Skip to content

DOGS Leads Largest Meme TGE Ever, Surging to 4.5M Holders and 53M Engaged Users

Dogs Coin CFN
  • DOGS achieved a record-breaking 4.5M unique holders on TON within two weeks, ranking behind only USDt on TRON and Ethereum.
  • The DOGS token distribution spiked user activity, with daily addresses hitting 1.1M and transactions peaking at 14.4M.
  • Binance expands with DOGSUSD perpetual contracts and adds DOGS to Launchpool, allowing users to farm DOGS by staking BNB and FDUSD.

DOGS has set a new standard, becoming the leader of the largest meme token generation event (TGE) in history. This has attracted over 53 million users to the DOGS Mini App. Out of these users, 42.2 million qualified for the highly anticipated token airdrop, and a remarkable 17 million claimed their tokens. 

DOGS, inspired by Pavel Durov’s iconic dog drawing, has quickly gained momentum, resulting in 4.5 million unique holders within just two weeks. These figures are unmatched, highlighting the growing appeal of DOGS in the growing blockchain sector.

Impressive Engagement and Record-Breaking User Activity

The DOGS token distribution led to a spike in user activity on the TON blockchain. Over the past two weeks, daily active addresses consistently reached 1.1 million, with a peak of 14.4 million transactions in a single day. 

Notably, the DOGS token is now held by 4.5 million unique wallets on the TON blockchain, securing its position as the token with the most unique holders on any chain. Only USDt on TRON and Ethereum surpass DOGS in terms of holders. The scale of user engagement with DOGS was previously unseen in Web3, signaling the potential for further expansion.

Upcoming Token Events for Catizen and Hamster Kombat

Looking ahead, even larger TGEs are anticipated for Catizen and Hamster Kombat in September. These upcoming events could potentially bring tens or even hundreds of millions of new users to the blockchain for the first time. 

However, such massive participation will likely increase technical pressures on the network. Despite these challenges, the commitment to addressing technical issues remains strong as the network pushes toward broader adoption.

Binance Expands with New DOGS Offerings

In response to DOGS’ growing popularity, Binance has expanded its offerings by introducing a new DOGSUSD COIN-M perpetual contract, supporting up to 20x leverage. Additionally, Binance Futures plans to launch USD-margined perpetual contracts for DOGS, offering leverage of up to 75x. This is complemented by the inclusion of DOGS in Binance Launchpool, allowing users to farm DOGS by staking BNB and FDUSD tokens.

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.

Shares:

Related Posts

market news contact