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DOGS (DOGS) fluctuates by 125.7% in 24 hours: TON transaction fees plummet 6 times and trading volume surges 4790% as driving factors

DOGS (DOGS) fluctuates by 125.7% in 24 hours: TON transaction fees plummet 6 times and trading volume surges 4790% as driving factors

Bitget PulseBitget Pulse2026/05/05 16:02
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By:Bitget Pulse

Volatility Overview

In the past 24 hours, DOGS surged from a low of $0.0000343 to a high of $0.0000774, currently quoted at $0.0000585, with an amplitude of 125.7%. Trading volume soared to approximately $308 million, up 4790% compared to the previous period, with clear signs of net capital inflow. Buying pressure dominated, rapidly driving up the price.

Brief Analysis of the Sudden Movement

• TON network transaction fees dropped sixfold, directly stimulating meme coin ecosystem activity, and DOGS fluctuated over 110.5% as a result.

• 24-hour trading volume jumped from the usual millions to the $300 million level, with strong buying interest; DEX and CEX spot trades dominated the volume.

• On-chain activity is moderate, with no significant net outflows recorded, and whales are not exhibiting abnormal concentrated selling behavior.

Market Insights and Outlook

Market sentiment is short-term optimistic. The community regards the TON meme rebound as a major positive, with traders paying close attention to sustained buying and liquidity. Data from leading platforms indicates a neutral-to-bullish environment, but analysts warn of high volatility risks, potential pullbacks after overbuying, and advise caution regarding leveraged liquidations.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for information purposes only.
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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.

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