DOGS Coin Price Rises After Binance Announcement

Bittime - DOGS, a growing meme coin on the TON blockchain, has seen a significant price increase following the recent announcement from Binance about new trading opportunities. 

The crypto market has been abuzz with enthusiastic investors anticipating potential profits associated with this development. Check out the complete news here!

Binance Expands Offerings for DOGS

Binance, one of the crypto exchanges has announced plans to introduce a new DOGSUSD COIN-M perpetual contract. These contracts will offer up to 20x leverage, giving traders greater exposure to potential price movements. 

Additionally, Binance Futures plans to launch USD-margined perpetual contracts for NULS and DOGS, offering up to 75x leverage.

In another important development, Binance Launchpool has included DOGS in its farming program. Users can now farm DOGS by planting BNB and FDUSD tokens. 

This strategic move highlights Binance's commitment to diversifying its offerings and providing users with innovative trading opportunities.

Also read: Binance Futures Listing $DOGSUSD COIN-M Perpetual Contract

DOGS Price Analysis

DOGS price has shown a strong bullish trend in recent days, coinciding with the positive sentiment surrounding Binance's announcement. 

The token has experienced a significant increase, breaking through a major resistance level and showing its potential for further growth.

Technical Analysis

- Moving Average Convergence Divergence (MACD): The MACD line is currently showing a slight bearish intersection with its signal line, indicating a possible short-term price correction. However, the overall trend remains bullish.

- Relative Strength Index (RSI): The RSI is around 51, indicating neutral market conditions. This indicates that the price is neither overbought nor oversold, and can continue to fluctuate within a certain range.

DOGS Price Prediction

Based on current market dynamics and technical analysis, DOGS prices have the potential to continue rising. If it can break the $0.0015 level, the price can rise to $0.0017 and even $0.002. However, it is important to remember that the crypto market is highly volatile, and prices can fluctuate rapidly.

Conclusion

Binance's announcement has boosted investor interest in DOGS, leading to a significant price increase. With the introduction of new trading opportunities and further profit potential, DOGS is poised to make waves in the crypto market. 

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. 

Learn How to Buy Crypto on Bittime.

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