now holding their coins in an “unrealized loss” position. $BTC #