BPOI Banner
What to Know About DOGS Meme Coin Ahead of Major Exchanges Listing What to Know About DOGS Meme Coin Ahead of Major Exchanges Listing

What to Know About DOGS Meme Coin Ahead of Listing

DOGS, a meme coin tied to the Telegram community, will be officially available on major exchanges starting August 26. The upcoming event has generated a lot of hype, especially among messenger users, where the project first gained traction.

Here are key things you need to know before DOGS starts trading.

Telegram Meme Coin DOGS Starts Trading Tomorrow

DOGS, a meme coin linked to the Telegram messenger, will begin trading tomorrow on major platforms like Bybit, OKX, and Gate.io. Inspired by “Spotty,” a mascot created by Telegram founder Pavel Durov, the project quickly gained traction, especially after being featured in Binance’s 57th Launchpool.

The team initially scheduled the DOGS listing for August 20th. The decision to push back the listing came in response to overwhelming community demand. 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.

Read more: What Are Telegram Mini Apps? A Guide for Crypto Beginners

DOGS Interface

Unlike other meme coin projects, DOGS provides 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. 

DOGS allocation
DOGS Allocation. Source: Cryptorank

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 begun sharing a range of price predictions. Early estimates suggest the token could start trading at approximately $0.0005.

Read more: Top 7 Telegram Tap-to-Earn Games to Play in 2024

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.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Daria Krasnova

https://beincrypto.com/what-to-know-about-dogs-meme-coin/

2024-08-25 18:33:41

bitcoin
Bitcoin (BTC) $ 67,556.10 1.65%
ethereum
Ethereum (ETH) $ 2,614.01 0.97%
tether
Tether (USDT) $ 1.00 0.15%
bnb
BNB (BNB) $ 600.62 1.68%
solana
Solana (SOL) $ 153.89 0.32%
usd-coin
USDC (USDC) $ 1.00 0.12%
xrp
XRP (XRP) $ 0.549393 1.64%
staked-ether
Lido Staked Ether (STETH) $ 2,612.74 0.98%
dogecoin
Dogecoin (DOGE) $ 0.126723 11.25%
tron
TRON (TRX) $ 0.159945 0.74%
the-open-network
Toncoin (TON) $ 5.23 0.96%
cardano
Cardano (ADA) $ 0.354157 0.13%
avalanche-2
Avalanche (AVAX) $ 27.91 0.35%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 4.42%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,091.94 1.40%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,435.07 1.77%
weth
WETH (WETH) $ 2,615.13 1.11%
bitcoin-cash
Bitcoin Cash (BCH) $ 362.59 2.84%
chainlink
Chainlink (LINK) $ 11.25 0.18%
polkadot
Polkadot (DOT) $ 4.32 0.75%
near
NEAR Protocol (NEAR) $ 4.98 0.04%
dai
Dai (DAI) $ 1.00 0.10%
sui
Sui (SUI) $ 2.11 4.50%
uniswap
Uniswap (UNI) $ 7.61 2.43%
leo-token
LEO Token (LEO) $ 6.10 0.80%
litecoin
Litecoin (LTC) $ 69.94 0.40%
aptos
Aptos (APT) $ 9.99 3.44%
pepe
Pepe (PEPE) $ 0.000011 4.54%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,745.50 0.99%
bittensor
Bittensor (TAO) $ 581.98 1.70%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.44 0.39%
internet-computer
Internet Computer (ICP) $ 7.92 0.85%
kaspa
Kaspa (KAS) $ 0.130825 1.81%
ethereum-classic
Ethereum Classic (ETC) $ 19.44 1.36%
first-digital-usd
First Digital USD (FDUSD) $ 0.998913 0.14%
monero
Monero (XMR) $ 156.26 2.48%
stellar
Stellar (XLM) $ 0.094989 2.55%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.37072 0.75%
blockstack
Stacks (STX) $ 1.85 3.67%
dogwifcoin
dogwifhat (WIF) $ 2.66 3.32%
immutable-x
Immutable (IMX) $ 1.53 1.33%
okb
OKB (OKB) $ 41.16 0.37%
ethena-usde
Ethena USDe (USDE) $ 0.999404 0.06%
whitebit
WhiteBIT Coin (WBT) $ 16.35 0.12%
aave
Aave (AAVE) $ 156.81 0.56%
filecoin
Filecoin (FIL) $ 3.77 0.98%
optimism
Optimism (OP) $ 1.74 1.99%
crypto-com-chain
Cronos (CRO) $ 0.079123 2.76%
render-token
Render (RENDER) $ 5.39 0.42%
fantom
Fantom (FTM) $ 0.747951 1.72%