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BTCC / BTCC Academy / Research & Analysis

OKX to Add Telegram’s Native Meme Coin DOGS

Written by C, Fiona
Last updated: 2024-08-16
Why Trust BTCC
BTCC, a seasoned player in the cryptocurrency sector, has established a solid foundation of credibility through its over a decade of platform operation and profound industry experience. The platform boasts an experienced team of professional analysts who leverage their keen market insights and profound understanding of blockchain technology to offer precise market analyses and investment strategies to users. Furthermore, BTCC adheres to rigorous editorial standards, ensuring that every report and analysis is fact-based, striving for objectivity and fairness, thus providing investors with authoritative insights they can rely on. In the rapidly evolving cryptocurrency market, BTCC stands out as an indispensable partner for numerous investors and enthusiasts due to its stability, professionalism, and forward-thinking approach.

 

key Takeaways:

 

On August 20, 2024, OKX will launch the DOGS meme coin for spot trading; futures will be accessible one day sooner.

DOGS has gained a lot of buzz and a devoted following on social media due to its association with Telegram’s Web3 initiative.

DOGS will operate on the TON blockchain of Telegram, similar to PEPE and WIF on Ethereum and Solana, respectively.

 

 

 

OKX, a top three crypto trading platform ranked by volume, has revealed its intention to list DOGS meme coin. Buzzing on social media, the token is sparking speculation as a potential Telegram success story. Both the token’s name and ticker are designated as DOGS, and its logo sports an image echoing Spotty, the beloved mascot created by Telegram founder Pavel Durov for the vibrant community.

 

 

 

Will OKX Soon Offer DOGS for Spot Trading?

 

 

With deposits already open, DOGS will be listed on OKX for spot trading starting August 20 at 12:00 UTC, with withdrawals commencing the following day. The integration of DOGS with the Telegram blockchain has been a talking point in crypto markets, given the messaging giant’s push into Web3. This listing on a prominent exchange is expected to bolster market sentiment towards the token, as listings on such platforms often lead to increased trading volumes and liquidity. This, in turn, could foster price stability and potentially drive up the value of DOGS in the long term. However, investors should be prepared for a possible “buy the rumor, sell the news” scenario, where some of the recent gains may be erased following the official listing. Nonetheless, the buzz surrounding DOGS, fueled by its upcoming listing and blockchain integration, has undoubtedly captivated the crypto community. Additionally, USDT-margined DOGS pre-market futures will kick off at 12:00 UTC on August 19, 2024, further expanding trading options for enthusiasts of this meme coin.

Details about DOGS’ tokenomics are still unclear, but the team has confirmed several key aspects: a fixed supply, absence of lock-up periods, majority community ownership, and enhanced utility within the Telegram ecosystem. The question remains whether DOGS will ascend to the ranks of Telegram’s illustrious projects, following in the footsteps of viral sensations like Notcoin, Hamster Kombat, and Catizen. Historically, community-driven meme coins have exhibited remarkable price fluctuations, with Ethereum’s Pepe (PEPE) and Solana’s dogwifhat (WIF) as prime examples. Already, DOGS is gathering similar momentum, rapidly gaining popularity on X (previously known as Twitter) and within a Telegram community exceeding 14.8 million subscribers. According to OKX, “Labeled as the ultimate Telegram-native memecoin, DOGS has seemingly swept the TON ecosystem by storm. Despite its young age, merely a few weeks old, it has amassed a huge following.” The excitement surrounding DOGS is palpable, and its potential to join the ranks of Telegram’s most successful projects is highly anticipated.

OKX To List DOGS For Spot Trading. As meme coins often reflect market sentiment, a potential market downturn may affect DOGS’ price negatively. Trade DOGS on OKX and stay updated on market trends for smart investment decisions.

 

 

Where To Buy Crypto?

 

You can trade Memecoin on BTCC Now.  Over 300 USDT-margined perpetual trading pairs are available for users to trade, including many popular altcoins and meme-coins.

 

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You can deposit and receive up to 10,055 USDT now when you sign up and verify your account on BTCC Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.

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About BTCC

 

BTCC is a leading cryptocurrency trading platform that is distinguished by its ability to balance the simplicity of use with advanced features. It provides a comprehensive educational program through the BTCC Academy, 24/7 customer support, and robust security to both novices and experts. BTCC is a top choice for digital asset investors due to its emphasis on user contentment, which fosters a secure and informed trading environment across a variety of cryptocurrencies.

 

BTCC is one of the few exchanges in the market that offers high-leverage options for investors and concentrates extensively on futures trading. Users have access to more than 300 USDT-margined perpetual trading pairs, which encompass numerous prominent altcoins and meme-coins. Additionally, the platform has recently implemented spot trading to facilitate novice users who may not be acquainted with futures trading.

 

 

  • Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.
  • A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.
  • Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.
  • Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.
  • Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.

 

 

 

 

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