O KX Exchange announced yesterday (14th) that it would launch DOGS spot trading and DOGS pre-market trading contracts. According to the announcement, DOGS/USDT spot trading will start on time at 8:00 pm on August 20, 2024, and withdrawals will be open from 6 pm on August 21, 2024.
Note: DOGS deposits will open at 5:00 pm on August 14, 2024 (UTC+8), and the call auction will be conducted between 7:00 pm and 8:00 pm on August 20, 2024.
In addition to spot trading, OKX will deliver USDT-margined DOGS pre-market futures on August 19, 2024 at 8:00 pm UTC. The delivery price is determined based on the average price of the index in the last hour before delivery, with a 1% settlement fee and specific price limits.
What are DOGS?
This meme coin DOGS is inspired by TON founder Pavel Durov’s mascot Spotty. Durov once drew the iconic dog at a charity auction to support an orphanage, and Spotty later became the unofficial logo and main mascot of VK, the Russian version of Facebook.
Officials stated that DOGS is Telegram’s most local meme currency and aims to integrate Spotty’s spirit and culture into the cryptocurrency world to create a fun, community-driven and unique project.
If you have TG, you can receive airdrops
Participating in DOGS is very simple, just enter the designated Telegram channel to earn points. After joining the Dogs bot channel, the bot will rate the user based on the user's Telegram account registration time and activity, and distribute corresponding points. (Users who open a Premium account can also receive additional bonus points.)
According to players, if you register a Telegram account for 4 years, you can get about 3,000 DOGS, and if you invite 5 people, you can get 20,000 DOGS (the current invitation coin bonus mechanism is closed). Although the exchange ratio between points and tokens has not yet been made public, as long as you have a Telegram account, you can participate, quickly attracting community participation.
Interested players can click here to see how many DOGS they can receive.
What is the pre-market price of DOGS?
Although $DOGS has not officially announced the token economics and airdrop token time, it is expected to be announced soon. At present, $DOGS has also been opened for trading in the pre-market markets of Bybit, Bitget and other platforms. According to OKX data, the latest transaction price of the $DOGS pre-market delivery contract was $0.007011.
During the actual test in the mobile zone, after completing simple tasks such as inviting five people, interacting with the chain, and liking the official community, a total of about 60,000 coins were obtained. If calculated based on OKX's pre-market price, it is worth approximately $420. (But everything still has to be subject to the official announcement. Maybe the official will not airdrop at 1:1)
