The current price of DOGS is $0.00010860. Over the last 24 hours, DOGS has decreased by -13.47%. It currently has a circulating supply of 516,750,000,000 DOGS and a maximum supply of 0 DOGS, giving it a fully diluted market cap of $56.17M. At present, the DOGS coin holds the 0 position in market cap rankings. The DOGS/USD price is updated in real-time.
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DOGS is a Telegram-native memecoin inspired by Spotty, the canine mascot of Russian social networking site VK. The DOGS coin launched during July 2024 and quickly gained a passionate following, attracting more than 10 million users within days of going live. Many users are drawn to the project for the appeal of light-hearted internet culture and the strong community built around the DOGS ecosystem. As such, DOGS aims to be more than just another memecoin but a worthwhile and rewarding movement.
Exploring the DOGS community
Alongside trading the DOGS coin, users can also get involved in charitable efforts — underlining the project's aim to be more than a memecoin. Soon after launch, the project announced that users could use their Stars — a form of currency within the Telegram app — to purchase DOGS coins. Around $300,000 was raised from the Stars initiative and donated to a charity that funds orphanages and children's homes.
How does DOGS work?
DOGS is a Telegram mini-app built on the TON ecosystem. The token is seamlessly embedded within Telegram for simple access, with users avoiding the need to complete multiple verification steps before they can get started. Meanwhile, users also receive a quantity of DOGS tokens on sign-up, based on the age of their Telegram account. Doing so allows users to interact with the ecosystem quickly and effortlessly.
There are multiple ways to earn DOGS coins beyond the initial pot of tokens received on sign-up. Users can complete tasks in the mini-app to earn DOGS as a reward, including activities that help promote the DOGS mini-app among a wider audience. Users can also earn additional DOGS coins by referring family and friends, and simply by signing in to the app daily. The project continues to introduce new tasks for users to complete and earn DOGS coins, which are often announced on its @realDogsHouse X account.
DOGS price and tokenomics
Expectedly, the DOGS price experienced volatility soon after listing on major exchanges as traders rushed to capitalize on the coin's arrival and pre-market traders closed their positions.
The project has confirmed that no locks or vesting periods will be used. Although this decision may create some volatility for DOGS prices, it also points to confidence among the team in the project's long-term potential. Meanwhile, the community will own the majority of all tokens released, while it's been confirmed that no additional token supply will follow the initial release. A fixed supply could theoretically see the DOGS price rise over time if demand grows while supply remains the same.
The DOGS founders
The individual or group behind the DOGS project isn't publicly known. All that's been revealed about the project's origin is that it's inspired by a hand-drawn dog — now known as Spotty — produced by Telegram founder Pavel Durov. The project has stated that there are no investors in DOGS, reinforcing its community-centric roots.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 9.6K new posts about DOGS, driven by 6K contributors, and total online engagement reached 166M social interactions. The sentiment score for DOGS currently stands at 80%. Compared to all cryptocurrencies, post volume for DOGS currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of DOGS.
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Posts
9,640
Contributors
5,982
Interactions
166,370,553
Sentiment
80%
Volume rank
#0
X
Posts
290
Interactions
7,764,811
Sentiment
41%
DOGS FAQ
How much is 1 DOGS worth today?
Currently, one DOGS is worth $0.00010860. For answers and insight into DOGS's price action, you're in the right place. Explore the latest DOGS charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as DOGS, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as DOGS have been created as well.
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
dogs
Consensus Mechanism
Toncoin utilizes a Proof of Stake (PoS) model with the Catchain consensus algorithm to provide a secure, scalable, and efficient multi-chain environment. Core Components of Toncoin’s Consensus: 1. Proof of Stake (PoS) with Validators: Validator Role: Validators are required to stake Toncoin to participate in consensus. They validate transactions and secure the network by processing blocks and maintaining network integrity. 2. Catchain Consensus Algorithm: High Scalability and Speed: The Catchain consensus protocol is specifically designed for Toncoin’s multi-chain architecture, optimizing for fast and scalable operations across multiple shards. Multi-Chain Compatibility: Catchain supports a sharded environment, allowing different chains (or shards) to reach consensus efficiently. This approach enhances the network’s ability to process a high volume of transactions in parallel. 3. Byzantine Fault Tolerance (BFT): Fault Tolerance: The Catchain protocol is Byzantine Fault Tolerant (BFT), meaning it can tolerate some level of malicious or faulty behavior among validators. This BFT compliance ensures that the network remains secure and functional even when a minority of validators act maliciously. 4. Validator Rotation and Slashing: Regular Rotation: Validators are rotated regularly to enhance decentralization and security. This system prevents any single validator or group from maintaining control over consensus indefinitely. Slashing for Malicious Behavior: Validators who act maliciously or fail to perform their duties may be penalized through slashing, losing a portion of their staked Toncoin. This discourages dishonest behavior and promotes reliable network participation.
Incentive Mechanisms and Applicable Fees
Toncoin incentivizes network security, participation, and efficiency through staking rewards, transaction fees, and slashing penalties. Incentive Mechanisms: 1. Staking Rewards for Validators: Rewards for Securing the Network: Validators earn staking rewards for actively participating in the network’s consensus process and ensuring its security. These rewards are provided in Toncoin and are proportional to each validator’s staked amount, encouraging validators to maintain their roles responsibly. 2. Transaction Fees: Ongoing Income for Validators: Validators also receive a share of transaction fees from the blocks they validate, providing a consistent reward that grows with network usage. This additional income incentivizes validators to process transactions accurately and efficiently. 3. Decentralization through Validator Rotation: Fair and Balanced Participation: The frequent rotation of validators ensures that new participants can join the validator set, promoting decentralization and preventing monopolization of the network by a small group of validators. 4. Slashing Mechanism: Penalties for Dishonest Behavior: To maintain security, Toncoin enforces a slashing mechanism that penalizes validators who act maliciously or fail to fulfill their duties. This risk of losing staked Toncoin encourages validators to behave honestly and fulfill their responsibilities. Applicable Fees: Transaction Fees: Transaction fees on the TON blockchain are paid in Toncoin. These fees vary based on transaction complexity and network demand, ensuring that validators are compensated for their work and that resources are efficiently utilized.
Beginning of the period to which the disclosure relates
2024-04-05
End of the period to which the disclosure relates
2025-04-05
Energy report
Energy consumption
3.46294 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components:
To determine the energy consumption of a token, the energy consumption of the network(s) toncoin is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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