The memecoin market has emerged as a formidable force in the cryptocurrency landscape, boasting a combined $38 billion market cap.
Among the myriad of coins launched over the years, those featuring dogs have frequently stood out as the most popular and influential.
In this article, we delve into the blend of dogs with digital assets and introduce our newest listing: DOGS.
Dogs in Meme Culture
Memecoins have thrived thanks to the immense influence of meme culture. While some are created purely for fun, others have the potential to unite users globally, fostering strong communities around shared interests.
Dogs, cherished by 900 million people worldwide, are a perfect example of this phenomenon. Their widespread appeal stems from their relatable personalities and attributes, making them ideal symbols for memecoins. Doge, for instance, exemplifies this connection.
The original Doge meme, featuring the late Kabosu, a Shiba Inu, began with a photo taken in 2010 and gained viral status three years later. Since then, various dogs, including the late Cheems (Balltze), have become prominent figures in internet meme culture.
Dogecoin, the most notable memecoin inspired by Doge, has maintained its position at the top of the memecoin market cap leaderboards. While Pepe also holds significant meme status, the current top five memecoins by market cap are predominantly dog-themed or based on Shiba Inus.
Dogs in Memecoin Culture
Dog-themed coins are popular, but why? Many top dog-themed projects have a strong market presence, often due to their foundations on robust blockchains and the strength of their communities. These communities are not only strong internally but also effective in attracting new members.
Furthermore, the endorsement of celebrities like Elon Musk and Snoop Dogg, and even politicians, amplifies the hype, making these coins more prominent and successful.
Everything You Need to Know About DOGS
DOGS is a meme community token designed specifically for Telegram users, leveraging The Open Network (TON) blockchain. True to its name, DOGS was launched on various exchanges on International Dogs Day, August 26 this year.
The token’s design is inspired by Telegram founder Pavel Durov’s own dog, “Spotty”, as depicted in a drawing created for a charity auction benefiting orphanages. This personal touch underscores the connection between DOGS and the Telegram community. As a result, 100% of the revenue from Spotty-themed virtual gifts goes to charity.
A drawing of Spotty. Source: Twitter
With over 53 million users involved, and 16 million members in its Telegram group, this memecoin taps into the power of meme culture—particularly the widespread appeal of dogs—and integrates with the Telegram ecosystem, surpassing NotCoin’s user base of 40 million users.
As the 57th project on the Binance Launchpool, DOGS has major ambitions, with a key feature being its Sticker Platform. This platform aims to transform how Telegram users interact with and own digital content on the blockchain. Artists will play a significant role in providing artwork for these stickers, with Creator Tools that empower them to create new NFTs.
According to its Dogenomics, DOGS has a fixed supply of 550 billion tokens. DOGS will serve as the native utility token within the DOGS ecosystem. Of this supply, 81.5% is allocated to the community, with 73% specifically reserved for long-time Telegram users, and the remaining will go to sticker creators and new community members. The remaining supply includes 10% for the team and future development, and 8.5% for liquidity.
So far, 8 million users have claimed its airdrop, with 42 million total eligible to claim, and there are now 15 million connected wallets—staggering numbers even for the crypto world. DOGS is now live on various major crypto exchanges, including BTSE.
Start trading DOGS on BTSE today! For news on other exciting token announcements, click here.
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at support@btse.com or on X @BTSE_Official.
Disclaimer: BTSE blog content is intended solely to provide varying insights and perspectives. It does not constitute financial, legal, or investment advice and should not be relied upon as such. The views expressed are not necessarily those of BTSE. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Trading involves substantial risk due to market volatility, and past performance is not indicative of future results. Always trade with caution and consider seeking advice from a qualified professional before making any financial decisions.
