Meme coins have been quite the talk of the town, and the $DOGS Token is on its way to join the talk. Set to enter the market on 26th August, DOGS which is based on the TON (The Open Network) blockchain, will be listed on various major exchanges including Binance, and ByBit.
What is $DOGS Token?
DOGS Token is a meme coin pioneered by Pavel Durov. Creation of the token was inspired by a mascot named “Spotty”, which is Pavel Durov’s favorite mascot. In a charity auction to support orphanages, Durov created Spotty which he would later on use as the DOGS symbol.
This meme coin embodies the unique spirit and culture of the Telegram community. With over 50 million users, DOGS has gained mass popularity due to its seamless integration with Telegram.
The DOGS token allows users to quickly join the community and receive tokens, based on their account age, without the usual hassle of verifications.
According to the DOGS community, there will be no locks or vesting on DOGS, the community will own most of the token, no investors, no new supply ever, and DOGS will have Telegram-native utility.
https://x.com/realDogsHouse/status/1815873343603769839
DOGS Airdrops and Listing
The Dogs Telegram-based meme coin will be listed on various exchanges, with over 15 exchanges confirming the listing. Some of these exchanges include Binance, ByBit, among others.
Recently, Binance announced that it will be offering users an opportunity to farm DOGS by staking BNB and FDUSD. The campaign will provide users with a chance to increase their DOGS holdings.
Currently, there are more than 10.2 million BNB locked for the DOGS Token and TON rewards.
On the other hand, Bybit launched DOGS airdrop with over 3.41billion DOGS to be shared in the prize pool. ByBit will offer these prizes in different DOGS perk packages according to a recent announcement.
DOGS Tokenomics
According to the tokenomics shared within the Telegram community, DOGS will have a total supply of 550 billion tokens. A significant 81.5% of the tokens will be allocated to the community, with 73% specifically reserved for Telegram OGs. An additional 10% is set aside for the team and future development, while 8.5% will be used for liquidity and listing activities.
Could DOGS Be the Next Big Meme Coin?
After Notcoin, DOGS token could be the next token to hit mainstream. Yet to be listed on major exchanges, this meme coin has already gained a lot of attention, with the black and white dog “Spotty” all over the social media.
This Telegram-based meme coin is for sure one to watch out for. You can access the token’s pre-market trading from Gate.io.
