Check the Expected Price of $DOGS Before Airdrop and Listing
The Dogs Coin community has exciting news! They announced that the $DOGS token might get listed on August 20 on 15 big cryptocurrency exchanges like Budget, OKX, and Bybit. They also plan to give away 400 billion DOG tokens on the same day. This news has created a lot of excitement among $DOGS token fans in Nigeria, who are eager to know its price and exchange rate in Naira and USD.
This event is a major milestone for the $DOGS token. It makes the coin more visible in the growing meme coin market, allowing it to reach more people. Being featured in the ‘Innovation and MEME Zone’ shows its potential as a unique and exciting project in the crypto world.
Nigeria is one of the top countries where people are very excited about this token. Nigerians have been very enthusiastic about Telegram-based tap-to-earn projects because they offer many opportunities to earn. They have participated in similar platforms like Blum, Hamster Kombat, Notcoin, and TapSwap, hoping to earn dollars or Naira.
$DOGS Tokenomics
Over 42.2 million users are eligible for the airdrop, with an average of 9,500 DOGS per person. According to information shared on Telegram:
– Total tokens: 550 billion
– 81.5% allocated to the community, with Telegram OGs getting 73%
– 10% reserved for the team and future projects
– 8.5% set aside for listing and liquidity operations
In the coming weeks, $DOGS will also introduce tradable and mintable on-chain stickers. Users can claim their tokens in a non-custodial wallet starting August 20, but they will need Toncoin to cover the gas fees for blockchain transactions. Before claiming $DOGS tokens, users must ensure they have enough Toncoin in their wallets. Toncoin can be bought with Stars or on exchanges.
What Might Be the Launch Price of $DOGS?
With the buzz around the airdrop and potential listing, analysts predict that $DOGS might start trading at around $0.00055. This price takes into account its early accessibility and potential.
In the first few days after listing, $DOGS might see significant price swings. If all goes well, the token could rise to $0.00825 per unit, a 15-fold increase from its starting price.
However, if there’s a price correction after an initial spike, $DOGS could drop to around $0.0004125. This would represent a 25% decrease, which is typical in volatile crypto markets.
If this drop occurs, analysts think $DOGS could stabilize at around $0.0020625. Even at this price, it would still be a good increase from the initial offering, which might attract new investors who missed out initially.
DOGS Airdrop Price: Naira vs. USD
Many Nigerians are more interested in knowing the equivalent price of $DOGS in Naira compared to USD. With a potential starting price of $0.00055 and an exchange rate of 1600 Naira to $1, Nigerians could earn about 0.088 Naira per $DOGS airdrop token. If the price rises to $0.00825, they could earn around ₦13.2 per token.
Conclusion
The launch of $DOGS is a significant event for meme coins, especially for Nigerian crypto enthusiasts. The expected price suggests a good financial opportunity, particularly if $DOGS experiences an uptrend in the weeks after its listing.
However, it’s important to approach crypto with caution. The success of the $DOGS token will depend on continued community support, market conditions, and the project’s ability to meet its goals.