DOGS Meme Coin Gains Attention with Major Airdrop and Volatile Price Movements

In recent news, the DOGS token, a meme coin on the Telegram Open Network (TON), has garnered significant attention. Over 40 billion tokens were airdropped in just 48 hours, leading to a surge in interest, with 17 million users now holding DOGS, making it one of the most widely distributed meme coins. However, its price has seen a drop of 18% in the past week, with further dips following the massive token distribution. Despite this, DOGS is poised for a potential recovery as the community rallies in support of Pavel Durov, Telegram's founder, who faces ongoing legal challenges. The token’s strong backing, particularly on Telegram and X, positions it as a symbol of resistance, drawing in supporters who view DOGS as more than just a meme coin

The future for DOGS could see further growth, especially with new airdrops planned for related projects, such as Hamster Kombat, potentially expanding the token's influence across the crypto space​