BDOGE Token Rockets 1,000% and This Meme Coin Could Be the Next to Boom – Is the Hype Real?
As Uptober continues to fuel dramatic on-chain moves, Big DOGE token (BDOGE) has skyrocketed +1,000 - but could it be too good to be true?
Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots including APX, FTX, Thing, Jinbe and шайлушай.
Launched at just 15:00 on October 3, the sensational +1,000% upside move has seen few signs of slowing down - and rumour on X is now highlighting why.
Allegations of a token contract that blacklists buyers has sent alarm bells ringing through the on-chain community.
As allegations of a scam erupt on X, a closer investigation reveals this might not be the case - with Big DOGE seemingly passing through most audits and honeypot detectors unchecked.
Indeed, across three audits by TokenSniffer, GoPlus, and Hapi - there has only been two red-flag a 'max sell ratio' detected by TokenSniffer and a 'whitelist function' (note: not blacklist).
Further investigation through a popular honeypot detector also found the token contract to be relatively safe - with no obvious problems flagged.
Overall then, despite the concerns of on-chain traders, rumours of a Big DOGE scam are likely to be false (Although can never be fully ruled out - highlighting the importance of doing your own due diligence).
Amid the allegations BDOGE continues to trade high in the channel, with Big DOGE currently trading at a market price of $0.009257 (representing a 24-hour change of +1,258%).
An ongoing multi-hour struggle with resistance from higher support at $0.0093 will make-or-break technical structure.
A push-high here could see BDOGE climb up to post a new ATH above $0.011, yet, downside risk is significant with the propensity to tumble back down lower support at $0.0078.
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