DOGS Token Airdrop on TON Sets Record as Largest Memecoin Token Generation Event

The cryptocurrency world has witnessed what might be the largest token generation event (TGE) in memecoin history with the launch of the Dogs (DOGS) token on The Open Network (TON). This new memecoin, inspired by Telegram co-founder Pavel Durov’s iconic dog sketch, has generated unprecedented interest and participation.

Its Dogs Mini App on Telegram has attracted over 53 million users, and 42.2 million of them are eligible for the token airdrop, making it the “biggest meme TGE in cryptocurrency history,” according to a post by the TON community on Telegram.

Over 17 million users have claimed DOGS tokens. Source: TON community’s Telegram Channel

The DOGS token airdrop, which began around August 31, has distributed over 40 billion tokens to more than 2.5 million users. This distribution is part of a larger plan to circulate a total of 550 billion DOGS tokens. The airdrop has significantly engaged the community, with many users receiving additional tokens based on their platform activity. Over 17 million users have reportedly claimed their DOGS tokens.

Following the success of DOGS launch, the TON community is gearing up for even more significant events. The upcoming Hamster Kombat and Catizen airdrops, which are expected to take place this month, are anticipated to have an even greater impact. The community believes these airdrops could potentially introduce tens or even hundreds of millions of new users to the blockchain ecosystem.

A week after reaching 300 million players in August, the Telegram-based web3 game Hamster Kombat released more details about how players can qualify for its much-awaited airdrop. The airdrop is being touted as the “largest in crypto history.” However, an official date for the event has not yet been announced.

While the number of DOGS token holders is impressive for a memecoin, it’s worth noting that it still falls short of leading cryptocurrencies. For instance, Ether (ETH) boasts over 273 million unique addresses, according to Ycharts data.

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