DOGS Token Growth and Upcoming Airdrops Set to Expand TON Ecosystem

The DOGS token has made an impact, but the TON community expects larger airdrops in September. The upcoming Hamster Kombat and Catizen airdrops are likely to bring tens or even hundreds of millions of users to TON.

The Open Network (TON) has made headlines with its meme coin,PETS , breaking records in the meme coin space. Over 17 million users have already claimed theirPETS coin, marking one of the largest token generation events (TGE) in meme coin history. The project, inspired by a dog drawing from Telegram co-founder Pavel Durov, has caught the attention of the crypto community.

The Dogs Mini App, which drives thePETS coin, has now surpassed 53 million users. Out of these, 42.2 million users are eligible for thePETS token airdrop. According to the TON community’s post on September 10, this makes it the largest meme coin TGE to date. 4.5 million unique wallets on TON currently hold thePETS token, making it one of the fastest-growing meme coins on the market.

Despite this rapid growth, the number of unique addresses forPETS coin is still much smaller than major cryptocurrencies like Ether (ETH), which has over 273 million unique addresses, according to Ycharts.

PETS Token Growth and Upcoming Airdrops Set to Expand TON Ecosystem

ThePETS token has made an impact, but the TON community expects larger airdrops in September. The upcoming Hamster Kombat and Catizen airdrops are likely to bring tens or even hundreds of millions of users to TON. These events may exceed the reach of thePETS coin airdrop.

ThePETS token is currently priced at $0.00105, showing a 4.6% increase. Its market cap stands at $542.59 million, while the 24-hour trading volume has reached $590.31 million. With a circulating supply of 516.75 billion and a total supply of 550 billion, thePETS token continues to gain traction. As the market evolves, these figures highlight its growing position. Furthermore, the upcoming airdrops could draw even more users to the TON ecosystem, potentially boosting the token’s reach.

Telegram Mini Apps Paving the Way for Mass Blockchain Adoption

Telegram-based Mini Apps, such as thePETS token and Hamster Kombat, are playing a key role in blockchain adoption. Primarily, by simplifying the user experience, these apps allow people to interact with blockchain technology seamlessly, without the need for extensive technical knowledge. Justin Hyun, the director of investments at the TON Foundation, believes these Mini Apps could serve as the gateway to mass blockchain adoption.

Moreover, Hyun highlighted that onboarding 500 million users to blockchain by 2028 will depend on the availability of user-friendly apps like DOGS coin and Hamster Kombat. Additionally, these apps, which integrate blockchain technology in a simplified manner, could be essential in making blockchain more accessible to a broader audience. Subsequently, the adoption of blockchain technology could see unprecedented growth.

TON Unveils $115M Incentive Program to Boost Ecosystem andPETS Token Engagement

In March, TON launched a $115 million incentive program to boost its ecosystem. Firstly, the program allocates $38 million for token mining and user rewards. Then, another $22 million is set aside for airdrops. Additionally, $15 million will fund developer initiatives through The League. Lastly, $40 million is reserved for liquidity pool boosts. Above all, these investments aim to increase engagement withPETS token and other projects on TON.