The $DOGS token, a memecoin operating on the TON blockchain, has seen a surge in popularity, attracting a community of over 53 million users. Much of this growth can be attributed to its deep integration with Telegram. Users can earn $DOGS tokens by participating in various activities within the messaging app.
Recently, a significant airdrop campaign was launched to reward loyal Telegram users. Out of the 53 million-strong community, 42.2 million were eligible to receive $DOGS tokens. The airdrop prioritized long-term users who have been active on the platform, fostering a sense of community and ownership. Notably, 73% of the total token supply was allocated to early Telegram adopters, known as “OGs.”
This strategic airdrop aligns with Telegram’s broader goal of expanding its ecosystem. The $DOGS token offers unique utilities within the platform, making it an attractive option for crypto enthusiasts. With the upcoming launch of $DOGS trading, interest in this memecoin is expected to continue growing.
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In regards to this growth, the Top 1 rank user on the $Dog airdrop with a total of 23.7 million $Dogs came out to unveil his strategy on how he was able to accumulate such numbers after so many questions, “How Did You Get 23.7 million Dogs?”
How Did I Get 23M $DOGS? Airdrop: @erickanadi92 on X, share!
To further elaborate on @erickanadi92 $DOGS Airdrop acquisition, I’d like to highlight the importance of targeted community engagement. While simply connecting with people from high-usage regions is a good start, it’s essential to actively participate in relevant Telegram groups and channels.
By joining discussions, sharing information, and contributing positively to the community, @erickanadi92 was able to establish himself as a trusted member. This trust and credibility played a crucial role in attracting followers and building a network of like-minded individuals.
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Additionally, leveraging social media platforms to promote $DOGS Airdrops and sharing his experiences was instrumental in reaching a wider audience. Platforms like Twitter and Reddit allowed @erickanadi92 to connect with potential investors and generate buzz around the $Dogs Airdrop token.
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It’s important to note that building a significant $DOGS holding requires patience, persistence, and a deep understanding of the project’s fundamentals. By combining targeted community engagement, strategic social media marketing, and a long-term perspective, @erickanadi92 was able to achieve the goal of acquiring 23.7 million $DOGS tokens.
@erickanadi92 DOGs Listing Price Prediction
“550B supply $DOGS.
If 1 dog = 1 star = 0.015 USD
550B DOGS = Market Cap 8.125B USD!
Overvalued??” @erickanadi92 Tweeted on X
@erickanadi92 Long-term Price Prediction
@erickanadi92 said on X “Real $DOGS Supply is not 550B. 30% do claimed. 6M members out of 42.2M request deposit. The rest might never be claimed.
Once people realize that supply is not that much, price start rising”.
Analyzing The $DOGS Supply Discrepancy
There seems to be a discrepancy between the publicly stated total supply of 550 billion $DOGS and the actual number of tokens in circulation, based on @erickanadi92 observations. @erickanadi92 made his opinon on X to motivate and encourage users on $Dogs.
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Potential Reasons for the Discrepancy:
- Inactive Accounts: A significant portion of the 42 million members may be inactive or have abandoned their accounts, leading to unclaimed tokens.
- Technical Issues: There could be technical difficulties or limitations preventing some members from claiming their tokens.
- Misinformation or Inaccurate Data: The publicly available information might not be entirely accurate or up-to-date.
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“Do you know who is ranked 2 on $DOGS?” @erickanadi92 recent tweet at the time of writing.
Analyzing the $DOGS Supply and Potential Market Dynamics
A Lot of individual who got the $Dogs airdrop has been worried about the total supply of Dogs tokens after the team revealed its total supply to the community, and here’s an analysis that Dogs Might be the biggest Meme Airdrop on Ton Blockchain
Key Points Analysis
- $DOGs Token Distribution: The ability to earn 20,000 DOGS by inviting five people has likely led to a significant number of inactive accounts.
- Wallet Connection and Gas Fees: Many members, especially those with small holdings, may be reluctant to connect their wallets and pay gas fees.
- Unclaimed Tokens: A large portion of the 400 billion DOGS airdropped may remain unclaimed due to factors like inactivity and lack of understanding.
- Potential for Price Increase: If a significant portion of the supply remains unclaimed, it could lead to a potential price increase due to a decreased circulating supply.
Additional Considerations
- Market Sentiment: The overall sentiment towards $DOGS and the broader cryptocurrency market will also play a significant role in determining its price.
- Token Utility and Development: If $DOGS has a strong utility or is actively being developed, it could attract more investors and increase demand.
- Whale Activity: The actions of large holders (whales) can significantly impact the price of a token.
Conclusion
Based on your analysis, there is a possibility that a significant portion of the $DOGS supply will remain unclaimed, which could potentially lead to a price increase. However, it’s important to consider other factors such as market sentiment, token utility, and whale activity. What do you think might be the listing price of $Dog? $0.008? Kindly drop your opinion in the comment section.
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