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The DOGS token draws inspiration from Spotty, the beloved mascot designed by Pavel Durov, the visionary behind TON, exclusively for the Telegram community. This token captures the distinct spirit and lively community of Telegram users. As per the community’s announcement, the token has a noble cause beyond entertainment. The sales proceeds are committed to supporting orphanages and children’s homes, ensuring the continuation of Spotty’s philanthropic mission.
DOGS tokenomics was recently announced on August 15th, 2024, unveiling a total supply of 550 billion tokens. The allocation breakdown is as follows: 81.5% goes to the community, with 73% specifically for Telegram OGs. Another 10% is reserved for the team and future development, while 8.5% is set aside for liquidity and listing activities. According to the data, 42.2 million users are eligible to participate in the airdrop, with an average allocation of 9,500 DOGS per claim.
Bitget, one of the pioneers in the cryptocurrency exchange industry, has witnessed an impressive pre-market trading volume for DOGS-related tokens, surpassing 4 million USDT. This remarkable achievement reflects the high user interest and demand level in this particular market. At present, the DOGS token is trading at around 0.001 USDT in the Bitget pre-market, indicating that the market capitalization of DOGS has the potential to reach 550 million.
Bitget recently revealed that DOGS (DOGS) is set to join the Innovation and MEME Zone of the Bitget Spot market on August 23, 2024, at 12:00 (UTC). Deposits for DOGS are already up and running, allowing users to get in on the action. Bitget is excited to announce a special DOGS/USDT spot trading promotion. From August 23 to 27, users can enjoy zero transaction fees during this limited-time offer.
 
In addition, Bitget has introduced the #BitgetLuckyDogs campaign. Users who deposit 1,000 DOGS or more will be automatically entered into a draw to win an exciting grand prize of up to 1 BTC.