It's been a while since the DOGS token has started making headlines. One of the much-anticipated Telegram tokens is announced to be listed on all the major crypto exchanges, including StormGain, and start trading in pairs like DOGS/USDT, DOGS/BNB, DOGS/FDUSD, etc. While many anticipate DOGS to become a new meme coin to explode, there are ambiguous opinions surrounding DOGS airdrop and listing price, mainly caused by Pavel Durov's arrest, the mastermind behind the DOGS token project. So, is the $0.001 DOGS token price plausible? Let's look at the DOGS token price prediction.

What is a DOGS token?

The DOGS token was developed on TON's patented blockchain platform. The project focuses on a community-first approach to ownership, allocating the majority of its tokens to the community rather than to team members or investors. According to DOGS tokenomics, 81.5% of the total supply will be allocated to the community, including 73% reserved for long-term Telegram users who will be rewarded for their age and activity on the platform, thus strengthening community engagement. The project has already caused considerable community excitement, with over 6 million verified users having submitted requests to deposit DOGS tokens to exchanges and Telegram wallets. 

DOGS is a unique project for several reasons: 

• Unlike the previously launched meme tokens, It's the first coin to reach the 50 million holders milestone before the DOGS token listing.
• DOGS launches on the TON blockchain, which is known for its connection to Telegram. Such a connection could fuel substantial hype. 
• Over 80% of the DOGS supply is held by the community, which suggests there will be a reduced likelihood of large sell-offs, and the DOGS token price could stabilise in the long term. 

The peculiarities and distinctive features of the DOGS project could cause a new wave of excitement about the future of the DOGS token price, making it difficult to predict price movements. However, here are several estimates: 

• High Target: $0.10 with a $55 billion market capitalisation.
• Extreme Target: $0.2 with a $100 billion market capitalisation.
• Likely Range: Between $0.04 (with a $22 billion market cap) and $0.07 (with a $38 billion market cap).

DOGS airdrop and listing

Although many assume DOGS is one of those new meme tokens that come and go, we strongly disagree with this statement. DOGS is a meme coin to explode and become a significant player in the cryptocurrency industry.

The DOGS airdrop officially started on 16 August 2024, allowing eligible users to claim their tokens. During the airdrop, over 400 billion DOGS tokens were distributed to 43 million eligible users out of 53 million who joined the official DOGS Telegram bot.

Inspired by the meme "Spotty," created by Pavel Durov, the project's founder, the token will be listed on 15 central exchanges and on StormGain. 

Although the DOGS listing was primarily scheduled for 23 August, it was postponed until 26 August 2024. To celebrate the event, Binance initiated a launch pool for its users, with a quota of 4% DOGS supply, i.e. 22 billion tokens. 

What factors impact the DOGS token price?

Similar to any other crypto price prediction, providing accurate forecasts for the DOGS token price is difficult. Significant volatility could be seen in the first days following the official DOGS listing. Thus, the token could soar to highs of $0.00825 in the early days and stabilise at around $0.0020625.

At the same time, the DOGS token price could be impacted by several factors, like:

• A selling tendency in the community could cause uncertainty surrounding Pavel Durov's arrest. If this happens, the token's price could drop to $0.0001 (from the anticipated DOGS listing price of $0.001).
• On the other hand, the strong community's support could drive positive sentiment and enhance the token's market potential. If such a tendency prevails, the DOGS token price will surge from its listing price of $0.001 to the premarket trading price of $0.02.

DOGS technical analysis

Before launching on centralised exchanges, the DOGS token traded on decentralised platforms. The token's price was bookish, with a spike recorded following the news about DOGS listing on platforms like Binance. The DOGS ecosystem encourages long-term commitment and rewards active members, creating a sustainable and rewarding community environment.

If the rally slows, the TON-based meme coin's price might drop to around $0.0000037 and $0.00000214. But if the price keeps increasing, it could hit resistance at about $0.0000058 and $0.00000712. Once the token is available on exchanges, people might start selling for profit, which could hurt its value.

