DOGS Memecoin: Listing Schedule Postponed to August 23, 2024

Bittime - On August 19, 2024, DOGS, the newest memecoin aimed specifically at Telegram users, announced changes to its launch schedule. After initially planning to launch sooner, DOGS is now scheduled to begin trading on August 23, 2024. 

Here is everything you need to know about DOGS and what makes this memecoin interesting.

DOGS Memecoin and Its Efforts to Leverage the Telegram Community

DOGS was first introduced on July 9, 2024 as a memecoin strongly connected to Telegram. This project doesn't just want to be known as an ordinary memecoin, but also wants to harness the power of the Telegram community. 

DOGS builds on the legacy of Spotty, the dog mascot introduced by Pavel Durov, founder of Telegram. Spotty is known as Telegram's unofficial logo sticker, and now DOGS is one of the most popular applications on Telegram's MiniApp Store.

DOGS plans to introduce innovative features that can change the way Telegram users interact with the application. By leveraging the Telegram platform, DOGS aims to attract more users and strengthen its community engagement.

DOGS Token Distribution: Free Gift for Telegram Community

One of the things that makes DOGS interesting is its token distribution which is designed specifically for the community. Based on official information, around 81.5% of the total DOGS tokens will be directly distributed to users without any withdrawal limits or lockup periods.

Of this amount, 73% of the tokens will be given to early users active on Telegram, while the rest will be allocated to traders, sticker creators and new members.

DOGS also provides additional incentives by offering rewards to users who link their TON wallets. Currently, more than 16 million Telegram users have registered for initial rewards. 

Tokens allocated to the DOGS development team will be released in stages over 12 months, while community tokens will be available immediately after launch. Additionally, 8.5% of the tokens will be put up for liquidity on various exchanges after listing.

DOGS Tokenomics and Long Term Goals

DOGS has a limited total supply, with 550 billion tokens set and no plans to mint more in the future. The project aims to be “the largest community memecoin,” representing Telegram's dog icon. 

Currently, DOGS has received airdrop claims from around 6 million verified users. This launch delay reflects the community's great enthusiasm and interest in this project.

Airdrop Claim Process and New DOGS Schedule

DOGS will continue to accept airdrop claims until August 21 from exchanges and Telegram wallets. For non-custodial wallets, requests can be submitted until August 23. DOGS trading launch is now scheduled for 12pm UTC on August 23, 2024.

With various innovative features and an attractive token distribution strategy, DOGS strives to create a new standard in the memecoin world and strengthen the Telegram community. 

This schedule change adds to the excitement and excitement, offering crypto enthusiasts an exciting opportunity to get involved in this promising project.

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Learn How to Buy Crypto on Bittime.

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