Key Points
- Dogs (DOGS) began buying and selling right now on CEXs together with Binance, Bybit, OKX, LBank, and Bitget.
- DOGS’ launch worth was $0.001845.
Dogs (DOGS) TON memecoin born inside the Telegram neighborhood was listed right now on CEXs and on-chain. The token is listed on the next CEXs:
- Binance
- Bybit
- OKX
- LBank
- Bitget
Earlier right now, the Dogs Community shared a post through X saying that on-chain withdrawals had been open and customers may head over to the app and declare their tokens on-chain.
DOGS buying and selling kicked off on CEXs and on-chain at 12 pm (UTC) right now.
Earlier, Telegram Wallet stated that the discharge of DOGS brought on just a few crypto exchanges and a few Wallet features are working much less easily than ordinary, and the Wallet’s change operate is at present unavailable.
Bybit stated that because of a surge in consumer exercise, its app was interrupted for a while, nevertheless it has since resumed.
DOGS’ Launch Surrounded by Uncertainty
The token’s launch right now was surrounded by uncertainty triggered by Telegram CEO Pavel Durrov’s arrest, however the workforce had introduced on Sunday that the challenge would proceed with the worth itemizing on Monday, it doesn’t matter what.
The Dogs Community shared a post through X, saying that they stand with Durov, privateness, and reality.
Telegram founder and CEO, Pavel Durov was detained in France over the weekend, triggering elevated help from the crypto neighborhood and extra.
DOGS Tokenomics
The launch worth for DOGS was $0.001845. The present market cap is round $621 million. The buying and selling quantity since launch is $700 million.
- The coin’s whole provide is 550 billion DOGS.
- The circulating provide is 516.75 billion DOGS, representing 93.95% of the overall token provide.
- The coin’s totally diluted market cap is $683.33 million.
What is Dogs (DOGS)?
DOGS is a TON memecoin that was created inside the Telegram neighborhood. DOGS is constructed to leverage Telegram’s consumer base and the native meme tradition.
The token is reportedly centered round a beloved canine mascot that was created by Telegram’s founder, Pavel Durov.
DOGS goals to introduce thousands and thousands of individuals to blockchain know-how through the app and tokenized stickers whereas fostering a enjoyable and interesting ecosystem with a give attention to neighborhood possession and honest rewards distribution.
The preliminary distribution was based mostly on the next:
- Telegram account age
- Wallet repute
- Other standards that confirm customers
The workforce behind DOGS additionally listed the challenge’s key ideas through a post on X:
- The neighborhood owns most tokens
- There won’t ever be a brand new provide of tokens
- The challenge has Telegram-native utility
