Before the DOGS listing on Aug. 23, Bitget recorded over $4 million in pre-marketing trading for the Telegram-based TON memecoin.
Pre-marketing trading is becoming increasingly popular in the crypto space. Platforms list derivatives of yet-to-launch tokens, allowing speculative investors to trade ahead of the main listing. DOGS has enjoyed similar hype, with several platforms like Bitget, KuCoin, and Gate launching pre-market products for the coin.
Volumes nearly surpassed $4 million in Tether (USDT) on Bitget alone, a Bitget representative told crypto.news via email on Aug. 19. Many believe the token may instantly achieve a $550 million fully diluted valuation at launch. On Bitget’s pre-market facility and other venues, DOGS traded for less than a cent and around $0.001.
Meanwhile, BinanceDog On Sol (DOGS) defied a broad market dip, surging over 60% as airdrop activity spiked. The coin should not be confused with the TON-based DOGS.
Over 6m verified DOGS users claim 30% of 440b airdrop
According to the DOGS community on Telegram, more than six million verified mini-app users have requested to receive the airdrop via supported exchanges. Telegram’s in-built wallet app is primarily focused on The Open Network (TON).
Claimants have until 6 pm UTC on Aug. 21 to queue for airdrop deposits on exchanges and the Telegram Wallet. DOGS has set an 8 am UTC deadline on Aug. 23 for non-custodial wallet claims, with the token scheduled to be listed by noon UTC on the same day.
DOGS is a mini-app token inspired by Spotty, a mascot created by Telegram founder Pavel Durov. The project launched last month and has gathered over 53 million users, of which 42.2 million are eligible f
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Author: Naga Avan-Nomayo
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