DOGS Tokenomics Analysis during Listing, Can it Compete with Notcoin?

Bittime - Discussion of DOGS tokenomics analysis during listing, is it able to compete with Notcoin? The following is a more complete explanation.

What is DOGS Tokenomics?

Tokenomics is the economic system that underlies a cryptocurrency. This system includes the total token supply, token distribution, inflation or deflation mechanisms, as well as token use in the ecosystem.

Read Also: When is DOGS Listing: Check Here for the Answer

Tokenomics DOGS

The total supply of $DOGS tokens is 550 billion. Token allocation is divided as follows:

73%: For initial distribution to users

10%: For development teams with a disbursement schedule of 12 months.

8.5%: As an incentive for partners and communities.

8.5%: To guarantee liquidity on various trading platforms.

Maximum capitalization at listing: $1.05 billion;

All-time maximum capitalization: $2.96 billion.

Implications of the $DOGS Token Launch

Taken from DOGS X (Twitter) data, here are the implications of the launch of the $DOGS token:

Listing on Leading Exchanges

The $DOGS token has been successfully listed on a number of well-known exchanges such as Bybit, OKX, BingX, Gate, and Bitget, which shows considerable liquidity potential.

Negative Market Sentiment

In contrast to the initial success of the $NOT token, many investors are likely to be skeptical of this new project and are ready to sell their tokens immediately after launch.

Sales Pressure

A possible price drop could trigger panic among investors, prompting them to sell en masse.

Other Utilities

Although $DOGS will be used for NFT sticker platforms, the extent to which this will drive price increases and demand remains to be seen as currently available information is limited.

Read Also: Don't Want to Miss Out: DOGS Token Launching Soon on Bybit!

$DOGS Token Situation Before Listing

After details regarding the token distribution were announced, the price per token plummeted by 60%. 

Even with this drastic drop, the total value of the project still reached a very impressive figure of $1.65 billion when the price per token was at $0.003.

Given these developments, reaching $1 billion in market capitalization for the $DOGS project in its early stages is already a remarkable achievement. For comparison, currently the market capitalization of the $NOT token is at $1.16 billion.

3 Scenario Listing Token $DOGS

There are three possible scenarios when the DOSG token is listed on an exchange:

Ideal Scenario

If the total market value of the project reaches 1 billion dollars with a price per token of 0.0018 dollars, this is a very good result.

Normal Scenario

If the total market value reaches 750 million dollars with a price per token of 0.0014 dollars, this is a quite realistic result.

Bad Scenario

If the total market value only reaches 500 million dollars with a price per token of 0.0009 dollars, this is a less profitable outcome.

Why Are DOGS Price Predictions Higher Than Estimated?

There are several factors that could push the $DOGS token price higher than expected:

Selling Pressure Decreases

If there are technical problems on the exchange, the number of tokens sold will decrease, so the price may rise.

Investor Expectations

Many investors hope that the price of the token will continue to rise, so they tend to hold back the token from selling.

Limited Liquidity

Not all token holders will immediately sell their tokens during listing, so the supply of tokens on the market could be limited and push prices up.

The Role of Market Makers

The actions of market makers can also influence the initial listing price.

Conclusion

The DOGS token has interesting potential, but investors are advised to conduct in-depth research before deciding to invest.

Tokenomics analysis is only one aspect that needs to be considered. To add to the excitement before DOGS Listing, read other articles on the Bittime blog.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.