DOGS Invasion: Dive into Telegram’s Hottest Meme Coin and How to Trade on WEEX

In the dynamic world of cryptocurrencies, DOGS has emerged as Telegram’s standout meme coin, capturing attention across the TON blockchain. Here’s everything you need to know about this exciting new project -DOGS and how to trade DOGS on WEEX.

Unleashing the DOGS Meme Coin’s Tokenomics in the Telegram Community

On July 11, 2024, a playful black and white puppy image started circulating on X(Twitter) and Telegram, inviting users to join the $DOGS frenzy. By August 15, DOGS had unveiled its Dogenomics, revealing a massive supply of 550 billion tokens. A whopping 81.5% is community-owned, with 73% airdropped to Telegram OGs.

Mark Your Calendars: Key Dates for DOGS Traders

August 18, 2024: DOGS announced its Token Generation Event (TGE) and listing date.

August 23, 2024: DOGS will be available for spot trading on WEEX at 1:00 PM UTC. You can check more information from WEEX’s official website –Twitter.

What’s the potential of the DOGS project?

In the current bull market, meme tokens have been the standout performers, with TON emerging as the hottest blockchain. DOGS, combining both the meme and TON trends, has sparked significant interest and could potentially become TON’s next big hit after Notcoin.

DOGS’ accessibility is a major plus – anyone with a Telegram account can participate. Given Telegram’s massive user base (900 million users, ranking 8th globally among apps), DOGS might replicate the viral success of DOGE and SHIB from the previous bull run.

As of August 18, over 42 million eligible Telegram accounts have claimed DOGS points, with 20 million wallets linked. The official DOGS Community Telegram group boasts 16,043,885 members, while their X (formerly Twitter) account has 3.702 million followers.

In terms of user numbers, DOGS’ 42 million users dwarf WIF by 233 times, SHIB by 32 times, and DOGE by 6 times.

WEEX platform data shows DOGE’s current market cap at about $15.3 billion, with an all-time high of $69.57 billion. SHIB’s market cap exceeds $8 billion, with an ATH of $39.3 billion.

With a total supply of 550 billion tokens, if DOGS matched DOGE‘s current market cap, its price would hit $0.0278. Matching DOGE’s ATH would push it to $0.1265. Comparing to SHIB, the figures would be $0.0146 and $0.0715 respectively.

Pre-listing futures platforms currently price DOGS at around $0.00341, suggesting significant upside potential post-listing.

However, it’s worth noting that DOGE, as the OG meme coin, has a long-standing fan base and Elon Musk’s backing. SHIB, the second-largest meme coin, has also built a thriving community and ecosystem, bolstered by its L2 solution, Shibarium.

In contrast, both DOGS and the TON blockchain are relatively new. DOGS’ evolution into a mainstream meme coin hinges on TON’s long-term ecosystem growth, which needs time to prove itself – likely more than one full market cycle.

Currently, TON faces challenges: it’s not EVM-compatible, uses a niche programming language, and Telegram users (TON’s main traffic source) aren’t known for high engagement. These factors may hinder TON from quickly reaching the ecosystem scale of Ethereum or Solana.

Despite the hype, it’s crucial to approach DOGS with caution. While its potential is intriguing, its long-term success remains uncertain in the volatile crypto landscape.

Trading DOGS on WEEX: A Step-by-Step Guide
Ready to join the DOGS revolution? Here’s how to trade DOGS on WEEX:

Register on WEEX: Create an account and complete the verification process. If you don’t know how to become a WEEXer, please click here to know how to register on WEEX.
Deposit Funds: Add funds (like DOGS) to your WEEX wallet to start trading.
Find DOGS/USDT Pair: Navigate to the DOGS/USDT trading pair on WEEX.
Place Orders: Buy or sell DOGS as per your strategy.
Manage Your Portfolio: Use WEEX’s tools to monitor and manage your DOGS holdings. (Please mention that: WEEX will be listing DOGS on August 23, 2024)

Why Choose WEEX for DOGS Trading?

Choosing WEEX for trading DOGS tokens offers a host of advantages designed to enhance your trading experience. Here’s the reason why choose WEEX:

High Liquidity: WEEX provides a highly liquid trading environment, ensuring that you can execute trades smoothly and efficiently without significant price fluctuations. This is crucial for both small and large trades, allowing you to enter and exit positions with ease.
Advanced Features: The platform is equipped with cutting-edge tools and features that cater to all levels of traders. WEEX has enhanced its trading tools by integrating TradingView, providing WEEX users with an exceptional trading experience. This upgrade ensures that every trader on the platform benefits from advanced charting and analysis capabilities. Whether you’re a beginner just starting out or a seasoned trader looking for sophisticated trading strategies, WEEX offers customizable charts, automated trading options, and more to suit your needs.

Security: At WEEX, the security of your assets is a top priority. The platform employs advanced security protocols, including encryption and multi-factor authentication, to ensure the safe storage and transfer of your DOGS tokens. This commitment to security helps protect your investments from potential threats.
Real-Time Data: Stay informed with access to real-time market data and in-depth analysis. WEEX provides comprehensive insights into market trends, price movements, and trading volumes, empowering you to make well-informed decisions based on the latest information.

By choosing WEEX for your DOGS trading needs, you benefit from a secure, efficient, and insight-driven trading platform that supports your growth and success in the cryptocurrency market.

The Future of DOGS and TON

While DOGS shows immense promise, it depends on the growth of the TON ecosystem, which faces challenges like EVM incompatibility. However, with Telegram’s vast user base, DOGS is well-positioned to make a significant impact.

Join the Meme Coin Movement
Don’t miss out on the opportunity to be part of the next big meme coin success story. Register on WEEX today and start trading DOGS, the meme coin that’s taking the Telegram community by storm.

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