But one thing that we should all keep in mind is that $DOGS is also a meme coin and meme coins cannot be trusted much. It is also possible that contrary to our hopes happen, like other meme coins, it may also deceive us and our money may be lost. Therefore, we should invest in meme coins only as much as we can bear the loss. If you have got the tokens for free from the airdrop or an event, then there is harm in holding a portion of it and see what happens in the coming days.
I agree with you. Although Dogs has successfully listed on some major exchanges but dogs is a meme coin and the fact that they have airdropped so big makes you have to be careful about investing in dogs. I think most of the participants will try to dump their loot on the market. This will affect the price of dogs for some time to come. I did not participate in their airdrop but I have put dogs on my watchlist.
DOGS is dumping in everyday because millions of airdrop participants wasn’t claimed DOGS tokens before exchanges listing, Now they're claiming and sell their tokens so that's affecting on the DOGS price. Yeah, it’s too risky invest in DOGS, because it’s pretty difficult to predict how much it will dump.