DOGS, an emerging meme coin on the TON blockchain, saw its price rise significantly following Binance’s latest announcement. Binance plans to introduce DOGSUSD COIN-M perpetual contract and support up to 20 times leverage, which increases the market’s investment enthusiasm. Despite the recent price fluctuations of DOGS, the overall price remains in an upward trend, and trading volume has increased significantly, reflecting the market's strong interest in the currency.

Key points

- DOGS is a meme coin on the TON blockchain, and its recent performance has attracted the attention of cryptocurrency enthusiasts.

- Binance will launch the DOGSUSD COIN-M perpetual contract that supports 20x leverage to expand its product line.

- Binance Futures plans to launch a USD margin perpetual contract that supports NULS and DOGS with 75x leverage.

- The price of DOGS has fluctuated violently recently, but overall it still shows an upward trend.

- The 4-hour technical indicator for DOGS is showing signs of a possible downside move in the near term.

- If DOGS breaks the $0.0015 resistance, a continuation to $0.0017 or $0.002 is possible.

- Although DOGS is highly affected by market sentiment, it is expected to continue to prosper due to strong market interest.