The Dogs Coin crypto community announced that the $DOGS token might be listed on August 20 on 15 major exchanges, including Budget, OKX, and Bybit. They also announced a huge 400 billion DOG tokens airdrop on the same day. This news has excited $DOGS token fans in Nigeria, who are eager to know its price range and exchange rate with Naira and USD.
This event is a major boost for the DOGS token, increasing its visibility in the growing meme coin market and reaching a wider audience. Being featured in the ‘Innovation and MEME Zone’ shows its potential as an exciting and standout project in the crypto space.
Nigeria is among the top countries excited about this token. Nigerians have been very enthusiastic about Telegram-based tap-to-earn projects because they offer good earning opportunities. They’ve eagerly tapped their screens for dollars or naira with platforms like Blum, Hamster Kombat, Notcoin, and TapSwap.
Tentative price of $DOGS at launch?
With the news of the $DOGS airdrop listing, analysts expect the price to be around $0.00055. This estimate considers how easy it is for early adopters to access the token and its potential value.
At the start, $DOGS may see a lot of price changes. If things go well, its popularity could push the price up to $0.00825 per unit, making it 15 times more valuable than at the beginning.
If $DOGS drops after an initial rise, it might fall to about $0.0004125. Early investors might cash out then. This drop of about 25% is normal in volatile crypto markets.
If $DOGS drops, it might settle around $0.0020625. This price would still be a good increase from the start and could attract new investors who missed the initial excitement.
DOGS Airdrop Price: Naira vs. USD Comparison
Many Nigerians want to know the $DOGS token price in USD compared to NGN (Naira). If $DOGS costs $0.00055, and 1 USD equals 1600 NGN, each $DOGS token would be worth 0.088 NGN. If the price goes up to $0.00825, each $DOGS token would be worth ₦13.2.
$DOGS Tokenomics
More than 42.2 million users can claim the airdrop, with an average of 9,500 DOGS per claim. This information is based on the tokenomics shared on Telegram.
- Tokens in total supply: 550 billion
- 81.5% went towards the community, with Telegram OGs receiving 73%.
- 8.5% designated for listing and liquidity-related operations
- 10% set aside for the group and upcoming projects
$DOGS will soon offer tradable and mintable on-chain stickers. Starting August 20, users can claim tokens to a non-custodial wallet. They will need Toncoin to pay transaction fees. Users should check they have enough Toncoin before claiming $DOGS. Toncoin can be bought with Stars or through exchanges.
Conclusion
The launch of $DOGS marks a new phase for meme coins, especially for Nigerian crypto fans. If $DOGS increases in value after listing, it could be a big financial opportunity for Nigerians.
However, it’s important to be careful with crypto investments. The success of $DOGS will depend on community support, market trends, and the project meeting its goals.
