Binance, a top global crypto exchange, is now supporting a memecoin created by the Telegram messaging community.
Binance made an announcement in a recent press release. says The Open Network is listing the memecoin Dogs (DOGS) at layer-1.TON).
Binance is launching DOGS in its Binance Launchpool for the first time on Wednesday, August 23, which allows users to trade DOGS. stake Coins to grow new assets Binance will then plan to list this asset for trading on the 26th of August.
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 is about 550,000,000,000. The circulating token supply, however, will only be around 516.750,000,000. This represents 94% of 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 only accepts users that are able to provide proof of their identity. own Assets with seed tags will be required to take quizzes at least every 90-days to make sure that the purchaser is aware of all the risks involved before they can trade the tokens.
Don’t Miss a Beat – Subscribe Get email notifications delivered straight to your Inbox
Check out the latest news and updates on our website. Price Action
Join us! X, Facebook You can also find out more about the following: Telegram
You can surf to your heart’s content The Daily Hodl Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Before investing in Bitcoin or other digital assets, investors should perform their own due diligence. Your transfers and transactions are entirely at your own risk. own Risk is yours, as are any losses. The Daily Hodl neither advises on the purchase or sale of cryptocurrencies, digital assets or any other type of digital asset. Nor is The Daily Hodl a financial advisor. The Daily Hodl is an affiliate marketer.
Midjourney: Generated Image
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: dailyhodl.com