DOGS Eyes Tier-1 Exchange Listings
The Telegram-based game Dogs [DOGS] has recently made headlines by securing listings on tier-1 exchanges. DOGS crypto is set to be listed on both OKX and Bybit, with spot trading scheduled to commence on 20 August. OKX has confirmed that DOGS speculators will be able to trade the token starting on this date, and Bybit will also begin spot trading for the gaming token at 12 PM UTC on the same day.
In addition to spot trading, the USD-margined pre-market Futures for DOGS will start trading on 19 August at 12 PM UTC. This marks a significant milestone for the DOGS project, which is part of the broader Telegram ecosystem. The project draws inspiration from a dog-like mascot drawn by Telegram Founder Pavel Durov during a charity auction, and the team behind DOGS is committed to supporting various charity events.
The Journey of DOGS
DOGS is not the first Telegram-based project to achieve top-tier exchange listings. It follows in the footsteps of Notcoin [NOT], another project that has garnered significant attention and multiple exchange listings. The inclusion of DOGS on OKX and Bybit is expected to boost its visibility and trading volume, potentially attracting more investors and enthusiasts to the project.
The DOGS community is eagerly anticipating these listings, hoping that they will drive the token’s value and adoption. The project’s focus on charity and community engagement sets it apart from many other cryptocurrencies, adding a layer of social impact to its financial goals.
Will Binance Join the Fray?
Despite the excitement surrounding the upcoming listings on OKX and Bybit, Binance has yet to announce whether it will list DOGS. This has left the DOGS community in suspense, as Binance is a highly preferred platform for trading the token. A recent poll of over 1.6 million users revealed that 45% of respondents favored Binance for trading DOGS, with Bybit and Telegram coming in second and third, respectively.
Binance is known for taking its time to list new projects, especially those it has not incubated. The platform often relies on community input to decide which projects to list, and DOGS could potentially be selected if it garners enough support. However, this process can be lengthy, and the DOGS community may need to be patient.
Lessons from SLERF
The experience of the Slerf [SLERF] memecoins offers some insight into Binance’s listing process. SLERF gained viral popularity and secured listings on Bybit and other tier-1 exchanges, but Binance did not immediately follow suit. As of now, SLERF is ranked fifth on Binance Futures Next, indicating that it still has a way to go before being listed on the main exchange.
The DOGS token experienced a significant rally, surging by 50% on 13 August following the announcement of its upcoming listings on OKX and Bybit. However, the token soon retraced some of these gains and was trading at $0.0074 at the time of writing. While a Binance listing could provide a substantial boost to DOGS, given Binance’s extensive liquidity and user base, speculators may have to wait a bit longer for this development.
Looking Ahead
The upcoming listings on OKX and Bybit represent a major step forward for the DOGS project. These listings are expected to enhance the token’s visibility and trading activity, potentially driving its value higher. The DOGS community remains hopeful that Binance will eventually list the token, further solidifying its position in the cryptocurrency market.
In the meantime, DOGS continues to focus on its mission of supporting charity events and engaging with its community. The project’s unique blend of social impact and financial innovation makes it a noteworthy player in the evolving landscape of cryptocurrency.
