The new Memecoin is taking the Crypto market by storm.
With a market cap of $2.15 trillion, the cryptocurrency is home to more than 2.4 million currencies that are being added daily. Among them, a new memcoin called ‘Dog Coin' is getting a lot of attention. With a unique distribution method and plans to launch on major exchanges, this new token is already making a name for itself in the world of memecoin.
DOGS COIN: A new meme sensation
DOGS Coin, a Telegram-native meme token, is quickly becoming a sensation in the memecoin world. Unlike many other memecoins, DOGS offers more than just a fun theme. Telegram rewards user loyalty and community engagement with a unique distribution system based on Telegram activity.
Users earn DOGS tokens based on how many times their account is registered, which can earn them significant rewards. For example, a user with a ten-year account can receive up to 8,000 DOGS tokens.
DOGS Coin Tokenemics
Built on the Open Network (TON) blockchain, DOGS has already gathered a large community of over 53 million users. This strong support is further enhanced by the token's fixed supply of 550 billion dogs, which creates a scarcity that can increase its value over time.
The majority of DOGS tokens, 81.5%, are allocated to the community, 73% are specifically earned by Telegram OGs through the app, DOGS, and the rest are reserved for reward merchants, sticker creators, and future community members.
Another 10% is reserved for the team and future growth, most of these tokens are subject to a 12-month grace period. Finally, 8.5% of tokens are allocated for liquidity on centralized and decentralized exchanges as well as events related to token listings.
Huge 400 B Airdrop
In a move to further establish its presence, DOGS Coin holds its official listing on 15 major crypto exchanges, including OKX, CoindCX, KuCoin, Bitget and Gate.io, and plans an airdrop of over 400 billion tokens to eligible users.
This widespread availability will make it easier for more people to buy, sell and trade DOGS tokens, potentially driving the price even higher.