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Dogs Community: A Philanthropic Meme Token That's Giving Back to the Community

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Release: 2024-08-16 06:44:20
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Since its launch in July, Dogs Community has quickly grabbed attention on both X and Telegram, becoming a favored hangout for enthusiasts.

Dogs Community: A Philanthropic Meme Token That's Giving Back to the Community

Dogs Community, a vibrant online space centered around dogs and canine-themed cryptocurrency, has quickly risen to fame, amassing a vast community on both X and Telegram. But what truly sets Dogs Community apart is its philanthropic endeavor.

Every cent generated from user in-app purchases was donated to charity by the Dogs Community team. The total amount raised, $306,808, was divided three ways and given to organizations dedicated to making a positive impact:

The Dogs Community team is committed to continuing this philanthropic initiative, hinting that it may become a tradition worth celebrating.

The Total Supply of 550 billion $DOGS is largely designed to be reinvested in the community, with a specific breakdown as follows:

A strategic allocation of 10% is reserved for the team and future development, with大部分 of it locked up in a 12-month vesting period, ensuring long-term involvement. Next, 8.5% is dedicated to maintaining liquidity on both centralized and decentralized exchanges, as well as funding events related to exchange listings. Notably, $DOGS is positioned to become fully community-owned, rather than just a meme token.

The upcoming introduction of meme stickers that can be minted and traded on-chain is generating excitement, adding another layer of utility to $DOGS.

The post also provided guidance on how to claim tokens, which will be available starting August 16th for token holders. The process of claiming tokens, whether you choose to keep them in your Telegram Wallet or transfer them to a centralized exchange, will begin on that date.

If you haven't already, setting up your accounts and completing your KYC is crucial. You can claim tokens at the following locations:

Finally, for those who prefer a non-custodial wallet, the option to claim tokens there will be available starting August 20th. It's important to note that blockchain transactions incur "gas" fees, which are paid in Toncoin. If you need more Toncoin, you can purchase it through exchanges and send it to your wallet.

Another noteworthy aspect of the Dogs Community is its focus on giving back, which aligns with Vitalik Buterin's approach with his memecoins and is evident in how the community's growth is being channeled. This journey promises to be both rewarding and entertaining.

Also Read: SEC Approves First Ever Bitcoin Leveraged MicroStrategy ETF

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