Something tells me to be patient and ignore all the depressing noise. patience is the key. 🚀✨ $DOGS
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What Is Telegram's Meme Coin DOGS?
Disclaimer: This article is for educational purposes only. The information provided through Binance does not constitute advice or recommendation of investment or trading. Binance does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
DOGS is a dog-themed meme coin built on The Open Network (TON) blockchain, inspired by a dog character called Spotty.
The coin has a total supply of 550 billion tokens, with over 516 billion already in circulation, distributed mainly to Telegram users based on their activity.
DOGS gained significant exposure through its launch on Binance Launchpool, but like other meme coins, trading DOGS involves uncertainty and volatility risks.
DOGS Meme Coin
Similar to other dog-themed coins like Dogecoin and Shiba Inu, DOGS is a dog-themed meme coin. Developed on The Open Network (TON) blockchain, DOGS draws its identity from Spotty, a character linked to Telegram's founder, Pavel Durov.
Durov created Spotty as a simple dog sticker used in a charity auction to support orphanages. Soon after that, Spotty grew into a popular figure in the crypto space.
Token Metrics (Dogenomics)
DOGS has a total supply of 550 billion tokens, of which 516.75 billion are in circulation (as of September 2024). The coin’s distribution strategy involved DOGS tokens being airdropped to users based on their activity and engagement on the Telegram platform.
According to the official DOGS Telegram:
81.5% of the total supply will be allocated to the community without any vesting periods or locks. Out of the 81.5%, 73% went to Telegram OGs who earned DOGS through the mini-app tasks and activities. The other 8.5% is allocated to rewards for sticker creators, traders, and future community members.
10% is allocated for the DOGS team and future project development, mostly with a 12-month vesting period.
8.5% is reserved for liquidity on centralized and decentralized exchanges or other liquidity-related events.
DOGS Airdrop
The DOGS airdrop considered factors like the age and activity of Telegram accounts and whether they had a Telegram Premium subscription. The approach aimed to combine the meme coin culture with Telegram’s user base for wider adoption.
On average, each eligible user received around 9,500 DOGS, with more than 400 billion DOGS tokens distributed by August 20.
How to Claim the DOGS Airdrop?
The last day to earn DOGS tokens from the initial airdrop was August 14, 2024. Eligible users who participated in the DOGS games and Telegram activities before the deadline can still claim their DOGS airdrop via the official DOGS Telegram bot.
Eligible users can choose to claim their DOGS on-chain without fees (slower process) or with a small fee (faster withdrawal).
As of September 3, 2024, there is no official information about the possibility of new airdrops in the future.
Market Presence
DOGS managed to achieve 1 million Telegram users in less than 24 hours and is ranking among the top 100 cryptocurrencies by market capitalization (as of September 2024). However, like many meme coins, its value and long-term sustainability remain subjects of speculation.
Binance Launchpool
On August 21, 2024, DOGS was introduced on the Binance Launchpool, where users could earn DOGS tokens by staking their BNB or FDUSD. This launch provided DOGS with additional exposure and liquidity through the largest cryptocurrency exchange in the world.
Closing Thoughts
DOGS is a meme coin with deep connections to the Telegram platform, mixing elements of charity, crypto, and meme culture. It has gained attention thanks to its listing on Binance Launchpool and its unique way of distributing tokens.
However, like most meme coins, DOGS can be pretty unpredictable, so anyone thinking about investing should be aware of the risks involved. Do your own research and never invest more than you can afford to lose.
Further Reading
What Are Meme Coins?
Your Guide to Binance Launchpad and Launchpool
What Is Dogecoin?
What Is Shiba Inu (SHIB)?
Disclaimer: This content is presented to you for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Beware of market noise!! Don't believe what people you don't know say and make your own decisions.
They are only active to make the market flounder and spread panic. When their news is negative towards a specific currency, their goal is to make you afraid and sell at a loss so that they can buy and make profits from your loss. When their news is positive towards a specific currency, their goal is to make you buy at a high price so that they can sell what they have.
Don't let them discourage you and follow your intuition and knowledge.
