Memecoin Frenzy: DOGS Takes Flight on Binance Launchpad

Memecoin Frenzy: DOGS Takes Flight on Binance Launchpad

DOGS, a memecoin inspired by Telegram’s mascot Spotty, is set to debut on Binance Launchpad on August 26th, marking a significant milestone for the rapidly growing DOGS Community.

TL;DR

  • Binance Listing: DOGS will be the 57th project on Binance Launchpool, with trading pairs including USDT, BNB, FDUSD, and TRY.
  • Staking Period: Users can stake BNB or FDUSD from August 23rd to 25th to earn DOGS rewards.
  • Community Focus: 81.5% of the total 550 billion DOGS supply is allocated to the community through airdrops and rewards.
  • Explosive Growth: The DOGS Community boasts 50 million active users and 15 million connected wallets, representing a significant portion of the TON Blockchain.

DOGS – More Than Just a Meme Coin

DOGS aims to be more than just another meme coin. The project emphasizes community engagement and social responsibility. Here’s what sets them apart:

  • Fair Token Distribution: Unlike traditional ICOs, DOGS tokens were distributed based on user activity and Telegram account age, promoting community participation.
  • Sticker Platform: This innovative feature allows users to create, customize, and trade dog-themed stickers as NFTs on the TON Blockchain.
  • Social Responsibility: The DOGS Community has raised $300,000 for charitable causes chosen by its members.

The DOGS community has shown overwhelming enthusiasm for the token, with over 8 million verified users requesting airdrops. This surge in interest has led to the extension of the claiming period to accommodate the high demand.

DOGS Tokenomics

  • Community Focus: 81.5% of the total 550 billion DOGS tokens are allocated to the community, with 73% going directly to Telegram OGs who earned DOGS within the app. The remaining 8.5% is reserved for rewards for traders, sticker creators, and future community members.
  • Team and Development: 10% of the token supply is allocated to the team and future development, with a significant portion vested over a 12-month period.
  • Liquidity and Listing: 8.5% of the tokens are set aside for liquidity on centralized and decentralized exchanges, as well as for listing-related events.

How to Claim DOGS Tokens

The claiming process for DOGS tokens is now open. Users can claim their tokens to their Telegram Wallet or a supported centralized exchange. Non-custodial wallet claims will be available starting on August 23rd.

Important Notes:

  • To claim tokens to a non-custodial wallet, users will need to pay a “gas” fee in Toncoin.
  • The claiming process may experience high load, and users may need to try again later if they encounter difficulties.
  • Users can register for accounts on supported exchanges such as Wallet, OKX, and ByBit.

Looking Ahead: DOGS Roadmap

The DOGS Community has an ambitious roadmap for 2024:

  • Q3 2024: Launch the Sticker Platform and integrate $DOGS for in-platform transactions.
  • Q4 2024: Expand customization options, introduce exclusive items, and forge new partnerships in gaming and blockchain.

DOGS’ strong user base, innovative features, and commitment to social responsibility position it as a leader in the evolving world of blockchain-integrated social platforms. The project’s launch on Binance and the upcoming Sticker Platform mark a new chapter in digital interaction, empowering users with greater control and creativity within the blockchain ecosystem.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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