DOGS: the Telegram dog memecoin

In summer 2024 Telegram saw one of the largest airdrops in crypto history. The DOGS memecoin, named after the dog Spotty, reached tens of millions of people, and for many a single tap was enough 🦴

The mini app still opens, and its audience is huge: over two hundred thousand people a month. Here is what the coin is and whether to expect anything from it today.

How the story began

DOGS launched as a Telegram mini app on the TON blockchain. Players collected tokens, invited friends and completed tasks, then received a real coin.

The project said it had no presale and no early investors. That set it apart from many tap games with private rounds 🐕

Who got more

The main criterion was Telegram account age: the older the profile, the more tokens. Telegram Premium users got a bonus, while referrals and tasks added points.

• Eligible users. About 42 million people who interacted with the project.
• Average reward. Around 9,500 DOGS per person.
• Total supply. 550 billion tokens, the vast majority already in circulation.

August 2024 timeline

1. August 14. The last day to earn tokens in the game.
2. August 16. Claiming opened: tokens could go to a Telegram wallet or a centralized exchange.
3. August 20. Trading started on several platforms.
4. August 26. A major exchange listing with multiple pairs. The date slipped from the 23rd.

What a memecoin is and why it matters

A memecoin promises no product or income. Its value rests on attention and community belief. When attention leaves, the price usually falls, sometimes very hard ⚠️

Tokens you received for free are no exception: after listing, the market sets the price, not the airdrop.

Things to remember

• Prices swing. Memecoins can lose value within weeks.
• Do not put in your last money. Buying a memecoin is a bet, not saving.
• Beware of claim links. Scammers mass mail links to get DOGS. Check addresses against official sources.
• Seed phrase. Nobody should ask for it.

How to view it today

As an interesting piece of crypto history and a community that managed to gather millions. If you still hold tokens, keeping or selling is your call, so weigh the risk soberly 🙂

If you are just starting out, do not treat DOGS as a recipe: most similar airdrops never matched that scale.