What Is DOGS Crypto:
A Complete Guide on TON Meme Coin

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Time to read: 6 min

The cryptocurrency community is anticipating updates on DOGS, a new Telegram-native meme coin inspired by Spotty, the mascot of VKontakte (VK). The project is preparing for a pivotal moment: its listing on several popular cryptocurrency exchanges. This article explores what is known about the DOGS listing and the future initiatives planned for this meme coin.

What Is the DOGS Meme Coin?

DOGS is a new meme coin rooted in the Telegram community and inspired by Spotty, a mascot created by Pavel Durov. The project focuses on creating a fun, engaging, and charitable ecosystem within the crypto space.

The Vision Behind DOGS

Spotty, the unofficial emblem of VK, gained prominence after Pavel Durov, VK's founder and Telegram's CEO, created the character during a charity auction to support orphanages. The DOGS project brings this legacy into the cryptocurrency world, aiming to foster a vibrant community while supporting charitable causes. One such initiative is the 'Stars for DOGS' feature, which converts in-app stars into real-world donations.

DOGS Community Growth

Since its inception, DOGS has seen remarkable community engagement. Within its first three days, 10 million users joined the DOGS Telegram group, a number that grew to 20 million in just ten days. Additionally, 53 million users have interacted with the @dogshouse_bot, and over 1.5 million have subscribed to the project on X (formerly Twitter). Engagement tools like the DOGS sticker pack have enhanced user interaction, while the 'Stars for DOGS' campaign successfully raised 23,813,064 stars for charity.

Tokenomics and Distribution

DOGS is designed with community-centric tokenomics. The total supply is fixed at 550 billion tokens, with no new supply creation planned. The distribution is as follows:

  • 81.5% is allocated to the community through app-based activities and rewards.
  • 10% is reserved for ongoing development and future initiatives.
  • 8.5% is set aside for liquidity on various exchanges to ensure stability and tradeability.

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Insights on the DOGS Listing

The anticipated listing of DOGS on major cryptocurrency exchanges is a key milestone reflecting its growth and acceptance. DOGS is scheduled to be listed on several high-profile platforms, including Binance, ByBit, Bitget, and Gate.io. Official trading is set to begin on August 26th. The project aims to provide immediate liquidity with no locks or vesting periods, allowing users full control over their tokens from the outset.

How to Buy DOGS

If you are interested in acquiring DOGS, follow these steps:

  1. Purchase Toncoin (TON) with fiat currency on a platform like Switchere.com using a credit card, bank transfer, or mobile payment service.
  2. Set up a TON-compatible wallet, such as Tonkeeper, to manage and store your tokens.
  3. Use your purchased TON to swap for DOGS tokens on StonFi or DeDust once the coin is live.

Future Initiatives

DOGS has laid out ambitious plans to expand its influence and utility. The roadmap includes listings on both decentralized and centralized exchanges to enhance liquidity and accessibility. The project will also launch extensive reward programs, including airdrops, to incentivize community participation. Further plans involve introducing DOGS-themed NFT meme stickers that can be minted and traded on-chain, adding a new layer of interactivity. Finally, DOGS intends to extend its charity initiatives globally, reinforcing its commitment to making a positive impact.

Conclusion

DOGS is more than just another meme coin; it is a project built on the combined power of community and charitable action. With its unique origin story, rapid community growth, and a future geared towards enhancing utility, DOGS is poised to become a prominent player in the TON ecosystem.

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Disclaimer

This information is provided for informational purposes only and is not intended as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, experience level, and risk appetite. Please conduct your own research and due diligence on the services provided by online cryptocurrency exchange platforms.

FAQ

  • What is the DOGS meme coin?

    DOGS is a Telegram-native meme coin inspired by Spotty, the mascot of the social network VKontakte (VK), created by Pavel Durov. It aims to build a community-focused ecosystem on the TON blockchain with a strong emphasis on charitable initiatives.

  • When will the DOGS token be listed?

    The official listing for DOGS is scheduled for August 26th. It is expected to be available for trading on several major exchanges, including Binance, ByBit, Bitget, and Gate.io.

  • What is the total supply of DOGS tokens?

    The total supply of DOGS is capped at 550 billion tokens. The project has stated that no new tokens will be created, ensuring a fixed supply.

  • How can I buy DOGS?

    To buy DOGS, you first need to acquire Toncoin (TON). Then, set up a TON-compatible wallet, such as Tonkeeper, and swap your TON for DOGS on a decentralized exchange like StonFi or DeDust after the token goes live.

  • Is DOGS a good investment?

    Like any cryptocurrency, investing in DOGS carries risk. While its strong community support and connection to the TON ecosystem are positive factors, potential investors should conduct their own research and consider their personal risk tolerance before making any investment decisions.

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