Introduction
Staying updated with the latest cryptocurrency prices is crucial for informed decision-making in the dynamic digital asset space. DOGS (DOGS) is a token that has garnered attention, operating on The Open Network (TON) platform. This guide provides a comprehensive overview of the DOGS token, including its live price, historical performance, key metrics, and essential details for those interested in the project.
DOGS Live Price and Market Data
The live price of DOGS is $0.0001234 per token (DOGS/USD). This value is updated in real-time to reflect the most current market conditions.
Key market metrics provide a snapshot of the token's current status:
- Market Capitalization: $64,630,961.83
- 24-Hour Trading Volume: $2,714,554,092
- Circulating Supply: 516,750,000,000 DOGS
- Total Supply: 550,000,000,000 DOGS
Over the past 24 hours, the price has seen a change of -0.88%. The seven-day performance shows a change of -1.59%, indicating recent market activity and sentiment.
Historical Price Performance and Analysis
Understanding past performance can offer context, though it is never a guarantee of future results. The following data illustrates the percentage change in the DOGS price over different time frames:
- Last 7 Days: -1.59%
- Last 30 Days: -19.08%
- Last 60 Days: -18.6%
- Last 90 Days: -2.45%
This historical view shows periods of volatility, which is characteristic of many digital assets. Analyzing these trends can help investors understand the token's market cycles.
What Is the DOGS Token?
DOGS (DOGS) is a cryptocurrency built on the TON blockchain. The TON platform is known for its scalability and high transaction speeds, aiming to support a wide variety of decentralized applications and assets.
Key tokenomics of DOGS include a total supply of 550 billion tokens, with approximately 516.75 billion currently in circulation. The project is actively traded, with its last known price at $0.0001234 and trading activity occurring on numerous active markets. For the most direct updates from the source, individuals often refer to the project's official communication channels.
How to Acquire DOGS Tokens
For those interested in acquiring DOGS, the process typically involves using a cryptocurrency exchange. Many centralized exchanges support trading pairs for DOGS, allowing users to trade major fiat currencies (like USD or EUR) or other cryptocurrencies for it.
The general process involves:
- Selecting a reputable exchange that lists DOGS.
- Creating and verifying an account.
- Depositing funds (fiat or crypto).
- Executing a trade for DOGS.
It is highly advisable to conduct thorough research on any exchange before use, ensuring it aligns with your security and regulatory requirements.
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Understanding Market Volatility and Risk
Cryptocurrency investments are inherently volatile. Prices can fluctuate rapidly and significantly due to a wide range of factors, including market sentiment, technological developments, regulatory news, and macroeconomic trends.
- Volatility: The high volatility means potential for both gains and losses. The value of an investment can decrease just as quickly as it can increase.
- Personal Responsibility: Investors are solely responsible for their investment decisions. It is crucial to only invest what you can afford to lose.
- Information Sources: Price data and related information are often aggregated from third-party sources. While efforts are made to ensure accuracy, the reliability of this data cannot be guaranteed 100%.
This information is provided for educational and informational purposes only and should not be construed as financial advice or a recommendation to invest.
Frequently Asked Questions
What is the current price of DOGS?
The live price of DOGS is $0.0001234 per token, with real-time updates reflecting the latest market trades. Market cap and trading volume are also key metrics to watch.
How can I buy DOGS tokens?
You can purchase DOGS on several cryptocurrency exchanges that offer it. The process usually involves creating an exchange account, depositing funds, and then placing a buy order for DOGS using a supported trading pair, such as DOGS/USDT or DOGS/USDC.
What blockchain is DOGS built on?
The DOGS token operates on The Open Network (TON) blockchain. TON is designed for fast transactions and high scalability, supporting a broad ecosystem of decentralized applications.
Is investing in DOGS considered high risk?
Like all cryptocurrencies, investing in DOGS carries a high degree of risk due to extreme market volatility. Prices can change dramatically in a short period. Potential investors should perform extensive independent research and consider their risk tolerance before allocating any capital.
Where can I find more information about the DOGS project?
Project updates and official announcements are typically made through the team's designated communication channels. Always ensure you are referring to official sources to avoid misinformation.
What does the circulating supply mean?
Circulating supply refers to the number of tokens that are publicly available and circulating in the market. It is a key factor, along with price, in calculating a cryptocurrency's market capitalization.