Crypto Trader Nets 400% Profit from DOGS Token Despite Market Downturn

• Trader’s savvy moves turned $18.4K DOGS investment into $77.3K amid crypto market dip.  
• DOGS token surges post-listing on major exchanges, driving 400% ROI for strategic trader.  
• DOGS, a Telegram-native token, gains traction with key listings, sparking market optimism.

A savvy cryptocurrency trader has made a significant profit by trading DOGS, a meme coin that has recently captured the crypto community’s attention. Leveraging the token’s surge in popularity and major exchange listings, the trader successfully turned an initial investment of $18.4k into a remarkable $77.3k, marking a 400% return on investment. 

This windfall comes at a time when the broader crypto market has experienced a dip, showcasing the potential for gains even in volatile conditions.

The DOGS token has been a focal point of industry trends recently, especially following its listing on major centralized exchanges (CEXs) on August 26. The token’s entry into the marketplace had initially been through decentralized exchanges (DEXs), where it began trading hours before its official listing on CEXs. This early trading window allowed traders to capitalize on the token’s momentum.

According to data from Lookonchain, the crypto trader’s strategic approach to buying and selling DOGS tokens across DEXs and CEXs played a crucial role in realizing substantial profits. Initially, the trader acquired 55.9 million DOGS tokens for approximately $18.4k, using 3,271 TON for the purchase. 

Shortly after, the trader sold 20 million of these tokens for 6,150 TON, amounting to roughly $34.6k. The remaining 35.9 million DOGS tokens were then deposited on CEXs, where the trader capitalized on the price surge, ultimately netting a total of $77.3k.

The rapid profit generated by the DOGS token has sparked positive reactions within the crypto community. Enthusiasts are now closely monitoring the token’s price movements, anticipating further growth fueled by ongoing market optimism and the momentum generated by its recent listings. 

The DOGS token was priced at $0.00013 at the time of the initial transaction, and as of press time, it has risen to $0.001216, marking a 3% increase in a short span.

DOGS is not just a meme coin but also a native token within the Telegram ecosystem, with applications extending to non-fungible tokens (NFTs) and other functionalities. 

The token’s listing on prominent platforms, including OKX, Gate.io, Bybit, and notably Binance as the 57th protocol in their launchpool, has been a key factor in its recent price movements and the trader’s successful profit.