DOGS (DOGS) rose 5.38% in the last 24 hours.

Gate News Bot news, July 21, according to CoinMarketCap, as of the time of writing, DOGS (DOGS) is currently priced at $0.00016704, with a rise of 5.38% in the last 24 hours, peaking at $0.00017018 and dropping to a low of $0.00013825. The current market capitalization is approximately $8.63 million, an increase of $4.4 million compared to yesterday.

DOGS is the first and most popular memecoin token on Telegram, based on the TON blockchain. It currently has over 5.5 million holders and 50 million application users, and has created a Guinness World Record. DOGS can be traded on multiple major exchanges and is supported for use in numerous e-commerce and service platforms. The project also supports multiple charitable organizations through donations.

Important news about DOGS recently:

1️⃣ User base continues to expand The DOGS token has become one of the largest memecoins, with 17 million users. This massive user base provides strong community support and potential market demand for DOGS, which may be an important factor driving its recent price rise.

2️⃣ Record Token Issuance The issuance of the DOGS token has set a new record, demonstrating the market's high attention and enthusiasm for the project. This strong market response may have enhanced investor confidence, thereby supporting the rise in token prices.

3️⃣ Charity Donation Program The DOGS token announced that it will donate $4.5 million worth of unclaimed airdrop tokens to charity. This move not only reflects the project's sense of social responsibility but may also enhance the reputation and recognition of DOGS in the cryptocurrency community, indirectly supporting its market performance.

From a technical perspective, the DOGS token has recently broken through its previous resistance level, showing strong pump momentum. However, considering the high volatility of the memecoin market, investors should remain cautious of potential retracement risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.