Telegram Meme Coin DOGS Starts Trading Tomorrow
- WBOYOriginal
- 2024-08-26 06:14:19958browse
DOGS, a meme coin linked to the Telegram messenger, will begin trading tomorrow on major platforms like Bybit, OKX, and Gate.io.
A meme coin linked to the Telegram messenger, called DOGS, will start trading on major platforms like Bybit, OKX, and Gate.io on August 26th.
The project, inspired by “Spotty,” a mascot created by Telegram founder Pavel Durov, gained traction after being featured in Binance's 57th Launchpool.
The team initially planned to list DOGS on August 20th, but the huge demand from the community led them to push back the listing.
Despite the delay, excitement remains high with the upcoming airdrop still on track, keeping momentum strong.
“6 million verified users have requested a direct deposit of their $DOGS to exchanges and Telegram Wallet — nothing like this has been seen before in crypto!” the project team shared.
Unlike other meme coin projects, DOGS has real utility within the Telegram ecosystem. It operates on TON blockchain and distributes most of its tokens to long-time, engaged users.
The system rewards them based on the age and activity of their accounts. The DOGS team plans to introduce more features within the messenger, including meme stickers that users can mint and trade on-chain, as well as customizable content.
The token has a fixed supply of 550 billion DOGS. The “Dogenomics” allocates 81.5% of tokens to the community, with 73% reserved for long-time Telegram users, and the remaining portion distributed to traders and future community members.
Since there are no locks or vesting periods, users can trade or use their DOGS immediately after the airdrop.
The team reserved 10% of the total supply for themselves and future development, with most tokens locked in a 12-month vesting period. They also set aside 8.5% for liquidity across centralized and decentralized exchanges and for listing activities.
As excitement builds around the DOGS Token, analysts have shared a range of price predictions. Early estimates suggest the token could start trading at approximately $0.0005.
While these forecasts are speculative, the recent listings on multiple exchanges and strong community interest indicate a promising outlook for DOGS. However, traders and investors should conduct their own research, as meme coins are highly volatile and carry considerable risks.
The above is the detailed content of Telegram Meme Coin DOGS Starts Trading Tomorrow. For more information, please follow other related articles on the PHP Chinese website!