Memecoin $DOGS Surges with 8M Users, Set for Binance Launchpool and Major Exchange Listings

August 22, 2024
Memecoin $DOGS Surges with 8M Users, Set for Binance Launchpool and Major Exchange Listings
  • The $DOGS token, part of a popular project on the Ton blockchain, has gained significant traction within the Telegram community, boasting over 8 million verified users who have claimed their airdrop.

  • As the 57th project in Binance's Launchpool program, DOGS is notable for being the first memecoin featured, highlighting its growing appeal in the cryptocurrency market.

  • With a community of 53 million users, DOGS Token blends humor, culture, and finance, enhancing its attractiveness to a diverse audience.

  • A substantial 81.5% of the total supply of 550 billion DOGS tokens is allocated to the community, with 73% specifically for long-time Telegram users.

  • The tokenomics of DOGS is community-driven, rewarding users based on the age and activity of their Telegram accounts, which fosters engagement.

  • The staking process for DOGS tokens will commence on August 23, 2024, allowing users to lock their BNB and FDUSD tokens in separate pools for 72 hours.

  • Trading for DOGS is set to begin on August 26, 2024, at 12:00 UTC, with multiple trading pairs available, including DOGS/USDT and DOGS/BNB.

  • To celebrate the launch, Bybit is offering promotions with a total prize pool of 3.41 billion DOGS, running from August 19 to September 9, 2024.

  • DOGS Token has secured listings on 15 exchanges, including major platforms like Gate.io and KuCoin, indicating strong market interest.

  • Analysts predict that the price of DOGS could peak at $0.00825 before stabilizing around $0.0020625, driven by community enthusiasm and recent exchange listings.

  • The development team will receive 10% of the total supply, which will be locked in a 12-month vesting period, ensuring long-term commitment.

  • In addition to its trading features, the DOGS project incorporates a play-to-earn gaming model and unique Bitcoin Ordinal NFTs, broadening its appeal beyond traditional crypto investments.

Summary based on 4 sources


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Sources

$DOGS Token Launches on Bybit: What Traders Should Know

Bitcoin Dogs triple exchange listing is happening today


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