Yes, the price on MEXC was a lot compared to the market price with the several exchanges that have supported the withdrawal of dogs. It's way too much and more than the normal price that it has got during the opening for dogs/usdt.
Some got very lucky I imagine
I also saw that the volume of DOGS of MEXC itself is much smaller than on OKX, for example.
Yeah, it's quite smaller but then the lucky ones where those folks that have transferred it firstly there. But it didn't took long until the price became stable and the same with the others.
It's a legit exchange and people like you that have claimed your dogs on your telegram wallet are the only ones that are able to do it earlier. But now that trades are open and withdrawals too, everyone can move there if they wish to. But as for looking at dogs price there, it has stabilized and closely the same with other exchanges now.
Probably, it’s a marketing move from MEXC team for their platform, since they have listed dogs token, one hour before the promised release time. It’s not only about the price, but the timing they didn’t respect. I believe even Dogs team were referring that only few exchanges are official, and noted to not trade elsewhere. Here is one of their latest posts on Telegram community:
🐶
Official $DOGS listing starts in 35 mins, at 12:00pm UTC today
Binance
Bybit
OKX
Bitget
Gate
You could also exchange your $DOGS in @Wallet, Ston.fi or Dedust.io
Make sure you don't buy $DOGS in other places before 12:00pm UTC. Stay safe.
This post was sent minutes before listing, and minutes after MEXC platform listed earlier than others.
The dogs team should have done this earlier but they cannot stop people if they want to drop on dogs there on mexc and were able to trade for better rates compared to the ones that they've mentioned. MEXC did really messy there but they have prolly planned this before the others launched their trading.