DOGS/USDT price chart

Trade DOGS
 

DOGS meme token price in 2024

Anticipating the DOGS listing, traders have already started speculating on the potential DOGS token price prediction. The majority agrees to define the "Fully Diluted Valuation" (FDV) near the threshold of $1 billion. By the way, Notcoin reached a similar value during the project's launch in May 2024. There are several scenarios for DOGS token price movements in 2024. If the meme token were listed with an initial FDV of $1 billion, the DOGS token price would be around $0.0018, with a total supply of 550B. In the worst-case scenario, with an FDV of $500 million, the DOGS token price would drop to $0.001.

Is DOGS a good investment?

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. 

DOGS token price prediction for 2024-2050

Following the DOGS listing, the meme token could start trading at $0.00055. In the early days following the listing event, the DOGS token price will be highly volatile, with potential highs reaching around $0.00825 before stabilising at approximately $0.0020625. However, some estimates indicate a possible initial valuation of around $0.0018 based on a fully diluted valuation of $1 billion.

WalletInvestor DOGS token price prediction for 2024, 2025, 2030 and 2040

WalletInvestor offers several price predictions for the DOGS token over the coming years. In 2024, the price is expected to range between $0.002606 and $0.002973, with an average of $0.002790. By 2025, the token could increase, reaching around $0.0057. Looking further ahead, long-term forecasts for 2030 project the price to rise to approximately $0.0097, reflecting steady growth. 

Reddit DOGS meme token price prediction for 2024, 2025 and 2030

The DOGS token community on Reddit has shared their price predictions for the coming years. In 2024, prices are expected to range from a minimum of $0.002606 to a maximum of $0.002973, with Redditors anticipating volatility that could push the price as high as $0.00825 before stabilising around $0.0020625. For 2025, predictions suggest a potential rise to around $0.0057, and by 2030, long-term forecasts indicate a gradual increase, with prices reaching approximately $0.0097.

CoinCodex DOGS token price prediction for 2024, 2025 and 2030 

According to CoinCodex's current DOGS price prediction, the price of DOGS is expected to rise by 228.04%, reaching $0.007001 by 24 September 2024. For 2025, the price prediction ranges from a low of $0.002134 to a high of $0.010085, suggesting a potential gain of 372.51% if DOGS hits the upper target. By 2030, the price is predicted to range between $0.005381 and $0.008724, which could result in a 308.76% increase compared to today's price if the upper target is achieved.

DOGS future forecast in general

The future of DOGS token appears promising but speculative, driven by community engagement, market sentiment, and potential utility within the Telegram community. Analysts predict significant volatility in the early trading days, with initial estimates suggesting a starting price of around $0.00055. Predictions indicate that DOGS could reach highs of approximately $0.00825, with a stabilisation around $0.0020625 as the market matures. The token's unique position as a meme cryptocurrency tied to a large community and its innovative tokenomics contribute to a generally optimistic outlook. However, it remains subject to the inherent risks associated with meme coins.

How high can DOGS go?

Analysts' price predictions for DOGS token vary widely. Some forecasts suggest potential highs of $0.00825 shortly after launch, while others anticipate more conservative estimates around $0.0020625 for stabilisation. The token's trajectory will largely depend on community engagement, market trends, and the success of its airdrop and exchange listings. Users can earn more DOGS tokens through various activities, such as engaging with the Telegram bot, participating in the mini-app, determining account age, making referrals, and determining their subscription status, emphasising the community-driven approach of the DOGS ecosystem.

Start trading DOGS/USDT with StormGain!

The DOGS token has been added to StormGain, where you can trade DOGS / USDT with 300x leverage. Whether you choose the web app or mobile app for trading, we let you use a $50,000 demo account and trading signals to monetise your investments. 

To acquire the DOGS token on StormGain, follow these steps:

1. Create an account: If you don't already have one, sign up for the StormGain platform.
2. Deposit funds: Deposit cryptocurrency or fiat currency into your StormGain wallet to trade for DOGS.
3. Access the trading section: Navigate to the trading section of StormGain, where the DOGS token will be listed.
4. Place an order: Search for DOGS token and place a buy order at your desired price.
5. Withdraw to Wallet: After purchasing, you can withdraw your DOGS tokens to a compatible wallet for safekeeping.

Always ensure you conduct thorough research and consider market conditions before trading or investing in cryptocurrencies.

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