Dogs (DOGS) is listed and available for trading on the 26th, August 2024, 12:00 (UTC)
Users want to know the $DOGS Token listing price since they are getting really trendy.
What is $DOGS Token Listing Price?
$DOGS is now live at ~$0.00126!
Here are the prices on various exchanges at the moment:
- MEXC: $0.004
- Bybit: $0.0012
- Binance: $0.0012
- Bitget: $0.0012
- OKX: $0.0012
- Kucoin: $0.0012
- Gate: $0.0012
What is DOGS Token?
Started on Telegram in July 2024, Dogs (DOGS) is a meme coin. Inspired by Spotty, a mascot developed by Pavel Durov, the creator of VK (Vkontakte), Russia’s biggest social media platform. Originally a doodle at a charity auction to help orphanages, Spotty rapidly came to represent VK. Spotty has evolved over time to show up as stickers on Telegram and at VK Fest as well. The $DOGS coin seeks to introduce Spotty into the cryptocurrency scene.
Recently, it was reported that the Telegram CEO, Pavel Durov was arrested in France in the evening of Saturday. Read here.
Based on their activities on the network, Telegram users can earn and gather DOGS coins under the DOGS project. These tokens are distributed in a special way since they honor long-time Telegram members—especially those who have had active accounts for numerous years. The age of their Telegram account, their membership to Telegram Premium, and their OG (Original Gangster) status—which identifies long-term active users—have an impact on the token count individuals get.
Daily check-ins, friend referrals, and community event participation inside the DOGS mini-app on Telegram help to disperse DOGS tokens via several channels. Community building is also highly important since users can raise their token income by adding more members of the ecosystem.
Token Distribution
- Telegram Account Age: Users of older Telegram accounts get more DOGS tokens, therefore honoring long-term platform loyalty.
- Activity Level: Regular Telegram activity including messaging and group participation raises the DOGS token award count.
- Users of Telegram Premium get more DOGS tokens, therefore motivating the usage of Telegram’s commercial features.
Engagements and Tasks
- Daily logs to the DOGS mini-app on Telegram earn tokens; successive check-ins boost the payouts.
- Users of the Referral Program might get extra tokens by asking others to become DOGS members.
- Participating in events and challenges inside the DOGS mini-app offers more chances to get DOGS tokens.
What is DOGS Token Used For?
Mostly serving to encourage user involvement and promote community development on Telegram, the DOGS token is a memecoin integrated into the network. Based on their Telegram account age, engagement level, and involvement in different community events and referral schemes, users can earn DOGS tokens. With future ambitions for more general utility inside the Telegram ecosystem, these tokens not only encourage continuous interaction inside Telegram but also provide possible financial rewards via premarket trading. DOGS tokens might also enable access to special events and features, so enhancing the loyalty and involvement of the community.
DOGS token supply overall is projected to be 500 billion.
How can you sell $DOGS at $0.01 each (10x the default price on OKX & Binance)? Strategy for similar upcoming projects
While on some exchanges the price was roughly $0.001 (10X difference), just recently $DOGS could be sold for $0.01 on MEXC.
This happened since many users were discouraged by the fact that withdrawals to the app were not available except through Ton Keeper.
This is normal: a lot of individuals deposited on Binance caused OKX on the listings to have a higher price.
How can it be done? How can one decide which exchange to make a coin deposit next time?
1. Read most discussions and responses where people deposit tokens.
- Usually, the lowest price at that point will be the result of the most people’s exchanges.
- Although tier-1 exchanges often have the most liquidity, this is not always the case; still, it is always important to check the details.
2. Look for unique possibilities, including when token gets listed on exchange without direct withdrawal alternatives (only in case with telegram mini-apps).
- For instance, initially MEXC exchange was not offered as a withdrawal choice with $DOGS. Those that withdrew to the TON wallet could then deposit and sell on MEXC in x10 price, easy profit.
3. Always look for chances in the moment.
For instance, there was a chance to purchase $DOGS on Dedust DEX, deposit it on MEXC, and profit 10%. Though your money might lag in the blockchain, keep in mind that profit cannot be had without risk.
Disclaimer! The advice or assertions offered here reflects the author’s own viewpoints and is prone to change depending on the state of the market. Before buying any cryptocurrency, you really should do some market research. Neither the author nor this publication (CryptoNeuz) accepts any liability for any financial losses you could suffer.