According to BlockBeats, on July 12, Telegram's native Meme project DOGS now has a built-in Telegram Stars purchase function with an exchange rate of 1:1, and Telegram Stars can be purchased directly with fiat currency.

According to reports, Telegram Stars are virtual items that allow users to purchase digital goods and services from robots and mini-programs within the Telegram ecosystem, give gifts to content creators on the Telegram platform, etc.

This move has sparked widespread discussion in the crypto community, with some saying that this may be an official sale of coins, while the total number of tokens can be issued indefinitely, which has aroused doubts in the community.