DOGS token listing postponed to August 26 to handle overwhelming community interest.
The team added new withdrawal options for better user access to DOGS tokens.
Tokenomics focus on community participation, with 81.5% of DOGS coins set aside for users.
The DOGS token trading, which was originally scheduled for August 20, has been pushed back to the same month on the 26th due to strong community demand. Over 6 million users requested direct deposits of their tokens, prompting the DOGS team to delay the listing to better handle the increased demand.
Community Interest Drives the Delay
The DOGS team planned to launch the token on August 20. However, the unusual number of remarks made it clear that more time was needed to accommodate everyone. Thus, the listing date was shifted to August 26 at 12:00 PM (UTC) to ensure a smooth operation for all users. This extra time allows everyone to claim their tokens and prepare for the upcoming event.
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The team also extended the claim period for exchanges and the Telegram Wallet until August 21 at 6:00 PM (UTC) to give users more flexibility and reduce the pressure of meeting the original deadline. Non-custodial wallet users will also have the option to claim their tokens starting August 23 at 8:00 AM (UTC).
More Withdrawal Options Introduced
To meet the high demand, the DOGS team has added more withdrawal options. Users can now withdraw their DOGS tokens to various exchanges, the Telegram Wallet, and non-custodial wallets. This move aims to provide secure and easy access to tokens for all community members.
By offering these additional withdrawal options, the DOGS team is focused on making the process easier for everyone involved. This ensures that users can access their tokens in a way that works best for them.
Tokenomics and Market Predictions
DOGS tokenomics prioritize community engagement, with 81.5% of the 550 billion DOGS tokens set aside for the community. Rewards are given based on the age and activity of Telegram accounts, which has helped the token grow rapidly within the Telegram community.
The remaining tokens include 10% reserved for the team and future development, most of which are in a 12-month vesting period. Another 8.5% is dedicated to liquidity on centralized and decentralized exchanges and for events related to the listing.
Analysts expect the DOGS token to debut between $0.0019 and $0.002. However, strong community support or a major exchange listing could increase the price further.
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