DOGS token sets memecoin record with 17M users on open network.

The newly launched Dog Token could have staged the largest Token Generation Event (TGE) in memecoin history.

More than 17 million users have claimed their DOGS tokens, a memecoin project on the Open Network inspired by Telegram co-founder Pavel Durov's drawing of a dog.

Dogs mini app has more than 53 million users, of which 42.2 million are eligible for token weather, making it “the biggest meme TGE in the history of cryptocurrency”, on September 10 by Toon Community Telegram post.

“The DOG token is now held by 4.5M unique wallets on TONS, putting it in a unique position – it has the most unique token holdings on any chain, and achieved this in just 2 weeks. Only USDt on TRON and Ethereum have more owners than DOGS.”

Although this number of holdings is impressive for memecoin, it is very small compared to leading cryptocurrencies. For example, Ether (ETH) alone has more than 273 million unique addresses, according to data from Ycharts.

Memecoin received high investor interest after the TGE, which led to two major dog breaks on the ton.

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Even big airdrops for Hamster Kombat and Catizen?

Despite the successful launch of the Dogs token, the Toon community expects more impact in the upcoming Hamster Kombat and Catizen airdrops.

According to Toon Community Post, the two airdrops could arrive as soon as this September:

“In September, we expect even bigger TGEs for Katzen and Hamster Kombat, which could bring tens or hundreds of millions of users to the blockchain for the first time.”

In early August, Hamster Kombat, the Telegram-based viral clicker game, released more details about the much-anticipated airdrop, a week after the game hit 300 million players, billed as the “biggest in crypto history.”

In terms of value, the BONK token hosted the largest memecoin airdrop, distributing more than $1.3 million worth of tokens to the public, making it the seventh largest airdrop in the entire crypto space, according to CoinGecko data.

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Telegram-based mini-apps are a “Trojan horse” for mass blockchain adoption.

The crypto industry is increasingly riding on the potential of Telegram-based mini-applications.

According to Justin Yun, director of investments at the Ton Foundation, Telegram's mini-apps could be a “Trojan horse” for mass blockchain adoption.

That's because onboarding the next 500 million users will require apps that are simple to “use properly,” explained Hyun.

But to bring 500 million people on the chain by 2028 – that's our goal – the user on the front end will be looking for blockchain related issues.

Justin Hyun talks about the mechanics of mini apps. Source: YouTube

Ton launched a $115 million community incentive program on March 20, with $38 million for token mining and user incentives, $22 million for airdrops, $15 million for the league developer ecosystem, and $40 million for liquidity pool incentives.

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