Dogs memecoin has finally delivered on its promise, announcing and distributing its highly anticipated crypto airdrop. With approximately 401.5 billion tokens distributed, the Dogs Token team has not only met but exceeded user expectations. This massive airdrop has further solidified the community's confidence in the project, ensuring that the momentum continues as the token prepares for its upcoming exchange listings.
The Dogs Token airdrop statistics are impressive, reflecting the large and active user base of the project:
- 42.2 Million Users Eligible: Out of a total of 53 million users, 42.2 million have been deemed eligible to claim the Dogs Token airdrop.
- Average Airdrop Claim: Eligible users can claim an average of 9,500 $DOGS tokens in the airdrop.
- Claims by Verified Users: Approximately 8 million verified users have already claimed their Dogs Token, opting for direct deposit into crypto exchanges or their Telegram wallets.
- Upcoming Listings: Dogs Token listing is set to be on over 20 crypto exchanges on 26th August 2024.
- Current Airdrop Claims: To date, around 45% of the allocated airdrop tokens have been claimed, equating to 180 billion $DOGS tokens out of the 401.5 billion allocated.
The tokenomics of Dogs Token reveal a well-structured distribution plan aimed at fostering community engagement and project sustainability:
- Total Supply: The total supply of Dogs Token is 550 billion.
- Community Allocation: A significant 81.5% of the total supply, amounting to 401.5 billion tokens, has been allocated for the community.
- User Allocation: Out of the community allocation, 73% is reserved for users, Telegram OGs, and rewards for traders, sticker creators, and future community members.
- Team & Development: 10% of the total supply is allocated for the team and future development, with a major portion subject to a 12-month vesting period.
- Liquidity & Listing Events: 8.5% of the total supply is reserved for liquidity on centralized exchanges (CEXs) and decentralized exchanges (DEXs), as well as for listing-related events.
Dogs Token has successfully fulfilled its commitment by launching the airdrop and allocating and distributing tokens to its 42.2 million eligible users. Additionally, the team has announced the token's listing on all major exchanges, marking another milestone in the project’s development. As the project progresses, it will be interesting to observe the community's sentiment—whether they will cash in their airdrop tokens or hold onto them to become part of something potentially much bigger in the future.
Also Read: DOGS Token Now Live on Binance Launchpool: The Wait Is Over