DOGS Crypto Airdrop: Over 400 Billion Tokens Set to Transform the Market on August 20
DOGS is making waves in the crypto world with an exhilarating airdrop event that's set to captivate the community. On August 20, the official listing date, participants will receive an average of 9,500 $DOGS tokens each, as part of a colossal distribution of over 400 billion $DOGS.
Boasting a staggering 53 million users on the bot, an impressive 42.2 million are confirmed to be eligible for the airdrop, according to the latest update on their official Telegram channel. The $DOGS team emphasizes the importance of double-checking all pertinent details, including total supply, circulation at the Token Generation Event (TGE), and other critical token metrics before getting involved.
Crypto enthusiasts eagerly awaiting the spot market launch won’t have to wait much longer, with the launch scheduled for August 20. It's the perfect time for users to set up their accounts on centralized exchanges (CEXs) or through their Telegram Wallets.
The tokenomics of $DOGS, known as "Dogenomics," introduces a community-centric distribution model. A massive 81.5% of the total supply is designated for the community, with 73% awarded to Telegram OGs who have earned $DOGS through the bot.
This distribution also includes rewards for traders, sticker creators, and new community members. The development team and future projects will receive 10% of the total supply, with a significant portion secured in a 12-month vesting period. An additional 8.5% is allocated for liquidity on both CEXs and decentralized exchanges (DEXs), along with other listing-related activities.
With a total supply of 550 billion, $DOGS is positioned as both a meme and community token, originating from VK and Telegram. Soon, $DOGS will be in the hands of the community, with plans to introduce meme stickers that can be minted and traded on-chain using $DOGS.
Beginning on August 16, users can start claiming their tokens via their Telegram Wallets or on their preferred CEX. For those who haven't set up an account yet, it’s advisable to do so in advance and complete the necessary KYC procedures.
On August 20, the option to claim tokens to a non-custodial wallet will be available, though users will need Toncoin to cover the gas fees for these blockchain transactions. Toncoin is accessible through various exchanges or with Stars, so users should ensure they have sufficient Toncoin in their wallets before claiming their $DOGS tokens.