As a seasoned analyst with a knack for navigating the crypto wilderness, I must admit, the $DOGS airdrop event has piqued my interest. With my years of experience, I’ve seen countless projects come and go, but the sheer scale of this distribution is something to behold.
The cryptocurrency world is being shaken up by the arrival of DOGS, and its upcoming airdrop event has everyone talking. On August 20, which marks its official listing date, users stand to receive an average of approximately 9,500 $DOGS tokens each. This generous distribution is part of a massive release totaling over 400 billion $DOGS tokens.
Approximately 42.2 million out of the 53 million users who have joined the bot are qualified for the airdrop, as stated by their official Telegram channel. The team working on $DOGS strongly recommends that users verify all crucial details such as total supply, tokens in circulation during the Token Generation Event (TGE), and other significant token metrics before engaging.
If you’ve been eagerly waiting for the launch of the spot market, get ready because it’s set to debut on August 20! To ensure a smooth experience, we recommend that you take the necessary steps to prepare your accounts either on centralized exchanges (CEXs) or through your Telegram Wallets.
In Dogenomics, the distinctive token distribution strategy for $DOGS, emphasizes a community-centric approach. A substantial 81.5% of the total supply is set aside for the community, with 73% going to early Telegram contributors who earned $DOGS via the bot.
As a long-time participant in the crypto market, I find this allocation structure to be quite common and well thought out. The reserved portion for rewarding traders, sticker creators, and future community members is a smart move, as it incentivizes engagement and growth within the community. The team’s 10% share, with a large portion locked in a 12-month vesting period, ensures that they remain committed to the project for the long haul.
The current circulation of $DOGS amounts to 550 billion tokens, and it’s characterized as both a meme and community token that originated on VK and Telegram platforms. In the near future, ownership of $DOGS is expected to be distributed among the people, with plans underway to develop meme stickers that can be created and exchanged through blockchain using $DOGS tokens.
From August 16th, users will be able to start collecting their tokens either via their Telegram wallets or through preferred centralized exchanges (CEX). It’s recommended for those who don’t have an account yet to create one ahead of time and complete any necessary Know Your Customer (KYC) procedures.
Starting from August 20th, you’ll be able to transfer your $DOGS tokens to a non-custodial wallet. However, please note that you’ll need Toncoin to pay for the transaction fees on the blockchain. You can acquire Toncoin through various exchanges or by using Stars. It’s advisable to check and make sure you have sufficient Toncoin in your wallet before you claim your $DOGS tokens.
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2024-08-16 10:33