The Nigerian social media landscape has been abuzz with excitement as countless young people shared their newfound wealth from trading the DOGS cryptocurrency.
Many young Nigerians have taken to social media to express their excitement over their newfound wealth from trading the DOGS cryptocurrency.
The buzz on Facebook and X (formerly Twitter) has been palpable, with several users sharing screenshots of their significant earnings in US dollars. These testimonials showcase the success stories of individuals who began trading just a few months ago.
At the heart of this excitement is the DOGS token, which launched on exchanges on August 26. On Telegram and the TON network, on-chain claims are available to millions of users.
However, despite the initial hype, the DOGS token experienced a sharp decline after its debut. Trading at around $0.001182, it was down approximately 32% from its opening price of $0.0018.
Meanwhile, the TON coin, which is closely associated with DOGS, traded at around $5.57, reflecting a nearly 3% drop over the past 24 hours and an 18% decline over the past week.
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