Introduction to DOGS (DOGS) Token
DOGS Token is a memecoin built on The Open Network (TON) blockchain, designed to resonate with Telegram users by integrating seamlessly with the platform. Inspired by "Spotty," a beloved meme character created by Pavel Durov, DOGS Token leverages meme culture to create an engaging and fun experience for its community. With a growing user base of over 50 million and a strong focus on community-driven initiatives, $DOGS has become one of the fastest-growing dog-themed memecoins, following in the footsteps of Dogecoin and Shiba Inu. It is also one of the most viral Telegram mini-apps, after Hamster Kombat and TapSwap, positioning itself as a significant player in the memecoin space, especially within the Telegram ecosystem.
How DOGS (DOGS) Telegram Bot Works
DOGS Token is designed to reward active Telegram users through its interactive mini-app on the platform. Here's a breakdown of how you can get involved:
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Collect DOGS Tokens: By interacting with the DOGS Telegram bot, users can earn tokens based on the age and activity of their Telegram accounts. Telegram Premium subscribers and long-standing users ("OGs") receive additional bonuses, making this a true community-centric token.
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Community Engagement: DOGS thrives on active community participation. Users are encouraged to join Telegram channels, invite friends, and complete tasks within the DOGS ecosystem to boost their token earnings.
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Token Listing: The anticipated listing of DOGS Token on exchanges is expected to open up trading opportunities, with platforms like KuCoin already featuring pre-market trading.
Trade DOGS (DOGS) on KuCoin pre-market before the token’s official launch in the spot market.
How to Earn DOGS Coins on DOGS Telegram Bot
To earn DOGS (DOGS) tokens on the DOGS Telegram bot, you can participate in various activities that reward you with a specific number of tokens. Here’s a breakdown of how you can accumulate DOGS tokens:
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Inviting Friends: Each time you invite five friends to join the DOGS Telegram bot, you can earn 20,000 DOGS. This referral program is one of the most effective ways to boost your DOGS balance.
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Connecting Your Wallet: By linking your TON-compatible wallet, e.g., Tonkeeper, to the DOGS bot, you can receive an additional 1,000 DOGS. This step is crucial for managing and withdrawing your tokens later on.
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Subscribing to the Social Channels: Subscribing to DOGS-related Telegram channels or following DOGS on social media platforms like X (formerly Twitter) can earn you small bonuses, such as 100 DOGS for subscribing to channels and 1,000 DOGS for following DOGS on X.
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Active Community Participation: Being active in the DOGS Telegram community can earn you 50 DOGS as a reward for your engagement and contributions.
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Joining Other Telegram Mini App Communities: You can also earn DOGS coins as rewards for joining the official Telegram communities and X accounts of partnering Telegram-based apps, including Notcoin and Blum. For instance, subscribing to the Notcoin or Blum Telegram channels can earn you 50 DOGS each. Notcoin users get bonus DOGS - gold users can earn 4,200 DOGS, while platinum users can earn 20,000 DOGS as bonus.
How to Participate in DOGS (DOGS) Airdrop
One of the most engaging aspects of DOGS Token is the upcoming airdrop, designed to reward loyal Telegram users. The DOGS (DOGS) tokenomics has not been fully disclosed yet, but the team is expected to emphasize community ownership, with the majority of tokens allocated to the community rather than to team members or investors, reducing the risk of insider trading. There are no locks or vesting periods, allowing holders to use or trade their tokens immediately after the airdrop, which could lead to short-term volatility. DOGS will have a fixed supply, designed to create scarcity and potentially increase the token's value over time. The project is expected to integrate closely with Telegram, offering various utilities within the platform, although specific details are yet to be disclosed
Here's how you can participate in the $DOGS airdrop campaign until August 14, 2024:
Step 1: Join the $DOGS Airdrop
Open Telegram and search for the official DOGS bot (@dogshouse_bot). Start the bot, which will assess your Telegram account's age and activity level to determine your eligibility. Premium subscribers and long-time users will receive higher rewards.
Step 2: Earn More Through Referrals
Share your referral link with friends to invite them to join the DOGS community. Each successful referral can increase your airdrop allocation.
Step 3: Stay Updated
Follow the DOGS Telegram channel and other official social media platforms for the latest information on the airdrop and token launch.
Read more: DOGS (DOGS) Airdrop Guide and Listing Date: All You Need to Know
When Will DOGS (DOGS) Token Be Launched?
The official Token Generation Event (TGE) and listing date for DOGS (DOGS) have been confirmed. The DOGS token will be listed on multiple exchanges on August 20, 2024, with spot trading set to open at 12:00 PM (UTC), 23 August, on KuCoin.
How to Buy and Sell DOGS (DOGS) Crypto
At the time of writing, the DOGS token is yet to launch officially on the spot market. However, you can buy and sell DOGS on KuCoin pre-market trading platform. To buy and sell DOGS (DOGS) on KuCoin's pre-market, you'll need to follow these steps:
Buying DOGS Tokens
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Create or Accept an Order: As a buyer, you can either create a buy order by specifying the amount and price you wish to pay or find an existing sell order that matches your criteria.
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Secure Collateral: You'll need to pay a collateral amount when placing or accepting an order. This collateral is held to ensure that both parties fulfill their obligations.
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Wait for Delivery: Once a seller matches your order, you’ll have to wait until the token is officially listed on KuCoin. After the listing, the seller must deliver the tokens within the agreed timeframe, at which point they will be transferred to your account.
Selling DOGS Tokens
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Create or Accept a Sell Order: As a seller, you can create a sell order with your desired price and quantity or accept an existing buy order.
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Secure Collateral: Similar to buying, you'll need to pay a collateral amount when placing or accepting a sell order.
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Deliver Tokens: After a buyer matches your order, you must deliver the DOGS tokens within the specified time once they are listed on KuCoin. Failure to do so will result in the loss of your collateral.
Important Considerations
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Delivery Timeline: It’s crucial to adhere to the agreed delivery timeline. Missing the delivery can result in forfeiture of your collateral.
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Risk Awareness: Pre-market trading involves certain risks, including potential discrepancies between pre-market and official listing prices. Ensure you understand these risks before trading.
Here’s more information on how crypto pre-market trading works.
How to Withdraw DOGS Tokens
You can withdraw your DOGS tokens to your crypto wallet after the token generation event (TGE). Here’s a simple guide to help you withdraw $DOGS to your TON wallet after the official token launch:
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Connect a Wallet: You’ll need to link your TON-compatible wallet to the DOGS Telegram bot.
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Initiate Withdrawal: Use the bot to initiate the withdrawal process by entering your wallet address and the number of tokens you wish to withdraw.
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Verify the Transaction: Confirm the transaction in your wallet. Note that token distribution is expected to begin after the official Token Generation Event (TGE).
Conclusion
DOGS Token presents a notable opportunity within the memecoin space, particularly for those actively engaged on Telegram. Its integration with Telegram and the rewarding of community participation make it an attractive option for users looking to explore meme-based cryptocurrencies. However, it's essential to approach this project with caution. The memecoin market is highly volatile, and the value of DOGS tokens could fluctuate significantly. Always conduct thorough research and be mindful of the risks involved before making any investment decisions. Keep track of the airdrop and token listing to stay informed about the project's developments.
Further Reading
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What Is Pepe Miner Telegram Bot and How to Mine PEPE In It?
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What Is Hamster Kombat? A Guide to the Trending Telegram Crypto Game
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What Is Notcoin (NOT)? The Emerging GameFi Star in the TON Ecosystem
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Exploring Catizen: A Cat-Raising Crypto Game in the TON Ecosystem