My advice to you is to block everyone you don't know who is spreading lies. You will know them because they are spreading the same news and even the same words, just copy and paste. $DOGS
Binance Addresses Account Misuse in Commitment to Uphold Compliance and Market Integrity
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, We have recently detected instances where certain account features on our platform are being misused or exploited to gain unfair advantages, such as a better fee rate and higher API limits over other users. Binance is committed to taking the necessary steps to ensure compliance, protect users, and maintain market integrity. We believe these are essential to reinforcing confidence in our exchange platform and the broader digital assets market. Our aim is to foster a healthy and sustainable market environment that always prioritizes the interests of all users. That is why we have decided to take firmer action against the misuse of accounts. Stricter Measures to Address Account Misuse Our platform offers various account types, including sub-accounts, managed sub-accounts, and fund manager accounts, which all play an important role in diverse genuine use cases. However, these features also have the potential to be misused by bad actors that seek to circumvent our controls to either access or sell access to a better fee rate and higher API limits. We consider any behavior involving unauthorized access to other users' accounts as a serious breach of our Terms of Use and KYC/KYB policy. Aside from being harmful to the fairness and efficiency that users expect from reputable platforms like Binance, such behavior detrimentally impacts the experience and diminishes the contributions of the overwhelming majority of users who play by the rules. To ensure our account features are not being misused, we have further enhanced the monitoring of all account usage and related activities. We will investigate all potential or suspected incidents of misuse and, if necessary, take action that we consider appropriate to remedy misuse, which may include, but not limited to, suspension or termination of the relevant accounts. As the industry leader, we take seriously our responsibility to lead the way - to ensure that we meet the highest compliance standards and to provide a level and fair playing field for all users. These efforts are crucial to further enhancing and safeguarding the integrity of our platform. Reward for Reporting Misuse In addition to technological enhancements, we are also establishing a channel for users to report any account misuse incidents they encounter (e.g., unauthorized selling of access to accounts). Individuals that observe or suspect any cases of misuse are encouraged to report it to us. We will provide a reward for any verified case of account misuse. The reward amount will be determined on a case by case basis. Your support can make a significant impact and help improve our platform. If you would like to report a case of account misuse, please send an email to misuse-reporting@binance.com. Together, we can ensure a compliant, fair and efficient platform for all. Thank you for your support! Binance Team 2024-06-27
Good morning! Today I woke up to the sound of my alarm clock and every time I hit the snooze button I thought I was pressing $SAGA Claim. i was farming #sagacoin while I was sleeping 🙈
Why did the ENA price drop? Read my personal analysis
I do not know if my #ANALYSIS is correct or not, but I believe that the decline in the price of ENA is intentional and has a goal, and I will talk about that in the following lines. Do not worry, the goal of not increasing the price is not negative, but positive!! #ENA coin is a new currency and has gained a good community though. The price of ENA was initially $0.57 and it quickly rose to above $1 until it reached the price of $1.30, but after that it declined and the price now fluctuates between $0.9 to $1.05. Everyone is confused! Some of them are afraid and sell at a cheap price and lose part of their money to avoid a major loss, and some of them are working in the middle and are now selling at a price of $1.04 and buying again at a price of $0.93. And some of them are still holding $ENA and do not want to sell! Rather, some they buy more as it decreases. By looking at the things that are happening now, it may make us understand why the price is not rising much?! Simply because there is a new coin $SAGA in the #farming stage on Binance Launchpool! If the price of ENA rises now, many people may sell with the aim of entering into #SAGALAUNCHPOOL farming, and this may make ENA fall quickly, and it will not be the rise that the ENA team and community are planning. This may create confusion and fear among people who did not sell, and this will harm the reputation of the currency and will also disturb the positive energy of its community. I am one of the people who invested in ENA and I still keep what I bought and am not thinking about selling. At the same time, I invested an almost similar amount in SAGA farming and I do not want to withdraw from either of these currencies. I am optimistic about the ENA currency and I will not sell what I have now. I was one of the first people to subscribe to the ENA farming launchpad, so I am really holding on to this currency and I hope that its future will be bright. The same opinion will also be for the new SAGA currency. I really understand what is happening now and how confused people are, but be optimistic so far things are good! Note: What you have read now is just my personal opinion and personal analysis. I am not a financial expert. I am someone like you. I am now investing in ENA and SAGA currency. Do not take my words seriously and make your own decision. GOOD LUCK!!
I have decided not to risk all my money. I will buy USDT at 20% of each coin I hold. If the price drops further, I will buy slowly, and if it rises, I will have the coins I bought previously. I may not make profits, but I want to ensure that I will not lose all my money in this #whales_game No one likes the feeling of anxiety when the atmosphere of this market calms down and the whales go away. I will continue my investment quietly and without noise! Let the #whales eat each other and stay away from their game! IM out!! $ENA $PEPE
i dont like this game with #whales they make people feel in danger and we do not know if they want to buy or sell. In both cases, they are the winners and the people lose their money. what you think? $ENA $PEPE
First, pick up this gift and good luck!! claim your free USDT what do you think about w coin? I do not think it is a good investment. The price is very Big. I did not expect this price to be $1.6. I expected the price to start from $0.003 to $0.01, not $1.60. Projects should not be greedy and should leave profit margin for investors to achieve some profits. Therefore, it is important that when the currency is opened, its price should be small and perhaps achieve profits for investors in the future of no less than x10. what do you think!
