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DOGS Token Listing Postponed to August 26 Amid Overwhelming Community Demand

Major Sell-off in Dogwifhat (WIF) as 5 Wallets Dump $24M Worth
  • DOGS token listing was postponed to August 26 after over 6 million users requested direct deposits, prompting the team to delay.
  • The team introduced new withdrawal options, including non-custodial wallets, to meet the high demand from the community.
  • Tokenomics focuses on community participation, allocating 81.5% of the 550 billion tokens to users for engagement and rewards.

The DOGS token listing, initially set for August 20, has been postponed to August 26 at 12:00 PM (UTC). This decision was driven by overwhelming demand from the community, with over 6 million users requesting direct deposits of their DOGS tokens. The team recognized the need for more time to ensure a smooth and accessible launch, pushing back the listing to better handle the increased interest.

New Withdrawal Options Introduced

To accommodate the high demand, the DOGS team has introduced new withdrawal options for users. Now, DOGS tokens can be withdrawn to various exchanges, the Telegram Wallet, and non-custodial wallets. These additional options aim to provide secure and flexible access to the tokens, making it easier for all community members to manage their assets.

Extended Claim Period and Tokenomics Focus

The claim period for exchanges and the Telegram Wallet has also been extended until August 21 at 6:00 PM (UTC), while non-custodial wallet users can start claiming their tokens on August 23 at 8:00 AM (UTC). This extension offers users more flexibility, reducing the pressure of meeting the original deadline.

DOGS tokenomics prioritizes community engagement, with 81.5% of the 550 billion tokens allocated to users. The remaining tokens include 10% for the team and future development, most of which are in a 12-month vesting period, and 8.5% for liquidity on exchanges and events related to the listing. Analysts predict that the DOGS token may debut between $0.0019 and $0.002, though strong community support or a major exchange listing could potentially drive the price higher.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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