Understanding Binance's Latest Launchpool Project: DOGS

[DearMary]

On August 21, 2024, Binance announced the launch of the 57th project on its Launchpool: Dogs (DOGS). The webpage for this new token mining will go live within 24 hours before the pool starts. Users can stake their BNB and FDUSD in separate pools to mine DOGS tokens over three days, starting at 00:00 (UTC) on August 23, 2024. Binance will list DOGS and open trading pairs (DOGS/USDT, DOGS/BNB, DOGS/FDUSD, DOGS/TRY) at 12:00 (UTC) on August 26, 2024. A seed tag will be applied to DOGS.

Launchpool Details:

- Token Name: Dogs (DOGS)
- Maximum Supply: 550,000,000,000 DOGS
- Initial Circulation: 516,750,000,000 DOGS (93.95% of the total supply)
- Total Mining Amount: 22,000,000,000 DOGS (4% of the maximum supply)
- Mining Period: From 08:00 on August 23, 2024, to 07:59 on August 26, 2024 (UTC+8)

Introduction:

DOGS (DOGS) is a meme coin designed to embody the spirit and culture of the Telegram community. The coin has a unique backstory, setting it apart from other cryptocurrencies. It is inspired by Spotty, the unofficial mascot of VK (a Russian social media site), created by Pavel Durov during a charity auction. Spotty quickly became a beloved symbol, and now DOGS aims to bring this tradition into the world of cryptocurrencies.

Spotty’s journey began when VK’s founder, Pavel Durov, drew the iconic dog during a charity auction to support orphanages. Spotty became a symbol of care and charity, with 100% of the sales of Spotty-themed gifts going to support orphanages and children's homes. Over the years, Spotty's adventures have ranged from being one of VK's earliest sticker characters to appearing at VK Fest, and even going to space!

Tokenomics:

DOGS tokenomics were released in the Telegram community. The total supply of DOGS is 550,000,000,000, distributed as follows:

1. 81.5% allocated to the community (no lock-up):
   - 73% belongs to Telegram OGs who earned DOGS in-app;
   - The remaining portion is reserved for rewarding traders, creators, and future community members.
2. 10% allocated to the team and future development.
3. 8.5% reserved for liquidity on CEX and DEX, and for listing-related activities.

How DOGS Works:

1. Join the Dogs Bot: Start by joining the Dogs Bot on Telegram.
2. Activate the Bot: Click the "Start" button after joining. The bot will guide you through the process.
3. Verify Your Telegram Usage: The bot will ask you to verify your time spent on Telegram. The more you’ve used Telegram, the more DOGS tokens you’ll receive.
4. Claim Your DOGS Tokens: After verification, the bot will reward you with DOGS tokens based on your Telegram activity.
5. Share with Friends: Tell your friends about the Dogs Bot. The more people join, the stronger the community becomes, potentially increasing the value of DOGS tokens.

Distribution:

One of the most exciting aspects of DOGS is its distribution method. Unlike traditional mining or purchasing, DOGS tokens are distributed based on users’ Telegram activity. Here’s how you can earn DOGS tokens:

- Your Telegram Account Age: The older your Telegram account, the more DOGS tokens you might receive. This rewards long-term users of the platform.
- Telegram Premium Subscription: Users with Telegram Premium subscriptions receive additional benefits and more tokens, encouraging more people to subscribe to Telegram Premium, thereby enhancing their overall Telegram experience.
- OG Status: OG (Original Gangster) status indicates that you are a long-time active Telegram user. This status allows you to earn more DOGS tokens in recognition of your loyalty and activity on the platform.

Latest Updates on DOGS:

Extension of Airdrop Claim Period Announced Again:
The DOGS project team has announced that over 8 million verified users have requested to have their DOGS directly deposited into exchanges and Telegram wallets. DOGS has decided to adjust the TGE (Token Generation Event) date once more. The updated schedule is as follows:

- The claim period for exchanges and Telegram wallets will be extended until 24:00 (UTC+8) on August 23.
- Claims for non-custodial wallets will be available from 16:00 (UTC+8) on August 26.
- TGE and listing will occur at 20:00 (UTC+8) on August 26.

