The DOGS memecoin has made headlines by jumping nearly 23% in just 24 hours with a heavy 24-hour trading volume. Currently trading at $0.001511, DOGS has shown impressive growth following the listing on centralized exchanges.
The token’s market capitalization has climbed to $789 million, highlighting strong investor confidence. Additionally, DOGS has seen a surge in trading activity, with the 24-hour trading volume skyrocketing by 92.23% to reach $2.05 billion. This spike in volume indicates heightened interest and active trading among cryptocurrency enthusiasts.
Market dynamics have been intense, with DOGS experiencing significant liquidations. In the last hour alone, liquidations totaled $519.25K, breaking down into $171.06K from long positions and $348.19K from short positions.
Over the past 24 hours, total liquidations amounted to $8.06 million, including $3.83 million from longs and $4.23 million from shorts. These figures reflect the volatility and rapid movements within the DOGS market.
Since its launch on August 26, the DOGS token has sparked considerable speculation and excitement in the crypto community. The recent surge is partly driven by its availability on major cryptocurrency exchanges such as Bybit, Binance, and OKX. The official DOGS token account, @RealDogsHouse, has also confirmed the listing on their platform, boosting the token’s credibility and appeal.
With its robust market performance and presence on leading exchanges, DOGS memecoin is attracting attention from both new investors and seasoned traders. As the token continues to gain momentum, the crypto community is eagerly watching its next developments and potential growth opportunities.