$DOGS UPDATE ‼️‼️
The TON-based memecoin DOGS has been making waves in the cryptocurrency market, becoming the top 100 largest gainer with a 30% jump in just 24 hours. This significant surge occurred despite adverse market conditions, with DOGS reaching a market capitalization of over $800 million.
Created by Telegram's founder Pavel Durov, DOGS is centered around a dog mascot named "Spotty" . The project's massive airdrop and listing on major crypto exchanges, including Binance, OKX, and Bybit, contributed to its success.
Key Factors Contributing to DOGS' Success:
- Massive Airdrop: 440 billion tokens were offered to eligible users out of the 550 billion token supply
- Listing on Major Exchanges: DOGS was listed on Binance, OKX, and Bybit, increasing its visibility and accessibility.
- Community Support: 81.5% of DOG tokens were allocated to the community, with 73% reserved for "Telegram Ogs" who earned DOGS in the app
The memecoin's performance has been impressive, with a 33.6% price jump in the early hours of Wednesday, going from $0.00125 to $0.00167 . This surge has fueled a bullish sentiment among investors, making DOGS one to watch in the cryptocurrency market.
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