$DOGS announces the end of Airdrop and upcoming Token Burn Event

Community Driven Meme Coin, $DOGS, Ends Airdrop and Prepares for Token Burn to Increase Value and Support Charitable Causes

September 24, 2024 — $DOGS, the fast-growing Telegram native meme coin, is excited to announce the completion of its claim event on September 19, 2024, with the final claimants receiving tokens this week. In keeping with its commitment to decentralization and community empowerment, $DOGS will initiate a token burning event, with the exact number of unclaimed tokens to be determined by a community vote. Additionally, a noticeable portion of the unclaimed tokens will be donated to charitable organizations, continuing $DOGS’ commitment to social responsibility.

Key Highlights:

End of Airdrop: The final distribution of airdropped $DOGS tokens was completed on September 19, 2024. The total amount of Tokens distributed was more than 380B Tokens Total number of Claimants above 20.5m No vesting or locks: Tokens are available for withdrawal from day one. Community vote on token burning: Holders will play a pivotal role in a vote to decide the number of unclaimed tokens to be permanently removed from circulation. Your participation is key to shaping the future of $DOGS. Charitable Contribution: A portion of unclaimed tokens will be donated to charities chosen by the community. Opportunity for Investors: With the end of the skyfall and a token fire imminent, this period represents a strategic entry point for new investors.

Empowering the community through decentralization

$DOGS has put its community at the forefront of decision-making from day one. By allowing token holders to vote on the scope of the token burn, $DOGS reinforces the principles of decentralization and collective governance that are fundamental to the cryptocurrency space.

“Our community is the backbone of $DOGS,” says the $DOGS community representative. “By involving them directly in the token burn decision, we ensure that the future of $DOGS aligns with the interests of those who believe in our mission.”

Enhance token value through rarity

The upcoming token fire is a strategic move to reduce the total supply of $DOGS tokens, potentially increasing their value due to scarcity. This deflationary mechanism rewards long-term holders and stabilizes the token’s market dynamics post-airfall.

Continued commitment to charitable giving

In keeping with its ethos of social responsibility, $DOGS will donate a significant portion of the unclaimed tokens to charities focused on supporting stray dogs, orphans and other charitable causes. Past donations of over $300,000 have been made to organizations such as:

The community will again have the opportunity to vote on which charities will receive the donations, ensuring that contributions reflect the values ​​and priorities of $DOGS holders.

What this means for potential new buyers

With the conclusion of the airdrop and the token on the horizon, this period presents a unique and exciting opportunity for new and existing investors to join the $DOGS community.

Market Positioning: Selling out to the sky can lead to favorable entry prices. Reduced Supply: The looming token burn will reduce circulating supply, potentially increasing the token value and offering a promising prospect for investors. Active community involvement: Participation in upcoming votes allows investors to influence key decisions.

Stay informed and participate

Follow $DOGS on official channels to stay updated on the token burn event, community votes and charity initiatives:

About $DOGS

$DOGS is a meme-based cryptocurrency inspired by Pavel Durov’s beloved mascot, Spotty. With an emphasis on freedom, self-expression and social responsibility, $DOGS has quickly become a prominent player in the meme coin space. With over 17 million token holders and 20 million followers across social media, the token is already listed on major cryptocurrency exchanges and is committed to building a strong, engaged community that shapes its future.