December 19, 2024

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Crypto Trader Riding on DOGS Currency Secures a 400% Gain Despite Latest Market Downturn—Discover the Strategy

DOGS Price Plummets 30% Despite High On-chain Activity On TON

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    <p><span style="font-weight: 400;">A successful trade involving DOGS tokens on August 26 led to notable profits for a crypto trader. After transactions across various exchanges both centralized and decentralized, the token has become a focus of industry conversations as anticipations for its listings on major exchanges drove recent spikes, despite a general downtrend in daily figures.</span></p>
    <h2><strong>Substantial Earnings for Crypto Trader with DOGS Token</strong></h2>
    <p><span style="font-weight: 400;">Benefitting from the increasing attention surrounding DOGS, one trader secured remarkable earnings. Lookonchain reports that the trader's profits surpassed 400%, transforming an $18.4k initial investment into $77.3k. These profits were primarily realized through strategic trading on decentralized (DEXs) and shortly thereafter, on centralized exchanges (CEXs).</span></p>

    <p><span style="font-weight: 400;">Beginning with a purchase of 55.9M DOGS for 3271 TON, the equivalent of $18.4k, the trader later sold 20 million tokens for 6150 TON, approximately $34.6k. Eventually cashing out on CEXs, the trader's total profit was an impressive 420%. Holding 35.9 million DOGS—worth $61k—the cumulative return amounted to $77k.</span></p>
    <p><span style="font-weight: 400;">The crypto community responded positively, with many projecting further price increases driven by market optimism and the excitement surrounding exchange listings. The initial trading price for the token was $0.00013, and at the time of this writing, DOGS stands at $0.001216, reflecting a 3% rise.</span></p>
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    <p dir="ltr" lang="en">By leveraging the early availability of <a target="_blank" rel="nofollow" href="https://twitter.com/search?q=%24DOGS&src=ctag&ref_src=twsrc%5Etfw">$DOGS</a> on <a target="_blank" rel="nofollow" href="https://twitter.com/hashtag/DEX?src=hash&ref_src=twsrc%5Etfw">#DEX</a> prior to its <a target="_blank" rel="nofollow" href="https://twitter.com/hashtag/CEX?src=hash&ref_src=twsrc%5Etfw">#CEX</a> listing, a savvy trader locked in over 400% profits!</p>
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    <h2><span style="font-weight: 400;"><strong>Exploring the Hype Around DOGS</strong></span></h2>
    <p><span style="font-weight: 400;">Curiosity and engagement with DOGS have surged lately, not just among traders but within the broader user base. As a native token within Telegram's network, DOGS plays a role in its NFT ecosystem, among other utilities. The recent surge in activity primarily stemmed from announcements of its addition to several centralized exchanges on August 26. These listings include major platforms such as OKX, Gate.io, Bybit, and was notably featured as the 57th protocol in Binance's launchpool.</span></p>

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    <p>Disclaimer: The content herein may reflect the personal opinion of the author and is dependent on market conditions. Do your own research prior to investing in cryptocurrencies. Neither the author nor the publication assumes any responsibility for personal financial loss.</p>
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