As a seasoned researcher with a knack for deciphering market trends, I must admit that this recent $DOGS token distribution to Notcoin users is indeed intriguing. The strategic move seems to have ignited a spark of enthusiasm among the recipients, as evidenced by the surge in token price and increased trading volume.
2.75 billion DOGS tokens, roughly equivalent to $3.3 million, were dispersed to around 150,000 Notcoin users. The quantity handed out depended on each user’s involvement and status, giving more active participants a larger share.
For numerous users, this distribution took care of their subscription fees at the Level tier, while also granting them the opportunity to delve into various pools and enjoy additional perks that are not publicly accessible.
In less than a day, the value of $DOGS skyrocketed by almost 7%, reaching a market capitalization of approximately $697.6 million. The coin saw a 24-hour trading volume of about $560.85 million, showing a minimal decrease of around 24%.
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2024-08-31 10:13