Hello friends, Today I learned that #NEARProtocol has a new project and they will launch a new currency on the network called HOT! The good thing is that anyone can start mining and earn some HOT! HOT mining is very easy and I will explain it in detail. All you need is to have an account on Telegram and start mining through Telegram only! Yes, it's that easy and simple.
To start mining, Copy this Telegram link and Paste it into your browser then follow the bot’s instructions t.me/herewalletbot/app?startapp=5453352 The bot will create a new NEAR wallet for you, after that, you will click on Start Mining, and every two hours you can open the wallet and collect your HOT.
When you collect your HOT you must pay the gas fee, but do not worry, inside the wallet there are missions that if you complete, you will get free gas for transactions. and these tasks are very easy, such as following the NEAR page on Twitter, or following them on YouTube, and so on..
When you start, you will receive 0.01 HOT per hour, and at the same time, the storage will be filled for 2 hours. That is, when you come once every two hours, you will be able to withdraw 0.02 HOT. Well, this is not enough, I know that, but you can improve production, speed, and quantity in easy steps. In the NEAR wallet, click on the word Boost at the bottom and follow the instructions.
to start Copy this link and Paste it into your browser then follow the bot’s instructions t.me/herewalletbot/app?startapp=5453352 If you need help, you can write in the comments and I will answer your questions $NEAR
What do I think about Bitcoin? My personal opinion!
Hello friends, I have something I want to share with you! But before you continue, so as not to waste your time, I am sharing just words and a personal opinion. I am not a financial expert whose words can be taken seriously! Before I start, let me explain to you why I chose Square and not a general social platform like x or Facebook! Why am I writing here on Square?
I write here because I found that #Square space is interesting and here I can share my opinion with many people who share my interest! I and everyone is here because we care about #Cryptocurrencies and this is what brings us together and makes us share our small experiences, which perhaps if we share them among ourselves, these experiences will combine and one day become big experiences. What distinguishes this space from social media platforms is that it specializes in Crypto currencies and the market for these currencies, and that this platform is not public and not everything can be shared on it. It is only concerned with the world of Crypto. In short, I am here to discuss with people who share my interest! Well, let's get to the heart of the matter and share with you my opinion about Bitcoin! 😅 Why I love and trust Bitcoin? Bitcoin is the first Crypto currency and is the reason for the existence of all the cryptocurrencies currently on the market, from Ethereum to the newest currency on the market. We can say that Bitcoin is the godfather of all cryptocurrencies!😅 If there was no Bitcoin, there would be no Ethereum, BNB, Solana, Matic, or any other cryptocurrency. You would not even find Binance, Coinbase, Kraken, or other cryptocurrency markets! Did you realize how important Bitcoin is? That's why I really trust and love Bitcoin!😍 Since the inception of Bitcoin to this day, it has not failed those who trusted it! The price of #Bitcoin always rises, and no matter how low its price falls, I am confident that it will not let me down and will return to the price it reached one day. Bitcoin loves patience so be patient In the past, when I was a beginner in crypto currencies, and when I saw that the price of Bitcoin dropped, I would sell everything I had to avoid a bigger loss. But I always regretted that I sold Bitcoin, because after I sold Bitcoin, its price went up! So I learned an important lesson, which is that I should not sell Bitcoin at a loss, no matter what happens and no matter how low it falls. I am confident that Bitcoin will not let me down and will one day return to the price it reached previously. Now I buy Bitcoin, and when the price drops, I do not sell, but rather buy more in order to adjust the price at which I previously bought Bitcoin. As I told you that Bitcoin loves those who are patient, you must be patient and do not panic when Bitcoin declines. Just be patient and keep it, and if it declines further, forget that you lost and keep it even if it is for a year or two, but do not sell at a loss. Just be patient. Several days ago, I bought Bitcoin at a price of $73,000. The price dropped to $63,000, but I did not panic. On the contrary, I bought more, and the purchase price for me almost became $70,000. I am waiting now. I will not sell at a loss, no matter what it costs me. I am confident that Bitcoin will not let me down. I will be very, very patient. In the end, if you have reached here by reading, I want to thank you for reading, and I would be happy if you wrote to me in the comments and shared your opinion with me! Do not forget what I mentioned at the beginning, which is that I am not a financial expert, and you cannot take my words seriously, and you should not consider what I wrote as financial advice. I personally am looking for financial advice, and I cannot give advice to anyone. I am a very ordinary person and I just wanted to share my opinion. Good Luck!! #Write2Erarn $BTC
#WinWithBinance It's a guessing game in which you have to find out the correct word and choose the correct letters! If you guess 5 words you will win! Every day you can try a new word. Try it, you may be lucky and guess the words and you may win click on the link Guess the word and win GOOD LUCK!!
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