Crypto exchange KuCoin has announced the upcoming listing of the DOGS (DOGS) token, a popular memecoin within the TON blockchain ecosystem, on its spot trading platform. This highly anticipated event marks another step in DOGS’ expansion following successful listings on other major exchanges. KuCoin users can begin trading DOGS on August 26, 2024, at 20:00 (Hong Kong time), adding another significant milestone for the project.
Quick Take
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DOGS, a popular memecoin on the TON blockchain, will officially begin spot trading on KuCoin at 20:00 (Hong Kong time) on August 26, 2024, following its pre-market listing on August 8.
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DOGS is part of a broader tap-to-earn ecosystem powered by the TON blockchain, and it has gained significant traction, with over 8 million verified users claiming their tokens after a recent airdrop campaign.n.
What Is DOGS (DOGS) Token?
The DOGS token has become a standout in the TON blockchain, attracting significant attention for its tap-to-earn game model. The token allows users to earn rewards through simple tasks performed on their phones or computers. DOGS recently concluded an airdrop campaign that distributed 400 billion tokens to approximately 42 million eligible users, cementing its popularity within the crypto community.
Since the airdrop’s conclusion on August 14, 2024, more than 8 million verified users have already claimed their DOGS tokens. The project’s official Telegram group has also seen an 80% surge in activity, boasting over 16 million members. This growth highlights the community’s strong engagement and the token’s promising potential in the market.
Read more: What Is DOGS (DOGS) Telegram Bot and How to Claim Airdrop?
DOGS will Hit KuCoin Spot Market on August 26, 2024
KuCoin has been among the first platforms to recognize the potential of DOGS and offer early access to the token through its pre-market trading. By providing pre-market opportunities, KuCoin powers investors to acquire DOGS ahead of its official listing. This strategy not only generated initial liquidity but also built momentum leading up to the spot trading launch.
According to KuCoin's announcement, DOGS/USDT trading will be available for investors, allowing users to trade DOGS with the stablecoin. If liquidity and other conditions are met, KuCoin may also introduce other markets, such as futures. As one of the trending coins in the TON ecosystem, the Telegram mini-game community is closely monitoring the token's listing and related activities.
Read more: DOGS (DOGS) Airdrop: Listing and Everything You Need to Know
KuCoin’s Commitment to Supporting New Listings
KuCoin’s approach to integrating new tokens, particularly those within emerging ecosystems like TON, reflects its commitment to staying at the forefront of innovation in the cryptocurrency space. The platform’s robust risk management, proof of reserve assurance, extensive customer support, and liquidity options make it a preferred choice for traders seeking exposure to trending assets like DOGS.
Conclusion
This listing provides an opportunity to engage with a memecoin project that is gaining attention on The Open Network (TON). However, it is important for investors to approach any new investment with caution, particularly given the inherent volatility of memecoinst. While DOGS is attracting interest, it is advisable to conduct thorough research and assess individual risk tolerance before participating in trading activities.
Read more: Top 10 Dog-Themed Memecoins to Watch in 2024
