DOGS (DOGS) is a new memecoin built on the TON blockchain, quickly gaining popularity due to its association with Telegram and its viral marketing strategy. It is inspired by a doodle of a dog named Spotty, created by Telegram founder Pavel Durov during a charity auction.
The token has attracted significant attention, especially with its upcoming listings on major exchanges like KuCoin on August 20, 2024. DOGS is designed to leverage the Telegram community, offering rewards through its app and integrating game-like features to enhance user engagement.
The project has seen rapid growth, with over 6 million airdrop claims and a community of 16 million Telegram users. It’s positioned as a leading tap-to-earn memecoin, similar to games like Hamster Kombat. The total supply is 550 billion DOGS tokens, with 81.5% allocated to the community, primarily through early Telegram users. The $DOGS tokenomics, or Dogenomics, emphasize accessibility, with no lock-up periods for the community tokens, while a smaller portion is reserved for liquidity and the development team.
With its strong community backing and high-profile exchange listings, DOGS has garnered speculation regarding its market potential, which would further boost its visibility and liquidity.
