The Dogs Coin ($DOGS) Airdrop: What to Expect From the Meme Coin Market's Newcomer

The Dogs Coin crypto community made an exciting announcement about a possible listing of its $DOGS token on August 20 on 15 major cryptocurrency exchanges

The Dogs Coin crypto community has announced a possible listing of its $DOGS token on August 20 on 15 major cryptocurrency exchanges, including Budget, OKX, and Bybit. Additionally, a massive 400 Billion DOG tokens airdrop will occur on the same date.

This event marks a significant step forward for DOGS token as it gains visibility within the rapidly expanding meme coin market, enabling it to reach a broader audience. Being highlighted in the ‘Innovation and MEME Zone’ further underscores its potential as a standout and exciting project within the Bitcoin domain.

Nigeria is among the leading countries that have been eagerly anticipating this token. As may be recalled, Nigerians have been enthusiastic about Telegram-based tap-to-earn projects due to the lucrative opportunities they offer. Several initiatives have seen Nigerians tapping and anticipating to earn dollars or naira through platforms ranging from Blum to Hamster Kombat, Notcoin, and TapSwap.

According to the tokenomics released on Telegram, over 42.2 million users will be eligible to claim the airdrop, with an average of 9,500 DOGS per claim. Additionally, $DOGS will introduce tradable and mintable on-chain stickers in the upcoming weeks.

Tokens can be claimed to a non-custodial wallet starting on 20 August, but users will need Toncoin to pay the gas expenses associated with blockchain transactions. Before claiming their $DOGS tokens, users must ensure they have enough Toncoin in their wallets. Toncoin can be bought using Stars or through exchanges.

Speculative Price of $DOGS at Launch

With $DOGS garnering attention over its possible airdrop listing, several analysts have speculated that the price will be around $0.00055. This starting point will take into account the accessibility for early adopters and what the token is capable of.

In the early days of the listing, $DOGS may experience significant volatility. If everything goes well, the popularity could raise $DOGS to $0.00825 per unit, increasing its value by 15 times from the starting point.

However, if there was some sort of price correction following an initial spike, then this cryptocurrency might experience a setback down to about 0.0004125, and that’s when those who were among the first ones will cash out their profits. The decrease represents about 25% against the original figure, which is a normal movement within crypto marketplaces with high price swings.

If $DOGS’ hypothetical dip is followed, market observers speculate it could achieve a new equilibrium around $0.0020625. This price point still represents a significant gain from the initial offering and could attract more investors who initially didn’t get in on the excitement.

DOGS Airdrop Price: Naira vs. USD

Many Nigerians who are interested in this launch are more interested in the equivalent price of the token in USD to NGN (Naira).

With the possibility of one $DOGS being worth 0.055 cents, a fraction of the US cent, and an anticipated launch price of $0.00055, with the current 1600 to $1 rate, Nigerians would earn 0.088 in Nigerian Naira per $DOGS airdrop token.

Therefore, if the value increases to $0.00825, Nigerians will likely make ₦13.2 per dollar.

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