The memecoin craze has reached The Open Network (TON) with the announcement of the DOGS token airdrop for all users of the instant messaging app Telegram.
Created by anonymous developers, this memecoin is inspired by Spotty, the unofficial mascot of VK (a popular Russian social network), designed by Telegram founder Pavel Durov during a charity auction. Spotty gained rapid popularity in Russia and now arrives on TON to fuel the memecoin market on the fastest-growing Layer 1 network in terms of adoption in 2024.
Key Highlights of the DOGS Airdrop
- Target Audience: All Telegram users, with allocations based on account age, activity, and Premium/OG status.
- Goal: Boost Telegram’s Web3 integration and reward active TON users.
- Market Impact: Capitalizes on the 2024 memecoin frenzy that propelled networks like Solana and Base.
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Eligibility Criteria and Token Allocations
The DOGS airdrop was announced on July 9, with users immediately able to check their eligibility. Key factors include:
| Criteria | Allocation Impact |
|---|---|
| Account Creation Date | Older accounts receive larger allocations. |
| Activity Level | Frequent users earn more. |
| Premium/OG Status | Extra tokens for Premium or OG users. |
Pre-Market Performance:
DOGS surged 2,000%+ on Bitget’s pre-market, rising from $0.004838 (July 11) to $0.11597.
How to Claim DOGS Tokens
- Prerequisites:
- An active Telegram account created before the airdrop announcement.
- Enabled TON Wallet in Telegram settings.
- Steps:
- Access the official DOGS bot.
- Verify eligibility and allocated tokens.
- Follow DOGS’ official Telegram/X channels for updates.
⚠️ Caution: Beware of scams—only use verified links.
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New Memecoins Follow DOGS’ Success
After DOGS, TON saw a wave of animal-themed memecoins:
– CATS, PIGS, DUCKS, and FISH, each with similar claim processes.
– Community Growth: CATS alone amassed 3M+ users.
Analyst Warning: Rafael Castaneda noted that simultaneous launches may dilute market traction.
FAQs
Q1: When will DOGS tokens be distributed?
A: The exact date is unannounced, but pre-market trading is live.
Q2: Can new Telegram users participate?
A: No—only accounts created before July 9 qualify.
Q3: How to avoid scams?
A: Use only official bots/channels and never share private keys.
Q4: Why is TON ideal for memecoins?
A: Its Telegram integration drives mass adoption and low-barrier entry.
Q5: Will DOGS list on major exchanges?
A: Likely, given its pre-market demand, but unconfirmed.
Q6: Are other memecoins worth investing in?
A: Research community activity and developer transparency first.
Conclusion
The DOGS airdrop exemplifies TON’s strategy to merge Telegram’s user base with Web3 incentives. While memecoins offer high-risk/high-reward opportunities, caution and due diligence are vital.