The post DOGS Crypto Trades $4M As Bitcoin Dogs Eyes Listing Day Pump appeared on BitcoinEthereumNews.com.

DOGS, the Telegram gaming token gearing up for one of 2024’s biggest exchange listings, has now processed $4 million in pre-market trade volume, preparing to launch with a market cap of $550 million when it lists on Friday 23rd August. Meanwhile, another dog-themed Telegram game, Bitcoin Dogs, launches its groundbreaking Bitcoin-based token, 0DOG, today. 0DOG lists on three top exchanges, MEXC, Gate, and UniSat, with a towering $2.7 billion in daily trade volume between them. With a $13.4 million presale already behind it—the world’s first on the Bitcoin blockchain—Bitcoin Dogs challenges DOGS for the title of August’s hottest listing and has the upper hand with its earlier listing date. DOGS fever takes hold The DOGS narrative has been intensifying over the last week: its airdrop began and listing dates draw closer. The latest development is Binance’s announcement that it will list DOGS on its Launchpool platform, with analysts expecting a full listing will follow suit. Binance listings precipitate the “Binance Effect”, whereby tokens listed on the world’s top exchange pump, on average, 41%. Regardless, the DOGS launch is set to be a feeding frenzy. The token lists on 15 exchanges, including OKX, this Friday, 23rd August—and 42.2 million people are eligible to receive a share of the 550 billion total DOGS supply. The token is the backbone of the runaway success of the DOGS Telegram game, an entry in the burgeoning tap-to-earn (T2E) sector with over 50 million players to date. The game follows in the footsteps of Hamster Kombat, Catizen, and Notcoin, the sector’s top tappers. Notcoin’s airdrop earlier this year was a huge success, with the NOT token reaching a market cap of $1.8 billion just one month after launch. With DOGS already at around $550 million, before it even launches, it could possibly replicate this feat, stealing…

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Filed under: News - @ August 22, 2024 6:26 am