Will $DOGS Continue to Fall as Investors Rush to Pepe Unchained’s Presale, Surging Past $12M?

Dogs Crypto Price Declines Amidst Market Volatility

Despite gaining initial momentum, Dogs, a meme coin launched on the TON Network, has experienced a steady price decline. The token launched on August 26th with a significant airdrop, reaching over 42 million Telegram users. However, the price has struggled to maintain its bullish momentum.

Current Market Status

As of now, $DOGS trades at $0.00104 with a market capitalization of $540 million and a 24-hour trading volume of $490 million. The token has seen a 3.63% price decline in the past 24 hours and a 19.85% drop over the past week.

Technical Outlook

Technically, $DOGS has faced resistance levels and struggled to maintain bullishness. If the price continues its decline, the next support range is projected to be between $0.00085 and $0.00072.

Market Outlook

The overall market sentiment remains bearish, with Bitcoin faltering and limited optimism for a swift recovery in $DOGS' price. Whale sales and the upcoming release of additional tokens may further contribute to downward pressure.

Pepe Unchained: A Potential Alternative

Amidst the challenges faced by Dogs, investors are shifting their attention towards Pepe Unchained, a meme coin currently in presale. Pepe Unchained aims to revolutionize the space with its own Layer-2 blockchain, offering lower fees and faster transaction speeds.

Pepe Unchained Presale

Since launching its presale on June 16th, Pepe Unchained has secured over $12.3 million. Investors can purchase $PEPU tokens at a reduced price of $0.0095362 during the presale. The project has passed audits and offers staking rewards with a 165% annual percentage yield (APY).

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