DOGS Price Prediction Hints Recovery Amid Binance's New Trading Pairs
- WBOYOriginal
- 2024-08-28 00:02:11642browse
DOGS, a Telegram-native meme coin, has recently garnered the attention of crypto participants due to its extreme volatility.
DOGS, a meme coin native to Telegram, has recently caught the attention of crypto participants owing to its extreme volatility. Countering the dull trend of August, this asset witnessed a significant movement yesterday, following the Token Generation Event (TGE) and listing on major exchanges. Here's why the DOGS price prediction hints at a bullish reversal.
DOGS Price Prediction Hints Recovery Amid Binance’s New Trading Pairs
Today, Binance announced the launch of new trading pairs and expanded Trading Bot services. The new trading pairs, including DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC, will be available for trading on August 28, 2024, at 13:00 (UTC).
Moreover, the largest crypto exchange by volume, Binance, will enable Trading Bots services for ETH/EUR, SOL/EUR, 1000SATS/TRY, BONK/TRY, PEPE/TRY, and USDC/USDT, which will be accessible at 13:00 (UTC) the same day.
The introduction of new trading pairs usually enhances market liquidity and presents more trading avenues, potentially driving volatility. Hence, the DOGS price prediction signals a potential dynamic move this week as it becomes easily accessible to different regions, expanding the token's global presence.
DOGE Token Secures Crucial Support
On August 26th, DOGS price prediction showed a sudden crash to $0.0001 following the token unlock of 502.48 billion DOGS, which is 92% of Max Supply. But after its Binance listing, the token quickly rebounded to $0.0012, recovering most of its intraday loss.
The Dog-themed meme coin showcases a minimal intraday increase of 0.02%, bringing its value to $0.0012. The neutral behavior allows buyers to stabilize above the psychological level of $0.001. Amid the new trading pairs by Binance, the token price could rebound by 153% to retest the $0.0031 resistance.
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