DOGS (DOGS) is a new memecoin built on the TON blockchain, quickly gaining popularity due to its association with Telegram and its viral marketing strategy. It is inspired by a doodle of a dog named Spotty, created by Telegram founder Pavel Durov during a charity auction.
The token has attracted significant attention, especially with its upcoming listings on major exchanges like KuCoin on August 20, 2024. DOGS is designed to leverage the Telegram community, offering rewards through its app and integrating game-like features to enhance user engagement.
The project has seen rapid growth, with over 6 million airdrop claims and a community of 16 million Telegram users. It’s positioned as a leading tap-to-earn memecoin, similar to games like Hamster Kombat. The total supply is 550 billion DOGS tokens, with 81.5% allocated to the community, primarily through early Telegram users. The $DOGS tokenomics, or Dogenomics, emphasize accessibility, with no lock-up periods for the community tokens, while a smaller portion is reserved for liquidity and the development team.
With its strong community backing and high-profile exchange listings, DOGS has garnered speculation regarding its market potential, which would further boost its visibility and liquidity.
DOGS (DOGS) is a memecoin designed specifically for the Telegram community, built on The Open Network (TON) blockchain. It operates as a "tap-to-earn" mini-app within Telegram, allowing users to earn tokens based on their activity and the age of their Telegram accounts. The DOGS token distribution model prioritizes community engagement, rewarding long-time and active Telegram users with tokens, which can then be traded, used in in-game features, or held as part of the larger DOGS ecosystem.
The primary ways to earn DOGS include daily check-ins, completing in-game tasks, referring friends, and participating in special events. The tokenomics emphasize community ownership, with the majority of tokens distributed directly to users without vesting schedules or lock-up periods. This approach minimizes the risk of insider trading and pump-and-dump scenarios.
The DOGS project leverages its close integration with Telegram to build a large, engaged community, offering unique features like referral programs, social interaction within the game, and marketplace trading. The project has rapidly gained traction, attracting millions of users and listings on major exchanges.
The DOGS (DOGS) memecoin launched in early July 2024 as a Telegram-native cryptocurrency inspired by "Spotty," a mascot designed by Pavel Durov, the founder of the TON blockchain and Telegram. The project is centered around community engagement and aims to reward long-term Telegram users by distributing DOGS tokens based on account age, activity, and social interactions within the DOGS mini-app.
The DOGS roadmap emphasizes expanding its ecosystem through integrations with other Telegram mini-apps, potential on-chain utilities, and maintaining its strong community-driven approach. The project quickly gained popularity, with millions of users joining within weeks of launch, and has been listed on several major exchanges starting on August 20, 2024.
DOGS was listed for pre-market trading on some crypto exchanges in July 2024, including KuCoin. The project focuses on community engagement and innovative gameplay to attract users. The roadmap for DOGS includes expanding its ecosystem within the TON blockchain, leveraging TON's capabilities for fast and scalable transactions.
The DOGS (DOGS) token is primarily used within the Telegram ecosystem as a community-driven meme coin. Its main applications include:
1. Rewards and Airdrops: DOGS tokens are distributed to users based on factors like account age, activity, and engagement within the Telegram community. Users can also earn additional tokens by completing daily check-ins, participating in referrals, and engaging with community tasks.
2. Meme Sticker Economy: Future developments include the introduction of mintable and tradable meme stickers, which will be powered by the DOGS token, allowing users to buy, sell, and trade these digital assets within Telegram.
3. Community Engagement: The DOGS token is designed to foster a strong community. It serves as a medium of exchange and a way to reward loyal users within Telegram. The community-first approach ensures that the majority of tokens remain in the hands of users, encouraging decentralized control and active participation.
4. Integration with Other Telegram-Based Projects: The token is built on the TON blockchain and is integrated within the broader Telegram ecosystem, allowing it to be used in conjunction with other mini-apps and features, further driving utility and adoption.
5. Trade DOGS on KuCoin: Trade DOGS token against other cryptos listed on the KuCoin Spot Market after you DYOR. You can buy, sell, or HODL $DOGS based on your investment goals and risk tolerance.
The total supply is fixed at 550 billion DOGS tokens. 81.5% of the total supply is reserved for the community. This includes:
> 73% for Telegram OGs: Users who have been active on Telegram and earned DOGS tokens through the bot are prioritized.
