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DOGS, the Telegram gaming token gearing up for one of 2024ās 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 itāthe worldās first on the Bitcoin blockchaināBitcoin Dogs challenges DOGS for the title of Augustās hottest listing and has the upper hand with its earlier listing date.
The DOGS narrative has been intensifying over the last week: its airdrop began and listing dates draw closer.
The latest development is Binanceās announcement that it will list DOGS on its Launchpool platform, with analysts expecting a full listing will follow suit. Binance listings precipitate the āBinance Effectā, whereby tokens listed on the worldās 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 Augustāand 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 sectorās top tappers.
Notcoinās 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 the thunder of Hamster Kombatāwhich has 300 million playersāand Catizen, whose planned airdrops have been postponed ad nauseum.
In the sense that DOGS may beat out Hamster Kombat and Catizen with its earlier listing on Friday, it may in turn be bested by Bitcoin Dogs, a serious competitor within its niche that lists today backed by deafening levels of buzz and the gravitas of the first-ever Bitcoin ICO.
Bitcoin Dogs is a play-to-earn (P2E) Telegram game with a seriously impressive token, 0DOG, behind it. 0DOG made history earlier this year, launching the first ever ICO on the Bitcoin blockchain, which raised a staggering $13.4 million in just 30 days. Todayās listing has been hotly anticipated by thousands in crypto, and represents an impressive seal of approval from three of the worldās top exchanges.
The Bitcoin Dogs game is in a different league to DOGS, too. While DOGS is a simple ātapperāāplayers simply tap the screen in order to earn coins, which then allow you to earn more coins, and so onāBitcoin Dogs offers a bona fide gaming experience. Player-versus-player (PvP) battles for crypto rewards, Tamagotchi-style mini games, and retro 8-bit aesthetics will have 90s kids locked in for hoursāand these players are the top drivers of growth within crypto.
Bitcoin Dogs is arguably the superior product overall and could eat up the demand for the DOGS token before the latter can even listātrade volumes could be huge today. Donāt miss out on picking up a stack of 0DOG before the price shoots up.
Bitcoin Dogs (0DOG) is available on MEXC, Gate, and UniSat from 11 a.m. UTC today, 21st August. Head to the official Bitcoin Dogs website to learn more.
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