Telegram-based DOGS to be listed on OKX and Bybit – Will Binance follow?
Telegram-based DOGS to be listed on OKX and Bybit – Will Binance follow?
Two major cryptocurrency exchanges, OKX and Bybit, have announced plans to list a new Telegram-based token, DOGS, a move that has garnered considerable attention within the crypto community and raised the question of whether Binance will be next.
According to AMBCrypto, the crypto community is abuzz with the news that DOGS, a Telegram-based gaming token, will soon be listed on two major exchanges: OKX and Bybit. This marks a significant milestone for the DOGS project, which has garnered attention for its unique origins and charitable mission.
Both exchanges have confirmed that spot trading for DOGS will begin on August 20, 2024, with USD-margined pre-market futures available a day earlier on August 19 at 12 pm (UTC).
The DOGS project is inspired by a drawing of a dog mascot by Telegram founder Pavel Durov, auctioned for charity. Since then, the DOGS team has focused on supporting charitable causes, positioning the token as more than just another digital asset. The listing on OKX and Bybit places DOGS alongside other Telegram-based projects like Notcoin (NOT) or Toncoin (TON), which have successfully secured spots on top-tier exchanges.
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Despite the excitement surrounding the DOGS listings on OKX and Bybit, as announced on their X pages, the crypto community is now awaiting a decision from Binance, the world’s largest cryptocurrency exchange. So far, Binance has remained silent, leaving speculators and DOGS supporters in suspense.
This uncertainty is noteworthy, especially considering a recent poll conducted on the DOGS community page in Telegram, where over 1.6 million users participated. The results showed that Binance emerged as the preferred platform for trading DOGS with 45% of the votes. Bybit and Telegram followed in popularity.
Binance has a history of being cautious with new listings, often taking time to evaluate projects before making a decision. This approach sometimes leaves popular tokens abroad waiting for extended periods before they are added to the platform. For example, TON, despite its rapid popularity and attention from other top-tier exchanges, came a months-long way before listing on Binance.
The anticipation around DOGS led to a 50% surge in its value on August 13, following the news of its impending listing on OKX and Bybit. However, the token was later corrected, trading at $0.001531 at the time of writing (CoinCarp).
As DOGS prepares to debut on two major exchanges, the crypto community will be watching closely to see if Binance eventually decides to join in, a move that could further propel DOGS into the spotlight.
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