DOGS is a memecoin project integrated as a mini-app on Telegram, allowing users to receive DOGS coins for free with just a few simple steps. DOGS’s design is inspired by the dog Spotty, drawn by Pavel Durov – CEO of Telegram, during a charity auction for an orphanage in Russia in 2011.
Thanks to its funny appearance and special meaning, Spotty quickly became a favorite symbol of the user community on the social network VKontakte (VK) in Russia. Thereby, DOGS was born to honor the Spotty image and bring the Telegram community an interesting, cohesive memecoin project.
Read More: DOGS Memecoin Review: Telegram’s Memecoin Project listed on Binance Launchpool
Read More: Meme Coin DOGS Is Now Gaining Attention In The Community With Its Binance Listing
The initial DOGS token listing and TGE period is August 20, 2024. After that, the project was rescheduled to extend the claim time for users, specifically on August 23, 2024, and continued to be delayed until August 26.
Currently, the market is in a sideway phase and there are no explosive trends yet, so this promises to be a good time for DOGS listing price to reach everyone’s general expectations.
The project’s tokenomics is allocated to the community a lot (81.5%) in addition to 8.5% for liquidity and the team only keeps 10% and is locked for 12 months and no VCs are participating in investing in this project so the token almost belongs to the community and is not manipulated by the team and VCs.
Initial distribution will be about 90% for the community (81.5%) and liquidity (8.5%).
With such a large initial token allocation to the community, it is understandable that there will be a large-scale airdrop dump taking place on exchanges that will negatively affect the DOGS listing price.
But in the long term, this is a project that is quite similar to NOT – a previous successful case study that pulled the entire TON ecosystem forward; the DOGS project could be the next memecoin pillar of the ecosystem TON.
Currently, DOGS listing prices on pre-market exchanges such as Gate, OKX, and Kucoin and is being traded at prices ranging from $0.002.
With 50 million users, it is quickly becoming the leading meme coin and Telegram bot, second only to Hamster Kombat. Experts predict that the DOGS listing price could rise to $0.008 or even $0.023 in TGE. Estimates indicate that the DOGS price could increase from $0.003065 to $0.00672 by the end of the year.
DOGS listing price is difficult to say at present, but it can be predicted that the price range of 0.0018 to 0.002 is the price that DOGS can achieve.
CoinCu assessed that DOGS memecoin is a Telegram-based project that quickly attracted community attention with its innovative airdrop program and impressive growth rate. Enthusiastic user support and rapid scalability highlight the project’s potential.
Currently, exchanges such as OKX, Gate, and Kucoin are trading pre-market at prices from 0.0018 to 0.002.
It also depends on many factors, such as the number of DOGS you own or whether your investment vision is long-term or short-term. So when TGE dumps very strongly, you might take advantage of selling first and then buying back later at a better price.
Could the launch of DOGS not affect the price of FDUSD at all and only slightly affect the price of BNB due to many investors buying BNB to participate in Binance Launchpool?
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. |
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