DOGS Listed on Multiple Exchanges:

- Bitget opened DOGS/USDT trading at 20:00 (UTC+8) on August 20.
- OKX will open DOGS/USDT spot trading between 19:00 and 20:00 (UTC+8) on August 23.
- Binance will list DOGS and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY trading pairs at 12:00 (UTC) on August 26.
- Gate.io will begin trading DOGS at 20:00 (UTC+8) on August 26.

[bayu7adi]

I know, that lately there are a lot of people talking about DOGS, even many have high expectations like their expectations for NOT coin... however, shouldn't this kind of info be written on the Board: Meme Coins?

Even if you discuss launchpool or the mechanism to get it >> $DOGS, Meme Coin board is still the most appropriate in my opinion... correct me if I'm wrong

[Azharul]

At last Bnance will listing to DOGS, it’s very happy news for DOGS users. We know binance always give us benefits, so i believe that every DOGS users will be must benefits. We know that Binance listing of 26 August, and it also open  trading pairs. So i think it is the best opportunity for every DOGS users. But we also think for it’s market prices. I also hope binance will give excellent price, because this multiple exchange will spread in all over the world.

[Mia Chloe]

I know, that lately there are a lot of people talking about DOGS, even many have high expectations like their expectations for NOT coin... however, shouldn't this kind of info be written on the Board: Meme Coins?

Even if you discuss launchpool or the mechanism to get it >> $DOGS, Meme Coin board is still the most appropriate in my opinion... correct me if I'm wrong

Of course there have been a lot of people excited and anticipating the launch of DOGS many of them are actually having this belief in the coin because of its value on the pre- market launch which really doesn't actually guarantee that it's going to be listed on that price. Anyways let's just say you can't really tell the potential of the token yet till its lunch I guess the best that can be done is predict its performance in the future.
Anyways I have come across a couple of news where they shifted the launch date of the coin. I guess the anticipators would be hopeful that they obviously don't turn out like them tapswap that has always been postponing their launch date for a long time now.

[hugeblack]

I know, that lately there are a lot of people talking about DOGS, even many have high expectations like their expectations for NOT coin... however, shouldn't this kind of info be written on the Board: Meme Coins?

I see that most of these accounts are newbies trying to promote $DOGS by creating such topics and promises that it is a golden opportunity to make profits, but what happens is that they are promises without any logical reason for the rise of this token.

[_act_]

I know, that lately there are a lot of people talking about DOGS, even many have high expectations like their expectations for NOT coin... however, shouldn't this kind of info be written on the Board: Meme Coins?

I see that most of these accounts are newbies trying to promote $DOGS by creating such topics and promises that it is a golden opportunity to make profits, but what happens is that they are promises without any logical reason for the rise of this token.

I think the reason they are posting about it is because they are receiving airgapped of the token on telegram. All of them will make money from the airdrop and sell it. I think this project is not going to be more than how NOT was. NOT is now at almost the price it was when it was launched. It increased almost 3x before falling back. I guess some people might have invested in it when the price was going up. If they have not sold their coins they would be at loss by now if they bought it at a higher price.

[robelneo]

There's a lot of noise, and so many topics were created concerning Dogs' listing. Holders are anticipating profit because there's no monetary investment, only time and effort, and so many are bullish on this token because so many exchanges are listing it. It's coming from a very popular social messaging application.
Of all the memes that have been shilled, this one holds a promise, and it will show on day one; there's going to be a massive dump that's always expected on airdrop. Let's see how the trading and market cap go. We'll see its potential from there, but now, I don't expect much from this token.

[hugeblack]

I know, that lately there are a lot of people talking about DOGS, even many have high expectations like their expectations for NOT coin... however, shouldn't this kind of info be written on the Board: Meme Coins?

I see that most of these accounts are newbies trying to promote $DOGS by creating such topics and promises that it is a golden opportunity to make profits, but what happens is that they are promises without any logical reason for the rise of this token.

