This event will be live-streamed on the official $DOGS account on X (formerly Twitter), where about $4 million worth of tokens will be permanently taken
Cryptocurrency projects $DOGS and $NOT are gearing up for a massive joint token burn event on October 9, 2024, at 1 PM UTC.
This event will be live-streamed on the official $DOGS account on X (formerly Twitter), where tokens valued at approximately $4 million will be permanently removed from circulation.
The decision to burn the tokens arose from a recent community vote on the fate of unclaimed airdrop tokens. Subsequently, the $DOGS project will burn around 4.8 billion tokens, while $NOT will also contribute tokens to the burn event.
In a gesture of societal contribution, DOGS will donate approximately 6 billion unclaimed tokens, valued at around $4.5 million, to charities focused on animal welfare and child support.
Since June 16, the number of $NOT holders has surged by 27%, indicating increasing investor interest in the project. Notably, $DOGS boasts over 17 million on-chain token holders and a robust social media following of around 20 million.
Notcoin and DOGS have achieved a significant milestone with their growing popularity, even being exclusively featured by Binance in its Telegram app.
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