The memecoin market is getting more active as DOGS Token on The Open Network (TON) blockchain gains popularity. In just three days, the Total Value Locked (TVL) for DOGS on Binance Launchpool has jumped to over $6 billion, making it one of the most popular farming options on the platform.
Reason of Interest and Popularity of DOGS Token
This big interest in DOGS Token comes from a few key things. It has gained over 53 million followers who like its mix of humor, culture, and finance. The token‘s link to Telegram founder Pavel Durov’s meme character ‘Spotty’ has also made it more popular
The Token Generation Event (TGE) has been pushed from August 23rd to August 26th. This delay is due to a large number of registrations, with over 8 million users signing up to deposit their DOGS tokens into exchange wallets and the Telegram Wallet.
Despite the delay, people are still very excited about DOGS Token. Its growing community and high TVL on Binance Launchpool suggest it could have a big impact in the digital asset market.