I think the reason they are posting about it is because they are receiving airgapped of the token on telegram. All of them will make money from the airdrop and sell it. I think this project is not going to be more than how NOT was.

Yes, but they do not post referral links or any promotional links, so they have no interest in sharing the token. It would make more sense if the #DevelopmentTeam  was the one who paid for this spam to continue.

[MAS1ACOIN]

On August 21, 2024, Binance announced the launch of the 57th project on its Launchpool: Dogs (DOGS). The webpage for this new token mining will go live within 24 hours before the pool starts. Users can stake their BNB and FDUSD in separate pools to mine DOGS tokens over three days, starting at 00:00 (UTC) on August 23, 2024. Binance will list DOGS and open trading pairs (DOGS/USDT, DOGS/BNB, DOGS/FDUSD, DOGS/TRY) at 12:00 (UTC) on August 26, 2024. A seed tag will be applied to DOGS.

Launchpool Details:

- Token Name: Dogs (DOGS)
- Maximum Supply: 550,000,000,000 DOGS
- Initial Circulation: 516,750,000,000 DOGS (93.95% of the total supply)
- Total Mining Amount: 22,000,000,000 DOGS (4% of the maximum supply)
- Mining Period: From 08:00 on August 23, 2024, to 07:59 on August 26, 2024 (UTC+8)

Introduction:

DOGS (DOGS) is a meme coin designed to embody the spirit and culture of the Telegram community. The coin has a unique backstory, setting it apart from other cryptocurrencies. It is inspired by Spotty, the unofficial mascot of VK (a Russian social media site), created by Pavel Durov during a charity auction. Spotty quickly became a beloved symbol, and now DOGS aims to bring this tradition into the world of cryptocurrencies.

Spotty’s journey began when VK’s founder, Pavel Durov, drew the iconic dog during a charity auction to support orphanages. Spotty became a symbol of care and charity, with 100% of the sales of Spotty-themed gifts going to support orphanages and children's homes. Over the years, Spotty's adventures have ranged from being one of VK's earliest sticker characters to appearing at VK Fest, and even going to space!

Tokenomics:

DOGS tokenomics were released in the Telegram community. The total supply of DOGS is 550,000,000,000, distributed as follows:

1. 81.5% allocated to the community (no lock-up):
   - 73% belongs to Telegram OGs who earned DOGS in-app;
   - The remaining portion is reserved for rewarding traders, creators, and future community members.
2. 10% allocated to the team and future development.
3. 8.5% reserved for liquidity on CEX and DEX, and for listing-related activities.

How DOGS Works:

1. Join the Dogs Bot: Start by joining the Dogs Bot on Telegram.
2. Activate the Bot: Click the "Start" button after joining. The bot will guide you through the process.
3. Verify Your Telegram Usage: The bot will ask you to verify your time spent on Telegram. The more you’ve used Telegram, the more DOGS tokens you’ll receive.
4. Claim Your DOGS Tokens: After verification, the bot will reward you with DOGS tokens based on your Telegram activity.
5. Share with Friends: Tell your friends about the Dogs Bot. The more people join, the stronger the community becomes, potentially increasing the value of DOGS tokens.

Distribution:

One of the most exciting aspects of DOGS is its distribution method. Unlike traditional mining or purchasing, DOGS tokens are distributed based on users’ Telegram activity. Here’s how you can earn DOGS tokens:

- Your Telegram Account Age: The older your Telegram account, the more DOGS tokens you might receive. This rewards long-term users of the platform.
- Telegram Premium Subscription: Users with Telegram Premium subscriptions receive additional benefits and more tokens, encouraging more people to subscribe to Telegram Premium, thereby enhancing their overall Telegram experience.
- OG Status: OG (Original Gangster) status indicates that you are a long-time active Telegram user. This status allows you to earn more DOGS tokens in recognition of your loyalty and activity on the platform.

