DOGS Airdrop: Telegram Massive Memecoin Launch Set to Break Records

Telegram new memecoin, DOGS, will be distributed to approximately 42 million users in the largest airdrop in crypto history. The token will be listed on major exchanges, including Binance, on August 26.

Telegram highly anticipated memecoin, DOGS, is set to make its grand debut on the cryptocurrency market tomorrow, marking a significant milestone in the Telegram ecosystem. The airdrop, which will be distributed to approximately 42 million users, is expected to be the largest in the history of crypto in terms of user engagement.

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The DOGS token, inspired by the popular meme “Spotty” created by Telegram founder Pavel Durov, will be launched on the TON blockchain’s mainnet. Simultaneously, the token will be listed on 15 major centralized exchanges, including Binance, OKX, Bybit, and Bitget. Initially scheduled for August 23, the launch was postponed to August 26 to ensure a smooth rollout.

Binance has organized a launchpool for the event, allowing its users to share a quota of 22 billion DOGS, which accounts for 4% of the total supply. Trading on the CEX platforms will commence at 12:00 UTC, with pairs including DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY.

Despite the airdrop not offering substantial immediate economic rewards, it represents a massive engagement effort, with an estimated 42 million users having interacted with Telegram’s mini-apps, completing quests and redeeming points in anticipation of the launch.

Following the success of Notcoin, another memecoin in the Telegram ecosystem, DOGS is expected to receive close attention from the community. The growing popularity of tap-to-earn games like Hamster Kombat and Catizen could provide a positive boost at the time of listing.

TokenTable, the provider managing the airdrop, has a proven track record with automated token distributions, having previously contributed to the successful debuts of ZETA and MOCA. Users eligible for the airdrop can claim their DOGS tokens directly from centralized exchanges, Telegram Wallet, or other non-custodial wallet solutions.

Potential Price and Valuation Scenarios:

As the DOGS airdrop and official listing on cryptocurrency exchanges approach, speculation about the token’s initial price has begun. Most analysts agree that the Fully Diluted Valuation (FDV) could be near the $1 billion mark. If DOGS is listed with this FDV, the price would be approximately $0.0018, given the total supply of 550 billion tokens.

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In a more optimistic scenario, with an FDV of $2.92 billion, the price could rise to $0.0053. Conversely, in a worst-case scenario with a $500 million FDV, the price might be around $0.001.

Pre-market trading has already begun on various platforms, with a market price hovering around $0.002. Early estimates suggest an initial valuation close to $1 billion, reflecting a strong outcome for a farmable airdrop project.

However, the rise in social media activity has also attracted scammers. The DOGS team warned of fake tokens listed on the LBANK exchange, which the platform has denied, clarifying that the token is still in its premarket phase.

Other Crypto Airdrops to Watch:

Beyond the DOGS airdrop, several other crypto airdrops are expected by the end of the year, promising potential rewards for participants. Notably, the launch of the Web3 platform Grass is anticipated by the end of September.

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In the Telegram gaming ecosystem, multiple tokens are poised to debut, particularly those from tap-to-earn apps like Hamster Kombat, Dejen Dog, Tapswap, and Catizen. While these airdrops may not yield high returns, they still offer participants opportunities to earn.

For those willing to invest initial capital, more complex airdrop programs with higher potential rewards are on the horizon. These include Ethereum restaking platforms like EigenLayer, Symbiotic, Swell, and Etherfi S3, as well as upcoming layer-2 airdrops from Scroll, Linea, and Fuel, which are eagerly anticipated by the crypto farming community.

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