Telegram, a leading social media platform, has emerged as a launchpad for some of the most viral cryptocurrencies. With 950 million active users, its ecosystem has propelled tokens like Notcoin, Hmaster Kombat, and DOGS to fame. The latest frenzy revolves around the DOGS airdrop, which distributed 40 billion tokens in just 48 hours – a record-breaking milestone.
40 Billion DOGS Tokens Distributed to 2.5 Million Users
DOGS, a TON-based meme coin, recently debuted on major crypto exchanges and quickly gained traction. Inspired by Spotty the dog, the team followed its initial 2.75 billion DOGS distribution to Notcoin holders with this massive 40 billion token airdrop.
On Monday, 2.5 million users received tokens via centralized exchanges. The team announced the completion on Telegram, assuring all eligible participants received their allocations. However, users preferring TON wallet claims experienced delays due to technical bottlenecks.
Price Reaction: 8% Surge Amid Airdrop Momentum
Historically, DOGS airdrops have triggered short-term price spikes. After the previous distribution, the token initially rallied 3% to $0.00133 before correcting 25% weekly.
This time, DOGS jumped 8% in 24 hours to $0.001088, with its:
- Market cap reaching $563 million
- Trading volume up 23% to $482 million
Despite the uptick, DOGS remains 34% below its all-time high ($0.001644), set after Binance listed it as a Launchpool project – a move that originally spiked its price 124%.
👉 Will DOGS reclaim its ATH? Track live price action here
Key Challenges and Future Outlook
Liquidity pressures and sell-offs post-airdrop pose risks. Analysts note that if DOGS holds above $0.00018681**, another rally could follow. Meanwhile, meme coins continue dominating headlines, with some traders turning **$1.2K into $10M during recent token pumps.
FAQ Section
Q: How do I claim future DOGS airdrops?
A: Monitor official Telegram channels for eligibility criteria – typically tied to activity in TON ecosystem apps.
Q: Why did TON wallet users face delays?
A: On-chain processing lagged behind exchange distributions due to higher transaction volumes.
Q: Is DOGS a good long-term investment?
A: Meme coins are highly volatile. Diversify your portfolio and invest only what you can afford to lose.
👉 Explore top meme coins with growth potential
Final Thoughts
The 40 billion DOGS airdrop underscores Telegram’s role in crypto virality. While short-term gains are evident, long-term sustainability depends on ecosystem adoption. Traders should watch liquidity trends and resistance levels for clues on its next move.
**Keywords**: DOGS airdrop, TON blockchain, meme coin, Telegram crypto, token distribution, price surge, Binance Launchpool
**Notes**:
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