As a seasoned researcher with a penchant for all things blockchain and cryptocurrency, I must admit that the upcoming launch of DOGS on August 23, 2024, has piqued my interest significantly. The pre-market trading volumes on platforms like Bitget, KuCoin, and Gate.io are reminiscent of the early days of Bitcoin, a time when every new coin seemed to hold the promise of a digital gold rush.
On August 23, 2024, it’s anticipated that the value of DOGS token will surge to a market capitalization of approximately $550 million, with trading volumes exceeding $4 million on exchanges like Bitget and others prior to its official launch.
There’s been noticeable enthusiasm among forward-thinking investors towards trading the TON blockchain-linked memecoin, DOGS, before the market opens. This has caught the eye of many observers. Notably, active trading is being seen on platforms such as Bitget, KuCoin, and Gate.io, where at this preliminary stage, DOGS is being traded around $0.001.
Prior to its launch, Bitget recorded more than $4 million in trading volume using Tether (USDT) for DOGS, as stated by a representative from Bitget. The unique community-oriented approach of DOGS, which reserves 81.5% of its 550 billion token supply for users, has generated significant excitement around the platform. Since its launch last month, this strategy has also drawn in over 53 million users, with more than 42 million being eligible for airdrops.
Dogs, our project, is designed to integrate seamlessly with the vibe of the Telegram community; it’s more than just a meme-based cryptocurrency. The core philosophy behind “Dogenomics” revolves around rewarding active participants who contribute significantly, be they traders, sticker creators, or any other valuable contributors.
As the August 23 listing day nears, it’s expected that DOGS will significantly impact the market. The pre-listing buzz and active community participation suggest a promising debut, with many experts forecasting that the token could swiftly reach a market capitalization of $550 million.
Amidst the buzz about dogs as a meme topic, another digital currency called BinanceDog On Sol (DOGS) has experienced a surge, climbing over 60%. It’s important to note that BinanceDog On Sol and the DOGS coin based on TONs are separate entities.
The Telegram community for DOGS (presumably a digital currency or token) has seen a lot of activity, boasting more than six million verified members who are asking for airdrops via approved exchanges and the Telegram wallet app. The deadline to make these airdrop requests is August 21, while claims using non-custodial wallets need to be submitted by 8 am UTC on August 23.
As a researcher, I’m excited about the impending listing of DOGS, which represents a significant step forward in harnessing the surging interest in TON-empowered Telegram mini-apps. With robust pre-market trading and a strong backing from the community, DOGS is poised to leave an indelible mark on the cryptocurrency landscape.
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2024-08-20 18:14