Introduction
The cryptocurrency market continues to evolve, with new projects being added regularly. One such promising project is DOGS, a cryptocurrency with a focus on both financial innovation and charitable contributions. In this article, we will explain what DOGS is, its role in the crypto space, and its token distribution model. Additionally, we will provide a guide on how to buy DOGS on CoinEx.
What Is DOGS?
History and Development: DOGS is a relatively new cryptocurrency, launched recently in 2024. The project is designed to combine innovative financial solutions with a mission to support charitable causes, specifically focused on helping orphanages and children's homes. Each DOGS transaction contributes to these causes, making it a unique project within the crypto world.
The developers behind DOGS are experienced in both blockchain technology and social entrepreneurship. They maintain accountability to their community, ensuring transparency in both project progress and the allocation of funds to the charitable initiatives supported by the token.
Token Metrics (Dogsnomics)
DOGS has a total supply of 550 billion tokens, with 516.75 billion currently in circulation (as of September 2024). The coin's distribution plan entails distribution through the airdropping of DOGS tokens to the users depending on their activity on the Telegram channel. The distribution model is heavily community-focused:
- 81.5% of the total supply is allocated to the community, with no vesting periods or lock-ins. Of this, 73% was distributed through Telegram mini-app activities. 8.5% is reserved for rewards, including sticker creators and traders.
- 10% of the tokens are allocated to the development team and future projects, with a 12-month lock-in period.
- 8.5% is designated for liquidity purposes across centralized and decentralized exchanges.
Rapid Growth and Community Support
In just over a week, DOGS has gained more than 2.3 million followers on Telegram. This rapid growth reflects the strong community backing the project, which is evident in the high level of interaction across social media platforms. The developers also regularly engage with the community through AMAs (Ask Me Anything) sessions, further boosting community involvement.
This is why the community with $DOGS has many members, and many of them are active as well. High involvement is ensured by using set activities, interacting with the development team during the AMAs (Ask Me Anything) sessions, and appreciating the community's efforts in organizing events.
DOGS has also garnered support from notable figures in the crypto industry, adding to its legitimacy and appeal
Long-term DOGS Price Prediction
Based on historical crypto trends and the BTC halving cycles, here is a price forecast for DOGS from 2025 to 2030:
DOGS Price Prediction for 2025:
DOGS could see prices between $0.001277 and $0.004782 by 2025, offering the potential for a 363.51% appreciation from current levels.
DOGS Price Prediction for 2030:
The DOGS price forecast for 2030 suggests a range of $0.172771 to $0.433800, reflecting significant growth.
Financial Liability and Social Benefit
Even though most investors' primary motivation regarding the $DOGS tokens could be the business's profits, one has to appreciate the project's social contributions.
In fact, $DOGS guarantees that when it rises to the top, society's vulnerable, such as orphans, will be beneficiaries of the skyrocketing funds from the supported orphanages and children's homes. It must be pointed out that $DOGS is one of the few cryptocurrencies that focuses on both profitability and charitable activity.
The charitable events on the project premises are well-recorded and disseminated to the public. This is accompanied by periodic updates regarding the utilization of the funds and the progress of the supported institutions to foster continued investment.
This has the added advantage of improving project credibility while creating shared ownership by investors and other stakeholders.
How to Buy DOGS on CoinEx
Follow these simple steps to purchase DOGS on the CoinEx platform:
- Create an Account: Sign up for a CoinEx account by visiting the official website.
- Verify Your Account: Complete the required verification steps to secure your account.
- Deposit Funds: Add funds using your preferred payment method.
- Search for DOGS: Use the search bar to find DOGS on CoinEx.
- Place an Order: Select the amount of DOGS you want to buy and place your order.
- Confirm Purchase: Review your details and confirm the purchase.
Conclusion
DOGS is a unique meme coin with strong ties to the Telegram platform, blending charitable initiatives with cryptocurrency. The project has garnered attention due to its community-focused token distribution and support from key industry figures. However, as with any meme coin, DOGS may experience high volatility, so investors should carefully consider the risks.
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