The story of the DOGS token and how its price developed is all about Telegram.
In case you missed it, Telegram launched in 2013 for iOS and Android. It quickly became *the* messaging app for crypto folks. Why? Because it lets you chat without giving out your phone number — kinda handy, right? Now, Telegram has nearly a billion users globally. Oh, and it’s branching out with The Open Network (TON) blockchain, which just crashed the top 10 cryptocurrencies by market cap.
This year has been wild for TON. The total value locked went from $13.5M in January to a whopping $518.95M. Some people even compare it to Solana and Base. Why the surge? Well, Telegram integrated the TON wallet and added mini-apps like Notcoin and Hamster Kombat — both with millions of users.
Now, let’s talk DOGS. The DOGS mini-app racked up over 53 million users in just two months. But what is DOGS, exactly? We’ll break it down: its value, price trends, predictions, and more cool stuff.
What’s DOGS?
DOGS is a fun, dog-themed coin on Telegram, all centered around a mascot named Spotty. It’s not just another meme coin, though. DOGS offers real value inside Telegram, rewarding long-time users with tokens based on how long they’ve been on the app and how active they are.
The DOGS team plans to add even more fun features, like meme stickers you can mint and trade on-chain. Plus, there’s a limited supply—550 billion DOGS, to be exact. Most of it (81.5%) goes to the community, especially long-time Telegram users. And the best part? There are no strings attached. You can use or trade your DOGS as soon as you get them.
The Story Behind $DOGS
Spotty, the DOGS mascot, was created by Telegram founder Pavel Durov. It all started when Durov drew Spotty for a charity auction to support orphanages. The drawing became a hit, especially in Russia, and turned into a popular sticker on VK, a social network Durov also founded. Spotty even made appearances at VK Fest and became an unofficial logo.
Now, Spotty’s legacy continues as the face of DOGS, a meme coin aimed at uniting the Telegram community around this loveable character. DOGS also carries Spotty’s history of charity with it.
What Makes $DOGS Special?
DOGS has some standout features that make it unique:
- No restrictions: Users get their DOGS tokens immediately—no waiting, no hassle.
- Community-owned: Most of the tokens belong to the community, making it truly decentralized.
- No outside investors: DOGS is powered by its users, with no influence from outside investors.
- Fixed supply: With a limited number of tokens, there won’t be any more minted, which could help maintain or increase its value.
- Built for Telegram: DOGS was made specifically for Telegram users, so it has actual utility on the platform.
- TON blockchain: Built on the secure and scalable TON blockchain, DOGS ensures smooth transactions and a safe network.
How DOGS Works
Getting into DOGS is simple and fun. Here’s how:
- Join the @dogshouse_bot on Telegram.
- Start the bot and follow the setup.
- The bot will check your Telegram usage. The longer you’ve been around, the more DOGS tokens you’ll get.
- Get your tokens based on your activity.
- Share the bot with friends — the bigger the community, the higher the token value could go!
$DOGS Token Price
DOGS listed on Binance on August 8, 2024. As of October 8, 2024, it’s priced at $0.0007225 on OKX, down from its late August peak of $0.001644. It’s been a rollercoaster ride, with major sell-offs after the token unlock. Still, if DOGS breaks past $0.0015, we could see a climb to $0.0017 or even $0.002. However, with the crypto market being bearish, DOGS’ volatility could pull it down again.
Why DOGS Is Blowing Up in the Philippines
DOGS has gained fans all over the world, but one country is crazy for it — the Philippines. Why? Well, there are a few reasons:
1. Strong Telegram user base: The Philippines has a huge and active Telegram community, so DOGS fits right in.
2. Memecoin love: Memecoins are big here, and DOGS taps into that meme culture.
3. Earn while you chat: DOGS lets people earn tokens based on their Telegram activity, which is super appealing to many users in the Philippines.
Final Thoughts
DOGS is more than just a meme coin. It’s inspired by Pavel Durov’s Spotty, bringing together Telegram’s massive community. With features like no locks, community control, and a fixed supply, DOGS stands out in the crowded crypto space.
But remember, like all meme coins, DOGS is unpredictable. Before diving into live trading, it’s also smart to demo trade and hone your skills in an advanced trading simulator. This way, you can test your strategies without risking real money, giving you the edge when you’re ready to trade for real.
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