Ever since Dogs coin get listed on the first exchange it value have been on a steady decrease which is somewhat not so interesting for such hyped coin, I thought that the coin will build some positive momentum when it get listed because of the level of the excitement prior to dogs listening in exchange.
I participated in the airdrop not expecting much of it. I knew, just like any other memecoin project, that its chances of surviving in the long run is low however with its hype and the community it has built I was fairly sure that when it gets listed I can get some good profit. But then when it got listed, its price didn’t even reach close to what a lot of us expected.
And since dogs coin value have not done great on the first exchange, there is no gain saying that the next exchange will help the value of the memecoin and I think it may even likely decline down when it got multiple exchange exposure.
People are thinking that the more it gets listed the more reliable it will look like to investors. Some are still holding theirs while some already sold what they held. I think selling it the first time it was launched would have been the best decision.