Table of Contents
- 1 DOGS Price Prediction: What to Expect from Its Listing Price
- 2 Comparing $DOGS to $NOT: A Key Reference Point
- 3 $NOT Overview:
- 4 $DOGS Overview:
- 5 Final Price Prediction for $DOGS
- 6 Scenario 1: If Binance Does Not List $DOGS
- 7 Scenario 2: If Binance Lists $DOGS
- 8 Potential Profits Per User
- 9 Conclusion:
- 10 Frequently Asked Questions:
- 11 1. What is $DOGS?
- 12 2. When is $DOGS Listing?
- 13 3. What is the Total Supply of $DOGS?
DOGS Price Prediction: What to Expect from Its Listing Price
The excitement surrounding the $DOGS memecoin is reaching a fever pitch as its highly anticipated listing on August 20 approaches. With a large and active Telegram community eagerly waiting to trade their DOGS points for tokens, the question on everyone’s mind is: what will the initial price of $DOGS be?
Comparing $DOGS to $NOT: A Key Reference Point
To get a clearer picture, it’s helpful to compare $DOGS to another popular token, Notcoin ($NOT), which also created a buzz with its unique Tap-to-Earn concept. Here’s a breakdown:
$NOT Overview:
- Total Supply: 102 billion
- Community Airdrop: Over 80% at Token Generation Event (TGE)
- First Day Market Cap: $700 million
- Fully Diluted Valuation (FDV): $900 million
- Average Listing Price on Day 1: $0.0075
$DOGS Overview:
- Total Supply: 550 billion (nearly five times more than $NOT)
- Community Airdrop: 73% or 401.5 billion tokens
- Initial Circulating Supply: Approximately 85-90% (assuming 90% for calculations)
Given a 90% circulating supply of 495 billion $DOGS, and using $NOT’s first-day FDV of $900 million as a reference, the estimated price for $DOGS could be around $0.0016.
Final Price Prediction for $DOGS
Based on two scenarios, here’s what could unfold:
Scenario 1: If Binance Does Not List $DOGS
- Initial Market Cap on Day 1: $350M – $450M
- Estimated Price: $0.0007 – $0.0009
- FDV: $385M – $495M
Scenario 2: If Binance Lists $DOGS
- Initial Market Cap on Day 1: $650M – $750M
- Estimated Price: $0.0013 – $0.0015
- FDV: $715M – $825M
Potential Profits Per User
What does this mean for the average user? Let’s consider an example where you hold 40,000 tokens, based on a 1:1 conversion ratio from points to tokens:
- If Binance does not list: Your profit could be between $28 and $32.
- If Binance lists: Your profit could increase to between $52 and $60.
Conclusion:
As we edge closer to the listing date, these predictions give a glimpse into the potential value of $DOGS. Whether Binance decides to list it or not will play a crucial role in determining the final price. For now, all eyes are on August 20!
Frequently Asked Questions:
1. What is $DOGS?
$DOGS is a meme coin project that leverages Telegram’s user base for its distribution and utility, focusing on rewarding users based on their Telegram activity.
2. When is $DOGS Listing?
$DOGS is set to list on major exchanges like OKX, Bitget, BingX, and TG Wallet on August 20, 2024.
3. What is the Total Supply of $DOGS?
The total supply of $DOGS is 550 billion tokens.