The recently unveiled tap-to-earn (T2E) game known as DOGS on Telegram has successfully piqued the interest of a staggering 53 million users, rapidly establishing itself within the gaming sector. The token distribution carried out in August has resulted in the creation of 4.5 million wallet addresses, elevating DOGS to one of the most widely held tokens in the blockchain ecosystem.

Massive Token Airdrop Propels Growth

On September 4th, the DOGS project executed a significant airdrop, distributing roughly 40 billion DOGS tokens over the course of just two days. A notable 17 million users took advantage of this distribution, a phenomenon largely attributed to the project’s tribute to Pavel Durov’s famous dog drawing. This occasion marks the largest meme token distribution ever recorded in cryptocurrency history. DOGS currently experiences 1.1 million daily active addresses and astonishingly recorded 14.4 million transactions in a single day. The project’s representatives emphasized, “The rapid growth and extensive user base of DOGS have enabled the token to outpace others within the T2E gaming landscape.”

Introducing GhostDrive Platform

Last week, DOGS not only achieved a remarkable market valuation of $700 million but also commenced trading on major cryptocurrency exchanges such as Binance and Bybit. In light of these achievements, the DOGS team has introduced GhostDrive, a Web3 storage platform created to ensure secure data storage and monetization. To date, GhostDrive has attracted over 740,000 monthly users.

The project team stated, “GhostDrive offers a decentralized and censorship-resistant solution, empowering users with complete control over their data.”

Concrete Success Indicators

Key milestones accomplished by the DOGS project include:

• Attracting 53 million users on Telegram.
• Creation of 4.5 million wallet addresses due to token distribution.
• Airdrop of 40 billion DOGS tokens completed in 48 hours.
• Achieving a market valuation of $700 million.
• Beginning trading on top exchanges like Binance and Bybit.
• Launching GhostDrive with over 740,000 monthly users.

In the midst of these developments, another game on Telegram, Catizen (CATI), is celebrating its six-month anniversary with a user base of 34 million players. Among those are 800,000 paying users, generating an average revenue of $33 per user. Impressively, Catizen players make up 22.4 percent of Telegram Premium subscribers. The Catizen token is currently still in its pre-market phase and is slated for a full launch on September 20th, enabling trading of these assets alongside major cryptocurrencies.

The swift ascent of DOGS has affirmed its status as a key contender within the blockchain token space. Along with the groundbreaking GhostDrive platform, DOGS offers innovative solutions for secure data management. These achievements underline the rising impact of Telegram-based games in the cryptocurrency arena. As the landscape of cryptocurrency continues to evolve, it’s essential for users and investors to stay informed. I encourage readers to share their thoughts on these developments and engage in conversation about how such innovations could shape the future of gaming and crypto.