The emerging Meme coin DOGS in the TON ecosystem is rapidly gaining popularity

Recently, a Meme token named DOGS has attracted widespread attention in the cryptocurrency circle, with an astonishing user growth rate. This project, based on the TON blockchain and the Telegram platform, has attracted over 1 million users to participate within just 24 hours through its unique airdrop and invitation mechanism. As of now, its Telegram channel has surpassed 1.75 million members.

The iconic black and white dog image of DOGS is inspired by Spotty, the mascot designed by the founder of TON. The project team stated that DOGS aims to integrate the spirit and culture represented by Spotty into the cryptocurrency world, creating a unique, community-driven project that is fun.

The threshold for participating in the DOGS airdrop is very low; you only need to have a Telegram account. The bot will automatically allocate points based on users' account information (such as duration of use, whether they are a Premium member, etc.). According to tests, most users can receive around 800-3000 points. For example, an account that has been used for one year on Telegram can receive about 990 points, while a four-year-old account can get about 3000 points. Additionally, inviting new users to join can also earn extra points.

It is worth noting that these points are currently just numbers and their actual value has not yet been determined. The project team has not yet announced how points can be exchanged for tokens and more details. In the future, users may need to create a TON wallet and top up with TON tokens to receive DOGS.

The TON ecosystem has recently developed rapidly, with its total locked value (TVL) continuously setting new records. According to data, as of July 11, the TVL of the TON network has exceeded $714 million, while the market capitalization of the TON token has reached $17.9 billion, ranking eighth among cryptocurrencies worldwide.

In the current market environment, the combination of Meme coins and the TON ecosystem has garnered widespread attention. Although there are already Meme projects like FISH and REDO in the TON ecosystem, they have yet to achieve a true breakthrough. In contrast, the TON ecosystem is more focused on areas such as mini-games, payment applications, and cross-border e-commerce, while being relatively weak in the DeFi and Meme sectors.

The viral distribution model of DOGS seems to bring it the potential to become a flagship Meme project in the TON ecosystem. In a time when market dynamics may change, such innovative projects are undoubtedly worth keeping a close eye on.