In the last 2 weeks, our daily active user addresses hit 1.1M several times, with single-day transactions peaking at 14.4M. The DOGS token distribution played a key role in this surge. DOGS token is now held by 4.5M unique wallets on TON, putting it in a unique position — it has the most unique token holders on any chain ever, and it achieved this in just 2 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 led to the largest meme TGE in cryptocurrency history.
▪️ 53M users engaged with the DOGS Mini App ▪️ 42.2M were eligible for the token airdrop ▪️ 17M users claimed their airdropped tokens ▪️ 4.5M unique holders
These levels of user engagement were unimaginable in Web3 before. In September, we anticipate even larger 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 possibly some unforeseen issues, but we are unwavering in our commitment to building and addressing these challenges as we move toward mass adoption.
In the last 2 weeks, our daily active user addresses hit 1.1M several times, with single-day transactions peaking at 14.4M. The DOGS token distribution played a key role in this surge. DOGS token is now held by 4.5M unique wallets on TON, putting it in a unique position — it has the most unique token holders on any chain ever, and it achieved this in just 2 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 led to the largest meme TGE in cryptocurrency history.
▪️ 53M users engaged with the DOGS Mini App ▪️ 42.2M were eligible for the token airdrop ▪️ 17M users claimed their airdropped tokens ▪️ 4.5M unique holders
These levels of user engagement were unimaginable in Web3 before. In September, we anticipate even larger 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 possibly some unforeseen issues, but we are unwavering in our commitment to building and addressing these challenges as we move toward mass adoption.
The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI — soaring 7.9% over last year — underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. In addition, Telegram now supports the use of third-party streaming tools like OBS Studio and XSplit to broadcast live video, allowing users to add overlays and multi-screen layouts for a more professional look. Multiple pro-Kremlin media figures circulated the post's false claims, including prominent Russian journalist Vladimir Soloviev and the state-controlled Russian outlet RT, according to the DFR Lab's report. As a result, the pandemic saw many newcomers to Telegram, including prominent anti-vaccine activists who used the app's hands-off approach to share false information on shots, a study from the Institute for Strategic Dialogue shows. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app.
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