DOGS Token Sets Record with 17 Million Users on The Open Network

• DOGS coin attracted 17 million consumers on TON, setting a new track for memecoin launches.
• The DOGS Mini App had 53 million users, with 42.2 million eligible for the representation airdrop.
• DOGS token now has 4.5 million unique wallet holders, ranking among the most widely held currencies.

The DOGS token has broken records with all around 17 million users on The Open Network . This event marks the largest token generation in memecoin history and shows the growing impact of digital assets in the cryptocurrency world.

Massive User Engagement for DOGS Token

The DOGS project, inspired by Telegram co-founder Pavel Durov’s dog drawing, has seen huge user engagement. The DOGS Mini App on TON has 53 M usage, and 42.2 million of them were eligible for the token airdrop. In just two weeks, 17 M clients claimed their DOGS tokens, setting a new standard for memecoin launches. 

This success draws attention to the increasing popularity of the coins  and shows the expanding interest in digital assets.

Rising Number of DOGS Token Holders

The DOGS token has also seen a fast increase in unique account owners. The currency is now held by 4.5 million unique wallets on the TON mechanisms., making it one of the most widely held tokens, behind only USDT on the Tron and Ethereum systems.

Moreover, daily vital addresses for it have exploded. during the token distribution event. The number of active enquiries reached 1.1 million several times. On peak days, single-day transactions reached 14.4 million. This rapid expansion. has helped solidify DOGS as a leading memecoin in the market.

Upcoming TGEs: Can The Open Network Handle the Growth?

The success of the DOGS token sets the stage for more token generation events on The Open Network. Projects like Catizen and Hamster Kombat are planned for September. These events are expected to attract even more beneficiaries, possibly bringing millions of new participants to the blockchain.

This anticipated escalation raises an identification question: Can the Open Network handle such rapid growth without facing technical issues? The TON surroundings remain hopeful, focussing on overcoming any challenges as they aim for broader blockchain adoption.

The rise of the DOGS token shows how quickly digital assets can gain popularity. As the cryptocurrency market continues to grow, these events call attention to the increasing role of memecoins and the feasible for frequent user engagement.