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Altcoin News

17 Million Users Claims DOGS Token in 2 Weeks 

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: September 10, 2024 10:03 PM
Published 2024-09-10
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17 Million Users Claims DOGS Token in 2 Weeks

The TON blockchain’s recent DOGS token distribution has set several major records, with 17 million users claiming their tokens in just two weeks. 

17 Million Users Claims DOGS Token, Source: Twitter

This surge has significantly boosted TON’s daily activity, with daily active users reaching up to 1.1 million and a one-day transaction peak of 14.4 million, largely driven by the token’s popularity.

DOGS, inspired by Telegram founder Pavel Durov’s dog sketch, has now become the token with the most unique holders (4.5 million wallets) across all chains except for USDt on TRON and Ethereum. This makes it the largest meme token generation event (TGE) in history.

Key statistics from this event:

  • 53 million users engaged with the DOGS Mini App.
  • 42.2 million users were eligible for the airdrop.
  • 4.5 million unique wallets now hold DOGS.

This level of engagement is virtually unheard of in the Web3 space. The TON blockchain aims to capitalize on this momentum with more TGEs planned for CatizenAI and Hamster Kombat in September, expected to bring millions of additional users to the ecosystem. These launches signal an expansion of TON’s influence within the memecoin market and the broader blockchain community.

Despite the Dogs token’s excellent introduction, the TON community anticipates an even greater impact on future Hamster Kombat and Catizen airdrops. The two airdrops may occur in this month.

Also Read: Popcat and DOGS Surges as Bitcoin Climbs to $56K

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:
Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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