Telegram's $DOGS Hit After Airdrop — Is It the Binance Launchpool Curse?

Following a massive $550 million airdrop, Telegram-linked DOGS has fallen 30%, sparking concerns about the Binance Launchpool curse. DOGS hit a low of $0.00128 on August 30, down from its initial peak of $0.00180 just four days ago. Despite the drop, DOGS is still up 135% from its initial low.

🔍 Is There Hope For DOGS?

The current consolidation of memecoin shows that some airdrop beneficiaries are holding rather than selling, reflecting the underlying bullish sentiment in the cryptocurrency market. This behavior suggests the possibility of future price increases if the market remains optimistic.

⚠️ Be Careful With The Binance Launchpool Curse

Historically, tokens listed on Binance Launchpool have faced sharp declines after their launch. For example, $SUI fell 35% after its inclusion. It is important for DOGS to maintain the support level at $0.00119 to avoid further declines.

DYOR! #Write2Win #Write&Earn $DOGS