DOGS has dropped about 50x from its peak—a pretty staggering level of decline, to be honest.
But lately, things are getting interesting: the team has started developing a gaming ecosystem and launched a charity project, and there’s a faint uptick in hype. On the technical side, the weekly chart is showing increased volume, and on the daily chart, it’s been holding above the MA30 for the past couple of days, looking like it might be about to turn upward.
The market cap is just over $20 million, so it’s not a big cap. If you ask me, this could be a spot to consider a short-term position—if there’s a rebound, the returns could exceed expectations. Of course, take on risk at your own discretion, and don’t go all in.
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NiangXipi_s
· 1h ago
Weak on the way up, but incredibly strong on the way down.
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ContractCollector
· 4h ago
50x drop? Oh my, this is what a real bloodbath looks like.
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DuckFluff
· 8h ago
A 50x drop sounds hopeless, but with a small market cap, it's indeed easier to bounce back. Taking a gamble might not be a bad idea.
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DegenDreamer
· 8h ago
A 50x drop is outrageous. How bad would things have to get for that to happen?
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GasFeeCrybaby
· 8h ago
50x drop? What a disaster, the early bag holders must be in utter despair.
Wait, gaming ecosystem + charity? Feels like they're about to hype another narrative, I've seen this trick too many times.
Going all in just because MA30 holds? Bro, don't do it. With a $20 million market cap, one big red candle and it's over.
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All-InQueen
· 8h ago
A 50x drop is really brutal, but I've seen a few coins make a comeback from the bottom... The combination of gaming ecosystem + charity is quite something.
DOGS has dropped about 50x from its peak—a pretty staggering level of decline, to be honest.
But lately, things are getting interesting: the team has started developing a gaming ecosystem and launched a charity project, and there’s a faint uptick in hype. On the technical side, the weekly chart is showing increased volume, and on the daily chart, it’s been holding above the MA30 for the past couple of days, looking like it might be about to turn upward.
The market cap is just over $20 million, so it’s not a big cap. If you ask me, this could be a spot to consider a short-term position—if there’s a rebound, the returns could exceed expectations. Of course, take on risk at your own discretion, and don’t go all in.