DOGS memecoin ease of access can be a ‘double-edged sword’
Bitget CEO Gracy Chen believes that despite DOGS memecoin’s record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success.
Despite the DOGS token breaking records, a crypto executive warns that its ease of access may ultimately lead to its downfall in the long run.
On Sept. 10, the TON Community page on Telegram announced that the Dogs (DOGS) memecoin on The Open Network has had 17 million users claim its airdrop. The platform dubbed the event the largest token generation event in crypto history.
According to the platform, the Dogs Mini App already had 53 million users, of whom 42.2 million were eligible for its airdrop.
Bitget CEO Gracy Chen believes that despite DOGS memecoin’s record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success.
Despite the DOGS token breaking records, a crypto executive warns that its ease of access may ultimately lead to its downfall in the long run.On Sept. 10, the TON Community page on Telegram announced that the Dogs (DOGS) memecoin on The Open Network has had 17 million users claim its airdrop. The platform dubbed the event the largest token generation event in crypto history. According to the platform, the Dogs Mini App already had 53 million users, of whom 42.2 million were eligible for its airdrop. Read more