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DOGS Coin: The New Memecoin Taking the Crypto Market by Storm

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By on August 20, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post DOGS Coin: The New Memecoin Taking the Crypto Market by Storm appeared first on Coinpedia Fintech News

Cryptocurrency with a market cap of $2.15 trillion, is home to over 2.4 million cryptocurrencies, with more being introduced daily. Among them, a new memecoin called ‘Dogs Coin’ is generating significant attention. With a unique distribution method and plans to launch on major exchanges, this new token is already making its name in the memecoin world. 

DOGS Coin: A New Meme Sensation

DOGS Coin, a Telegram-native meme token, is quickly becoming a sensation in the memecoin world. Unlike many other memecoins, DOGS offers more than just a fun theme. It rewards user loyalty and community engagement through its unique distribution method based on Telegram activity. 

Users earn DOGS tokens based on how long their accounts have been registered, with the potential for significant rewards. For instance, a user with a ten-year-old account could receive around 8,000 DOGS tokens.

DOGS Coin Tokenemics 

Built on The Open Network (TON) blockchain, DOGS has already gathered a massive community of over 53 million users. This strong backing is further enhanced by the token’s fixed supply of 550 billion DOGS, creating scarcity that could boost its value over time. 

The majority of DOGS tokens, 81.5%, are allocated to the community, with 73% specifically for Telegram OGs who earned DOGS through the app, and the rest reserved for rewarding traders, sticker creators, and future community members.

Another 10% is set aside for the team and future development, with the majority of these tokens, subject to a 12-month vesting period. Lastly, 8.5% of the tokens are designated for liquidity on centralized and decentralized exchanges, as well as for events related to token listings.

Massive 400 B Airdrop

In a move to further establish its presence, DOGS Coin has planned a massive airdrop of over 400 billion tokens to eligible users, timed with its official listing on 15 major cryptocurrency exchanges, including OKX, CoindCX, KuCoin, Bitget, and Gate.io. 

First in and amongst the first in the world!$DOGS will be listed on the 20th August on CoinDCX in INR & USDT pair #DYOR and make the best use of the INR pair

P.S. You want to WIN $DOGS AirDrop?
Check the quote post #DOGSOnCoinDCX https://t.co/EtPdrXGKpW pic.twitter.com/rNTsrEMp88

— CoinDCX: India’s Safest Crypto Platform (@CoinDCX) August 17, 2024

This widespread availability will make it easier for more people to buy, sell, and trade DOGS tokens, potentially driving its value even higher.

Also Check Out: BRETT, WIF, & FLOKI Prices Surge With Huge Margin Eyes at Another 20% Rise By the Day’s End!

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