DOGS Coin is currently preparing for a critical milestone in its development: listing on several major cryptocurrency platforms. Many in the cryptocurrency community are eagerly awaiting updates on DOGS Coin, a new generation of Telegram-based meme coins inspired by the VKontakte mascot Spotty. Let’s explore the current information on DOGS Coin’s listing and the future activities expected from this emerging meme coin project.
What Is DOGS Coin?
DOGS Coin is a new meme coin that originated from the Telegram community, inspired by Spotty, a mascot created by Pavel Durov. This coin isn’t just about potential profits; it offers a fun, easy, and rewarding way to give back through engaging games in the crypto universe.
The Creation and Idea Behind DOGS
Spotty, recognized as the official mascot, gained fame when Pavel Durov, the founder of VK and the head of Telegram, drew him during a charity auction to support orphanages. Today, Spotty is not only represented by the DOGS token series but also symbolizes community and adventure within the DOGS ecosystem.
This legacy is now introduced with the DOGS launch in the cryptocurrency world. This may include creating a very active community of chatters who are engaged and willing to participate and contribute to charitable offerings such as the Stars for DOGS feature, where the application gets stars that can be cashed for actual charity.
DOGS Community
Since its inception, DOGS has seen remarkable community engagement:
- Rapid Growth: In the first three days, 10 million users subscribed to the DOGS Telegram channel, and within ten days, that number grew to 20 million. Additionally, 53 million users interact with the @dogshouse_bot, and over 1.5 million subscribed to the project on X.com.
- Engagement Tools: Thus, the DOGS sticker project and the addition of features that foster community member interaction have improved the experience.
- Charitable Contributions: The 'Stars for DOGS' campaign promoted the collection of 23,813,064 stars, which showed that it is a charity scheme and proved the supportive role of community members in social issues.
DOGS Tokenomics and Distribution
DOGS is designed with community-centric tokenomics:
- Total Supply: 550 billion tokens, with no additional tokens to be created, ensuring scarcity and potentially increasing value.
- Community-First Distribution: 81.5% of all tokens are distributed to the community through in-app activities and user incentives.
- Developer and Future Reserves: 10% allocated for development and new projects to ensure ongoing growth and improvements.
- Liquidity Assurance: 8.5% reserved for different platforms to maintain a stable and easily tradable asset.
Future Initiatives
DOGS has laid out ambitious initiatives to expand its influence and utility:
- Exchange Listings: Listing on decentralized and centralized platforms to further improve the liquidity and the overall availability of the tokens.
- Community Rewards: Establishing higher-stakes rewards strategies, which include initial coin distribution, also known as airdrops.
- NFT Integration: This time, new DOGS-themed meme stickers will be launched, which is different from before because they can be both minted and traded on-chain.
- Global Outreach: Continuing charity activities worldwide, strengthening the project's positions in demonstrating its desirable outcome.
What factors impact the DOGS token price?
As with any cryptocurrency, accurately predicting DOGS token prices is challenging. Significant fluctuations are likely in the initial days following the official DOGS listing. For instance, the token may have reached $0.00825 in previous years, and it is currently trending upwards, with expectations to reach approximately $0.0020625.
At the same time, the DOGS token price could be impacted by several factors, like:
- A selling tendency within the community could lead to confusion regarding Pavel Durov's arrest. If this happens, the token's price may halt its progression and fall as low as $0.0001 (from the proposed DOGS listing price of $0.0001).
- On the other hand, the high community support may have a positive influence on overall demand and thus improve the market demand for the token. If such a tendency prevails, the DOGS token price will increase from its initial price of $0.1000 to the premarket trading price of $0.02.
How to Buy and Trade DOGS Coins on CoinEx?
CoinEx is a global digital currency exchange platform famous for its various products. Founded with quality, speed, and comprehensiveness in mind, it boasts over 1,200 tokens and well over 1,700 trading pairs on the list. More than 10 million users from over 200 different countries and regions actively use the exchange and expect an easy, professional, and reliable cryptocurrency trading experience.
To buy and trade DOGS tokens on CoinEx, follow the steps below.
- Create an Account: To begin, one must have an account with the platform, which can be done by registering on CoinEx.
- Deposit Funds: Deposit funds into a user account at the CoinEx platform using accepted cryptocurrency or other forms of deposit instruments allowed in the market exchange. Having money in the account helps one make transactions without any hitches.
- Go to the DOGS Trading Page: When your account is funded, click on the DOGS coin trader trading page on CoinEx that is specific to this single coin. There is a search bar, and you type in the name of the token you are looking for – DOGS to get to the trading pair offering tokens of DOGS.
- Choose a Trading Pair: If you want to trade DOGS for USDT or vice versa, choose a trading pair of DOGS/USDT.
- Specify the Purchase Amount: Decide on the number of DOGS you wish to buy. Enter the amount into the trading interface, and the fees will be automatically generated by multiplying the coin amount by today's market price.
- Execute the Trade: For the specified sum, embark on the execution of the trades. Check all the details, and if all is well, confirm the order.
If you want to trade DOGS, many reading pairs are available on CoinEx; following these steps should make it easy.
Conclusion
To clarify, DOGS is not just another meme coin; it is a community project backed by endless charities people create. Such an inception story, coupled with steady community expansion and a future focused on increasing the token's utility and interaction within the TON ecosystem, makes DOGS a future leader in the Ton ecosystem.
Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your own research.
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