Binance, a top global crypto exchange, is now supporting a memecoin created by the Telegram messaging community.
Binance has made a brand new announcement. says The Open Network is listing the memecoin Dogs (DOGS) on its layer-1 blockchain.TON).
Binance is launching DOGS for trading on August 26th. The Binance Launchpool allows users to place coins in order to grow new assets. Binance plans to trade the DOGS asset on August 26th.
Says Binance,
“DOGS is designed to leverage Telegram’s vast user base and native meme culture. Centered around a beloved dog mascot originally drawn by Telegram’s founder, DOGS aims to introduce millions of people to blockchain through the app and tokenized stickers, fostering a fun and engaging ecosystem with a focus on community ownership and fair rewards distribution.”
Binance estimates that DOGS’s total supply will be approximately 94% (516,750,000,000) of its total token supply.
Binance has assigned a DOGS seed tag. The exchange will apply this to projects with lower liquidity that could exhibit greater volatility than other tokens listed.
Binance asks users with assets marked by seed tags to take quizzes at least every 90-days to make sure that they are aware of all the potential risks.
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