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The Open Network (TON) blockchain’s airdrop for the new memecoin Dogs (DOGS) was requested by a record number of users. Project developers claim that the DOGS token is the “biggest meme Token Generation Event (TGE) in crypto history.”
History of TON Blockchain
The TON blockchain was initially created by Telegram in 2018 but was later taken over by an independent developer group. In a statement on Telegram, it was noted that daily active user addresses reached 1.1 million in the past two weeks, with 14.4 million transactions conducted in a single day.
17 million users requested DOGS tokens. Currently, 4.5 million unique wallets on TON hold the DOGS token. This makes DOGS the most uniquely held token on any chain, with only USDT, TRON, and Ethereum 
$2,663 having more holders.
Future Airdrop Plans
TON developers expect larger Token Generation Events for future airdrops. Projects like Catizen (CATI) and Hamster Kombat (HMSTR) are expected to attract millions of new users to the blockchain.
User engagement at these levels in Web3 was unimaginable. In September, we anticipate larger TGEs for Catizen and Hamster Kombat, which could bring tens of millions of users to the blockchain for the first time. The network might face technical pressures and unexpected issues, but we are determined to overcome these challenges.
Market Status
At the time of writing, the DOGS token is trading at $0.001047, marking a 2.6% increase in the last 24 hours. The memecoin’s market value has been announced as $541,450,195.
The DOGS Mini App engaged 53 million users, and 42.2 million users were deemed eligible for the token airdrop. The number of users who claimed the airdrop was reported to be 17 million.
TON developers stated that they are working to attract more users to the blockchain and address technical challenges. Future projects and airdrops are expected to further increase user engagement.
The DOGS token was inspired by Pavel Durov’s iconic dog drawing, and this memecoin has gained significant recognition in the crypto world. The high interest from users is seen as a promising indicator for TON blockchain’s future projects.