> Remaining 8.5%: This portion is allocated for rewarding future community members, traders, and sticker creators.
Other details of the DOGS token allocation include:
> 10% of the supply is allocated to the team and future development. This allocation is locked under a 12-month vesting period to ensure long-term commitment.
> 8.5% of the tokens are set aside for liquidity on centralized and decentralized exchanges (CEXs and DEXs) and for events related to the token listing.
Unlike many other projects, DOGS tokens distributed to the community have no vesting periods, giving holders immediate control over their assets.
The airdrop is free and open to all Telegram users, with the largest rewards reserved for long-term and active members. To participate in the $DOGS airdrop and claim your tokens, follow these steps:
1. Join the DOGS Telegram Bot: Start by searching for the official DOGS bot on Telegram (@dogshouse bot). Once you find it, click "Start" to initiate the process. The bot will assess your Telegram account's age and activity level, which determines your eligibility and the number of DOGS tokens you can receive.
2. Verify Your Telegram Account: The bot will guide you through verifying your Telegram account details. Older and more active accounts, as well as Telegram Premium subscribers, receive higher rewards.
3. Claim Your Tokens: After verification, you can claim your tokens through the bot. Additionally, you can increase your earnings by participating in activities like inviting friends, completing daily check-ins, and engaging with DOGS community channels.
4. Withdraw and Trade Your Tokens: On August 20, 2024, you’ll be able to withdraw your tokens to a TON-compatible wallet or directly to a centralized exchange (CEX). Make sure your wallet is connected ahead of time if you choose to use a non-custodial wallet.
Here’s a detailed DOGS airdrop guide to help you understand how to do this.
Period | Change | Change (%) |
---|---|---|
Today | $-0.000058 | -9.70% |
7 Days | $-0.000075 | -12.21% |
30 Days | $-0.000132 | -19.67% |
3 Months | $-0.000676 | -55.64% |
$DOGS is positioned to capture the attention of both memecoin enthusiasts and those interested in Telegram's growing blockchain ecosystem, offering a blend of community engagement, strategic exchange listings, and innovative tokenomics. However, as with any crypto investment, it's important to consider market risks and volatility. Investing in DOGS (DOGS) offers several potential advantages, particularly for those interested in memecoins and Telegram-based ecosystems.
1. Strong Community Engagement: DOGS is built around a highly engaged community of Telegram users, rewarding long-term participants based on their account age and activity. This community-focused approach encourages retention and organic growth, which can enhance the token’s value over time.
2. High Visibility and Liquidity: DOGS is set to be listed on major exchanges like KuCoin on August 20, 2024. This broad exchange presence improves liquidity and visibility, which are key factors in driving token demand and price appreciation.
3. Innovative Distribution and Airdrop Strategy: DOGS tokens are primarily distributed through airdrops to active Telegram users, providing early investors with a chance to receive tokens before the broader public. This strategy, combined with additional rewards for referrals and premium subscriptions, gives early participants a significant advantage.
4. Integration with the TON Ecosystem: DOGS leverages the TON blockchain, benefiting from its expanding ecosystem and user base. This integration aligns with Telegram’s broader Web3 strategy and could drive long-term adoption of the token.
These factors collectively influence the DOGS crypto price prediction:
1. Community Engagement and Activity: DOGS relies heavily on its large Telegram community, with over 50 million active users. The token distribution is based on Telegram account age and activity, making community participation a key driver of demand and the DOGS to USD price.
2. Exchange Listings and Liquidity: The token’s value is impacted by its availability on major exchanges like KuCoin. Increased liquidity and accessibility through these listings contribute to higher trading volumes and potentially boost the $DOGS price. The upcoming listing on multiple exchanges on August 20, 2024, is expected to further enhance the token’s market presence.
3. Market Sentiment and Speculation: As with many memecoins, speculative trading plays a significant role in DOGS’ price movements. Initial bullish trends, rumors of additional exchange listings, and community excitement have led to price surges, although these gains are subject to high volatility and potential corrections.
4. $DOGS Tokenomics and Distribution Model: DOGS’ tokenomics, with 81.5% of the supply allocated to the community and no lock-up periods, help maintain interest and trust among users. The transparent distribution strategy, which rewards long-time Telegram users and avoids pre-sale investors, reduces the risk of large sell-offs that could destabilize the DOGS token price.
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