Источник BeInCrypto.com
Заголовок 190 Billion DOGS Coins Face Decisive Moment After Binance, Coinbase Listing
Дата 20240919

Этим цветом    обозначаются известные системе слова и выражения, принимавшие участие в анализе данного текста, а таким    - идентифицированные, то есть соотнесенные с каким-либо объектом онтологической базы

============= Обработанный текст:
190 Billion DOGS Coins Face Decisive Moment After Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance, Coinbase Listing

Telegram meme coin Dogs (DOGS) has finally been listed on the Coinbase futures
market today. This comes weeks after Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance listed the coin on both the spot
and futures market.

While this listing may spark heightened interest in the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, it
also puts the Telegram coin in a crucial position that could accelerate the
recent upswing or drag it further down.

Coinbase Join Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance in Listing the Telegram Meme Coin

DOGS s Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance listing came on August 26. This was the same day as the
meme coin s Token Generation Event (TGE), on which it airdropped
billions of tokens to Telegram users.

Sponsored

Sponsored

Earlier today, specifically at 9:30 UTC, Coinbase announced that its users can
now trade DOGS, alongside POL (previously MATIC ), in the futures market.

Our POL-PERP and DOGS-PERP markets are now in full-trading mode on Coinbase
International Exchange and Coinbase Advanced. Limit, market, stop, and stop
limit orders are all now available,” Coinbase shared on X,

Following the development, DOGS s price increased , and it currently
trades at $0.00098. Despite the uptrend, the In/Out of Money Around Price
(IOMAP) shows that over 3 million addresses are still holding 190 billion
coins at a loss.

Read more: Top 9 Telegram Channels for Crypto Signals in September 2024 DOGS
In/Out of Money Around Price. Source: IntoTheBlock

As seen above, this cohort purchased the Telegram coin between $0.00098 and
$0.0011. This figure means that 61% of DOGS holders are out of money. A large
chunk of the remaining ratio is at breakeven point while a small number are
holding in profits.

Sponsored

Sponsored

Furthermore, this small number of holders in profit could make it challenging
for DOGS’ price to continue appreciating. Interestingly, the Coins Holding
Time revealed that many investors in the meme coin are not ready to liquidate
at a loss.

Spikes in the Coins Holding Time suggest a high amount of time a
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта has been held without being sold or transacted. A decline, on
the other hand, signifies otherwise. DOGS Coins Holding Time. Source:
IntoTheBlock

From the image above, DOGS’ holding time has increased by over 264% in the
last 30 days. Technically, this is a bullish sign, as reduced selling pressure
could make some of the 190 billion coins profitable.

Sponsored

Sponsored

DOGS Price Prediction: One Zero Is Set to Leave

An assessment of the 2-hour DOGS chart shows that the Awesome Oscillator (AO)
has formed a bullish twin peak. The AO measures momentum, and the bullish twin
peak appears below the zero line, with the second peak significantly higher
than the first.

Furthermore, the peak formation has driven the AO reading into the positive
region, suggesting continued bullish momentum for DOGS . The same timeframe
also shows that the meme coin faces resistance at $0.00097.

However, strong support exists at $0.0094, which could prevent another
decline. Consequently, the current bullish momentum around the token might
prevent it from falling below $0.00094. Instead, DOGS’s price might climb
toward $0.0011.

Read more: 6 Best Exchanges To Buy and Sell Hamster Kombat (HMSTR) in 2024

Sponsored

Sponsored

DOGS 2-Hour Analysis. Source: TradingView

Meanwhile, crypto traders should watch out for the overall mood of the market.
Should the broader market struggle to maintain the upswing, the meme
coin s price could be affected and decrease to $0.00090 might show up
again.

Sponsored

Sponsored

Regarding this potential, Juan Pellicer, Senior Researcher at IntoTheBlock,
mentions that the meme coin could face challenges. Speaking to BeInCrypto,
Pellicer says the airdrop has affected DOGS dynamics.

In contrast to TON’s growing usage, the DOGS token has faced challenges
despite initial hype from its popular airdrop. Currently, 61% of the 4.13
million $DOGS holders are at a loss relative to when they received their
tokens. This suggests that the market’s initial enthusiasm has waned,
Pellicer said.

Best crypto platforms in Europe | September 2024

YouHodler Explore

Wirex App Explore

M2 Explore

Coinbase Explore

BYDFi Explore

Best crypto platforms in Europe | September 2024

YouHodler Explore

Wirex App Explore

M2 Explore

Coinbase Explore

BYDFi Explore

Best crypto platforms in Europe | September 2024

YouHodler

Wirex App

M2

Coinbase

BYDFi

Trusted

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
but market conditions are subject to change without notice. Always conduct
your own research and consult with a professional before making any financial
decisions. Please note that our Terms and Conditions , Privacy Policy , and
Disclaimers have been updated.

============= Итог: 2,5990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Binance


Copyright © 2007-2024 ООО «RelTeam»