A record number of users claimed Dogs (DOGS) on layer-1 blockchain The Open Network (TON) during the recent airdrop of the new memecoin, according to the project’s developers.
In a new post on messaging app Telegram, TON developers claim that Dogs has become the “biggest TGE (Token Generation Event) meme in cryptocurrency history.”
The TON blockchain was originally created by Telegram in 2018, but has since been taken over by an international group of independent developers.
“17 million users have claimed DOGS tokens. Over the past two weeks, our daily active user addresses have hit 1.1 million multiple times, with daily transactions peaking at 14.4 million. DOGS token distribution has played a key role in this increase. DOGS is now held by 4.5 million unique wallets on TON, putting it in a unique position: it has the most unique token holders on a chain, and it did so in just two weeks. Only USDT on TRON and Ethereum have more holders than DOGS.
DOGS, a meme project on TON inspired by 
Pavel Durov’s iconic dog drawing has spawned the biggest TGE meme in cryptocurrency history.
- 53 million users have interacted with the DOGS Mini app.
- 42.2 million were eligible for the token airdrop.
- 17 million users have claimed their airdropped tokens.
- 4.5 million unique holders.
TON developers are also predicting larger TGEs for upcoming airdrops on the TON blockchain, including Catizen (CATI) and Hamster Kombat (HMSTR).
“These levels of user engagement were previously unimaginable on Web3. In September, we anticipate even greater TGEs for Catizen and Hamster Kombat, which could bring tens or even hundreds of millions of users to the blockchain for the first time. The network will undoubtedly face more technical pressures and perhaps unforeseen issues, but we are unwavering in our commitment to building and addressing these challenges as we move toward mass adoption.”
Dogs is trading at $0.001047 at the time of writing, up 2.6% in the last 24 hours. The memecoin has a market cap of $541,450,195.
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Featured image: Shutterstock/Sabura/Natalia Siiatovskaia
