The DOGS meme coin's highly anticipated Token Generation Event (TGE) has been postponed from August 23rd to August 26th, 2024.
The highly anticipated Token Generation Event (TGE) for the popular meme coin, DOGS, has been officially postponed from August 23rd to August 26th, 2024. The announcement was made by the DOGS team via their official Telegram channel.
According to the revised timeline, claims to exchanges and Telegram Wallet will be open until 4 pm UTC on August 23rd. Meanwhile, claims to non-custodial wallets will become available from 8 am UTC on August 26th. Finally, the Token Generation Event and listing are scheduled to take place simultaneously at noon UTC on August 26th.
The postponement of the TGE is attributed to the overwhelming interest in the token, with a staggering 8 million verified users having registered for direct deposits of DOGS tokens to the Telegram Wallet and exchange wallets. This massive demand prompted the DOGS team to delay the Token Generating Event to ensure that all users have ample time to claim their tokens.
"The delay will also ensure a successful launch as we are now prepared to accommodate the numerous participants and have expanded the withdrawal options," the team stated in the announcement.
Despite the delays, enthusiasm for DOGS remains high, with the token still trending on social media platforms like X. The popularity of DOGS is also evident in the preparations being made by major centralized exchanges, including Gate.io, Binance, and Bitget, which are expected to list DOGS.
The developers of DOGS maintain that their priority is ensuring a smooth and fair Token Generating Event process. The extension serves as a testament to their commitment to accommodating their growing user base.
The above is the detailed content of DOGS Meme Coin Postpones Token Generation Event (TGE) from August 23rd to August 26th, 2024. For more information, please follow other related articles on the PHP Chinese website!