Latest Updates on DOGS:

Extension of Airdrop Claim Period Announced Again:
The DOGS project team has announced that over 8 million verified users have requested to have their DOGS directly deposited into exchanges and Telegram wallets. DOGS has decided to adjust the TGE (Token Generation Event) date once more. The updated schedule is as follows:

- The claim period for exchanges and Telegram wallets will be extended until 24:00 (UTC+8) on August 23.
- Claims for non-custodial wallets will be available from 16:00 (UTC+8) on August 26.
- TGE and listing will occur at 20:00 (UTC+8) on August 26.

DOGS Listed on Multiple Exchanges:

- Bitget opened DOGS/USDT trading at 20:00 (UTC+8) on August 20.
- OKX will open DOGS/USDT spot trading between 19:00 and 20:00 (UTC+8) on August 23.
- Binance will list DOGS and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY trading pairs at 12:00 (UTC) on August 26.
- Gate.io will begin trading DOGS at 20:00 (UTC+8) on August 26.

Great post! I'm excited to learn more about the DOGS project and its unique distribution model based on Telegram activity. It's a creative approach that rewards long-term users and encourages community growth.

I'm also actively participating in the Bingx or some exciting opportunities to earn rewards and connect with the crypto community.

Let's see who can claim the most DOGS tokens and Bingx rewards! 🏆

[Mr. Magkaisa]

      -        I am pretty sure that once this Dogs is listed on Binance, many people will expect that its price will suddenly rise in the market and possibly even exceed Notcoin's ATH, but that's just my opinion for now.

But it is also possible that it will fall immediately because most people will think that there will be a lot of selling, and they will do it. The strategy they will use is to buy in dip, and usually the ones who will do this are probably whales.

[robelneo]

But it is also possible that it will fall immediately because most people will think that there will be a lot of selling, and they will do it. The strategy they will use is to buy in dip, and usually the ones who will do this are probably whales.

Not all participants are investors; many of them are bountyhunters or are just looking free money and are not patient enough to invest for a future profit so expect dump on the price and at this early stage the selling pressure is higher than the buying pressure, it will have a turn around in a few months more after people see the development of Dogs.

[akeemqaz]

Hopefully, dogs airdrop will worth a good price. I expect a good price because I know not everyone will claim their dogs earning and that might be a reason to burn some unclaimed dogs which will reduce the supply and favor the price

[Wiseman]

Hopefully, dogs airdrop will worth a good price. I expect a good price because I know not everyone will claim their dogs earning and that might be a reason to burn some unclaimed dogs which will reduce the supply and favor the price

Everything will depend only on the people who are interested in buying these dogs from you, and these people must be very large investors, we will not delve into the topic of investments here, but I will note that we do not know much about investments of 100+ million in such projects, this is clear and it is not yet clear how attractive this dog looks in this regard, time will tell, but I think that you should not drain everything at once, it is better to wait, or sell only part.

[SonofOlympus]

Hopefully, dogs airdrop will worth a good price. I expect a good price because I know not everyone will claim their dogs earning and that might be a reason to burn some unclaimed dogs which will reduce the supply and favor the price

Everything will depend only on the people who are interested in buying these dogs from you, and these people must be very large investors, we will not delve into the topic of investments here, but I will note that we do not know much about investments of 100+ million in such projects, this is clear and it is not yet clear how attractive this dog looks in this regard, time will tell, but I think that you should not drain everything at once, it is better to wait, or sell only part.

True True, it's best not to hastily sell everything for now because the token and even other TON tokens are gaining a lot of attention and rallying a lot of support everywhere especially with the free Durov campaign. Especially on Reddit we can see a lot of new subreddit like https://www.reddit.com/r/TonDiscussion/ [nofollow] this one and many others focused on TON. This can spell a huge rise for the ecosystem and DOGS as well.

[albon]

The dogs project was the best project this year especially telegram mining made a lot of money by all hunter. Moreover many investors from different exchanges also got good profits from the dogs project. Meanwhile dogs token listing list binance, kucoin, gate, bybit are listed on many major exchanges. At this moment if you see the marketcap of dogs token, you will understand the power of dogs. So far the price of dogs token has not been dumped so much. There were many big airdrops rewards from dogs, but compared to that dumping traffic is not available.