DOGS is a meme coin built on The Open Network (TON) blockchain, designed to integrate closely with Telegram's ecosystem. Inspired by Spotty, a character created by Pavel Durov, founder of Telegram, the token reflects a combination of meme culture and community engagement.
The DOGS Telegram bot allows users to earn tokens based on the age and activity of their Telegram accounts. Telegram Premium subscribers and long-standing users receive additional bonuses, making this a community-centric token.
DOGS began trading on August 26, launching at a market capitalization of $865 million. However, due to market conditions, DOGS declined by over 32% since launch. It is currently valued at around $557 million, ranking it 8th in meme coins by market cap.