Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
DOGS (DOGS) 24-hour amplitude reaches 105.1%: Telegram-led 6x reduction in TON fees sparks meme explosion in the ecosystem

DOGS (DOGS) 24-hour amplitude reaches 105.1%: Telegram-led 6x reduction in TON fees sparks meme explosion in the ecosystem

Bitget PulseBitget Pulse2026/05/07 07:06
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, DOGS has experienced extreme price fluctuations, surging from a low of $0.0000512 to a high of $0.000105, currently at $0.0000938, with an amplitude as high as 105.1%. The 24-hour trading volume has skyrocketed to $213–294 million, significantly higher than usual.

Brief Analysis of the Abnormal Movement

- Telegram founder Pavel Durov announced a six-fold reduction in TON network fees, and positioned Telegram as the largest validator of TON, replacing TON Foundation as the network leader, directly igniting the TON ecosystem.

- TON price surged 35–36%, driving DOGS and other meme coins to jump by 90–140%, with trading volume peaking at $105 million.

- On-chain activity increased, and Aster DEX launched DOGS/USDT perpetual contracts, further amplifying liquidity.

Market Opinions and Outlook

Market sentiment remains highly optimistic; the community views TON’s “super app” upgrade as a long-term catalyst. FOMO drives predictions that DOGS may challenge $0.00012 in the short term, but risks of high volatility and potential pullbacks are emphasized. Analysts note that continued growth of TON ecosystem users may benefit DOGS, but caution against thin order book manipulation.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.
0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The only bearish analyst turns bullish and upgrades rating! Boeing (BA.US) targets $16 billion in cash flow, launches a $450 "stock price doubling" flight path

"The ongoing uncertainty for Boeing in the post-COVID era has ended," according to Boeing's only former bear who has now turned bullish, predicting that its stock price is expected to double by 2030.

智通财经2026/08/04 04:11
The only bearish analyst turns bullish and upgrades rating! Boeing (BA.US) targets $16 billion in cash flow, launches a $450 "stock price doubling" flight path

Earnings Preview | After the most expensive IPO flop in history, Starship, Starlink, and AI computing power: Who can save SpaceX (SPCX.US) and its trillion-dollar valuation?

After experiencing a brutal sell-off with its stock price halved and over $500 billion in market value evaporated since its public listing, Elon Musk's SpaceX is set to release its first earnings report as a public company after the U.S. markets close on Tuesday, August 4th (Eastern Time).

智通财经2026/08/04 03:51
Earnings Preview | After the most expensive IPO flop in history, Starship, Starlink, and AI computing power: Who can save SpaceX (SPCX.US) and its trillion-dollar valuation?