DOGS Token on the TON Chain Rallies After Exchange Listings

DOGS (DOGS), the latest meme coin to catch fire, is turning heads on the TON blockchain. But will it continue rallying and hit $0.005, or will it cool off?

A new dog-themed cryptocurrency called DOGS (DOGS) has been making waves on The Open Network (TON) blockchain.

The token, which is inspired by Telegram founder Pavel Durov's pet dog Spotty, has seen a surge in interest following the French authorities' attempt to arrest Durov.

As a show of support, the community has rallied behind the token, driving up its price and trading volume.

DOGS was listed on cryptocurrency exchanges on Monday at around $0.0016, but the token faced some selling pressure early on, dropping to $0.0011 by Tuesday afternoon.

However, the token quickly recovered and surged by 27% from the low.

At one point on Wednesday, DOGS had rallied by 47% before cooling off slightly.

The token is now the 8th most traded cryptocurrency globally, with $1.5 billion in spot volume over the past 24 hours.

This places DOGS ahead of major cryptocurrencies such as XRP, DOGE, and PEPE.

With the token continuing to gain momentum and potentially set for more CEX listings, some investors are speculating on whether DOGS could reach $0.005.

To hit this level, the token would need to rally by another 244%, which would give it a market capitalization of just over $2.5 billion, making it the 4th largest meme coin by market cap.

As the price of DOGS rises, some investors are also keeping an eye on other meme coins that could be due for a pump.

One token that has been mentioned by several YouTubers and influencers is Pepe Unchained (PEPU), a project that aims to create a layer-2 solution for Ethereum.

Pepe Unchained is designed to offer faster and cheaper transactions while maintaining full compatibility with the Ethereum mainnet.

This technical capability gives the token an edge over Ethereum itself.

The project's presale has seen strong demand, with over $11 million being raised so far.

At the time of writing, interested investors can purchase PEPU tokens for $0.0093851, which is expected to be a discount on the eventual DEX listing price.

Pepe Unchained's developers are accepting purchases in ETH, USDT, BNB, and card.

Several YouTubers have highlighted Pepe Unchained as a token to watch, with ClayBro calling it a “must-have meme coin” in a video that has been viewed over 1,000 times in just four days.

Meanwhile, Zach Humphries has described PEPU as having “big potential.”

As the hype builds around Pepe Unchained and the project's layer-2 promises, if the development team can deliver on their vision, then there's a good chance that PEPU could become a meme coin favorite later this year.

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