DOGS Memecoin Review: Telegram’s Memecoin Project listed on Binance Launchpool

DOGS memecoin has been going viral recently, reaching almost all Telegram users by giving away free DOGS tokens to its users.

Table Of Contents

What is DOGS?
DOGS Airdrop
Tokenomics
Team, Investors and Partner
How to deposit DOGS to CEXs
Binance Launchpool
Conclusion
FAQs

What is DOGS?

DOGS is a memecoin launched on the Telegram platform inspired by Spotty, a dog drawn by Telegram CEO Pavel Durov in a fundraising auction for orphans in Russia in 2011. Spotty later became the mascot of the famous Russian social network Vkontakte.

The project captured the cryptocurrency community’s attention by allowing users to earn tokens based on the age of their Telegram accounts. The memecoin channel reached over 1 million followers in less than 24 hours.

DOGS Airdrop

The most prominent and attractive feature of DOGS is that this memecoin airdrops users based on the age of their Telegram account. This not only helps users receive money but also helps them show their “OG” for this messaging platform.

Airdrop criteria:

Account age: The longer a user’s account is created, the more tokens they will be airdropped.
Activity level: The more frequently an account is active, the more DOGS they will receive.
Premium account: Premium Telegram accounts will receive an additional 300 DOGS.
OG status: Those active on Telegram since the early days will receive OG status and more DOGS.

Tokenomics

Token Metrics

Ticker: $DOGS
Total supply: 550.000.000.000 $DOGS

Token Allocation

81.5% goes to the community (73% for Telegram OGs, 8.5% for traders, sticker creators, and future members )
10% for the team and development (12-month vesting)
8.5% for liquidity and listings

Team, Investors and Partner

Team

There is currently no information about the DOGS memecoin’s team.

Investors and Partner

The project has announced that no VCs will invest in it. In addition, listing all CEXs simultaneously and becoming the 57th Binance Launchpool project shows the team’s connection in the industry.

How to deposit DOGS to CEXs

Step 1: You access @dogshouse_bot, then open the app.

Step 2: On the main interface, you will see the line “Deposit to Exchanges.” Select it, then select Exchanges, then select “Continue.”

Step 3: Select the CEX exchange you want to deposit to, then select “Send here,” and finally, choose “Yes, I have it.”

Note: Binance gives 20,000 $DOGS in FCFS to the first 500,000 people who deposit $DOGS and 10,000 $DOGS to those who follow.

Step 4: In your wallet, fill in the $DOGS deposit address and Memo and then click “Send.”

Binance Launchpool

Binance has launched its 57th project on Binance Launchpool, the DOGS memecoin on Telegram. The platform’s website will be available for 24 hours before the Launchpool begins. Users can stake BNB and FDUSD into separate pools, allowing them to farm DOGS tokens for three days. Farming will start at 2024-08-23 00:00 (UTC)

During the farming period, the daily $DOGS distribution across pools is as follows:

Total daily rewards: 7,333,333,333 DOGS
BNB pool daily rewards: 6,233,333,333 DOGS
FDUSD pool daily rewards: 1,100,000,000 DOGS

Conclusion

DOGS memecoin is a project on Telegram that has quickly attracted the community’s attention thanks to its innovative airdrop program and impressive growth rate. The support from users and rapid growth rate have proven the potential of this project.

CoinCu reviews that by distributing free DOGS memecoin tokens based on the age and activity level of Telegram accounts, the project has effectively leveraged the power of the community to create a solid wave to make a name for itself.

FAQs

1. How are DOGS memecoin airdropped?

DOGS memecoin tokens are airdropped based on the age and activity level of a user’s Telegram account.

2. Which exchanges will DOGS be listed on?

DOGS will be listed on all CEXs, including Binance, OKX, Bybit, and Gate.io.

3. When will the $DOGS list be available?

DOGS will be listed on Bybit, OKX, Bitget, and Binance on August 26.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.