Today, August 26, the long-awaited listing of the popular Telegram project DOGS token will take place on such major cryptocurrency exchanges as Binance OKX and Bybit.
The DOGS project is inspired by Spotty, a mascot created by Pavel Durov when he was still working on VKontakte. The mini-app inside Telegram quickly gained popularity, especially after it became the 57th participant of Binance Launchpool.
Unlike other memecoin projects, DOGS provides real utility in the Telegram ecosystem. The application is based on the blockchain The Open Network (TON). The DOGS team will distribute most of the tokens among active and long-time users.
According to DOGS tokenomics, the total supply of the asset will be 550 billion coins. The project team allocated 81.5% to the community, of which 73% are intended for the messenger's "old users". The remaining part will be distributed among traders and future community members.
The system rewards players depending on the age of their accounts in the messenger. In the near future, the project team plans to launch several new products in Telegram - for example, meme stickers that can be mined. In addition, players will also be able to trade them.
DOGS developers have reserved 10% of the total supply with a 12-month lock-up period for future project development. Another 8.5% is for liquidity on centralized (CEX) and decentralized exchanges (DEX).
Ahead of the listing, cryptocurrency analysts are already sharing their forecasts. According to initial estimates, DOGS may debut at $0.0005.
