In an unexpected twist, the much-awaited $DOGS token listing has been postponed, stirring up conversations within the cryptocurrency community. Originally planned for August 20th on top exchanges like Bitget, OKX, and ByBit, the delay has fueled more speculation about what the token’s price might be when it finally goes live. However, the excitement hasn't faded—especially with the upcoming airdrop still on track, keeping the momentum around $DOGS strong.
The delay in the DOGS listing was primarily due to an overwhelming response from the community, with over 6 million verified users requesting direct deposits of their $DOGS tokens to various exchanges and the Telegram Wallet. This unprecedented demand highlighted the token's immense popularity and strong community backing, prompting the team to extend the timeline. The delay ensures that all users have ample time to claim their tokens and prepare for the listing, facilitating a smoother and more successful launch.
The delay has added a layer of uncertainty to the speculative price of $DOGS, but it has also intensified interest in the token. Historically, delays in token listings can lead to heightened speculation, as the extended anticipation builds momentum. Here's a look at the latest speculative price predictions:
Pre-Listing Speculative Price: Prior to the announcement of the delay, analysts were predicting an initial listing price of $0.02 to $0.03. With the delay, this range may shift slightly higher, potentially starting around $0.015 as excitement grows.
Airdrop Influence: The upcoming airdrop is still on track, which could bolster the token’s price once it does list. If the airdrop participation exceeds expectations, $DOGS could see an initial surge to around $0.06 to $0.08 upon listing.
Post-Listing Price Movement: Once listed, $DOGS could experience heightened volatility, particularly in the first 24 hours. Some analysts speculate that if trading volume is robust, the token could reach up to $0.025 on the first day. However, the market's response to the delay will be a critical factor in determining its short-term trajectory.
As the new listing date is set for 23rd August 2024, all eyes will be on $DOGS to see how it performs. Investors should keep an eye on updates from the exchanges, as any further delays could impact speculative pricing. Additionally, the upcoming airdrop will be a critical event, potentially setting the stage for $DOGS’ market debut.
Also Read: DOGS Price Prediction: Post-Airdrop and Pre-Listing Analysis