Telegram-native meme coin DOGS has set a brand new report, with 17 million customers claiming tokens shortly after its launch, as introduced on the challenge’s Telegram channel.
With rising market curiosity in Telegram-based initiatives, DOGS has rapidly gained reputation, turning into probably the most talked-about belongings within the meme coin house.
DOGS Meme Coin Units File
Information from Tonveiwer reveals that over 5 million wallets now maintain DOGS on TON blockchain. This spectacular quantity was reached simply two weeks after launch. To place it in perspective, solely Tether’s USDT on the TRON blockchain and Ethereum (ETH) have extra holders than DOGS.
In response to TON Group announcement, over the previous two weeks, DOGS every day lively person addresses have surpassed 1.1 million a number of occasions. The token has additionally recorded every day transactions as excessive as 14.4 million.
Key highlights from the report following the token distribution embody:
- 53 million customers engaged with the DOGS Mini App.
- 42.2 million had been eligible for the token airdrop.
- 17 million customers claimed their airdropped tokens.
- 4.5 million distinctive holders.
Learn extra: What Are Telegram Mini Apps? A Information for Crypto Newcomers
Curiosity within the DOGS meme coin is rising because it units itself aside from different meme coin initiatives by providing actual utility throughout the Telegram ecosystem, powered by the TON blockchain. The group distributed a lot of the tokens to long-time Telegram customers, additional boosting its enchantment.
Trying forward, TON goals to draw “tens or even hundreds of millions of users” via token era occasions (TGEs) for its flagship tap-to-earn video games, resembling Catizen and Hamster Kombat. These tap-to-earn video games have been a serious driver of person progress, drawing tens of millions to the Web3 gaming house.
Learn extra: 7 Scorching Meme Cash and Altcoins which might be Trending in 2024
Regardless of this success, TON blockchain has confronted a number of challenges — from main TGE-related outages to current arrest of Telegram CEO Pavel Durov in France. The fees towards Durov have sparked coverage adjustments for Telegram, including stress to the platform’s progress trajectory.
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