Binance Lists DOGS As 57th Launchpool Project

Crypto exchange Binance has announced Dogs (DOGS) as the 57th project on its launchpool. The Ton-based meme coin within the Telegram community will first be listed on the digital asset exchange with trades projected on Aug 26. The launchpool is hailed as a boost to several projects to gain community traction.

Crypto exchange Binance has announced Dogs (DOGS) as the 57th undertaking on its launchpool. The Ton-based meme coin inside the Telegram group will first be listed on the digital asset exchange with trades slated for Aug 26. The launchpool is touted as a aid to numerous projects to obtain group traction.

Binance Launchpool Adds Dogs (DOGS)

Binance Launchpool has included Dogs as its 57th undertaking, including that it’ll turn into the primary platform to listing the token. In an Aug 20 announcement, the exchange famous that buying and selling actions across the token will start on Aug 26 in 4 buying and selling pairs. DOGS might be listed in opposition to USDT, BNB, BUSD and TRY buying and selling pairs.

“IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trade starting on at 2024-08-26 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your research to ensure the safety of your funds!”

The Ton Basis launched Dogs (DOGS) in 2022 because the Telegram group’s meme coin. According to the undertaking’s web site, DOGS goals to turn into a group foreign money inside Telegram, permitting customers to tip one another, purchase particular emojis and entry unique channels. The undertaking additionally goals to construct a decentralized autonomous group (DAO) for group governance.

DOGS might be used for varied functions inside the Telegram ecosystem, together with tipping creators, rewarding group members for his or her contributions and unlocking unique content material. The meme coin can also be used to purchase particular emojis and entry closed channels or teams.

Moreover, DOGS holders might be eligible to participate in group choices by becoming a member of the undertaking’s DAO. The group will resolve on points regarding the undertaking’s improvement, advertising and marketing methods and fund allocation.

As beforehand reported by cryptoSlate, Binance Launchpool has seen a number of launches in 2024, together with Hooked Protocol (HOOK) and Mantle (MNFT). The platform goals to supply a launchpad for promising crypto tasks to realize group help and liquidity.

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