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DOGS, a memecoin built on The Open Network (TON), has announced its development roadmap for the first half of 2025, with plans to expand into various areas, including DOGS-themed games, community bonding activities through local charity, and enhancing the use case of DOGS tokens for transactions. According to the roadmap, users will be able to use DOGS tokens, inspired by Pavel Durov's drawing of a dog, the founder of Telegram, to make online and offline shopping transactions. Options include gift cards and travel bookings, expected to be implemented by the end of this year. In addition, individuals can also register to participate in local branches of non-profit organizations, thereby promoting charity work sponsored through a charity fund worth $4.5 million, including 6 billion DOGS tokens that have not been distributed. These community initiatives clearly demonstrate real-world use cases for #memecoins#, a type of cryptocurrency often criticized for lacking practicality, value, and real purpose. DOGS Set Record Causing $TON Incident In September, the TON community announced that the DOGS token is now owned by 4.5 million different wallets, making DOGS the meme token with the highest number of hodlers in history. "53 million users have interacted with the DOGS Mini App, and 42.2 million users qualified for the airdrop token, making it the largest memecoin airdrop event in history at that time." The rapid popularity of DOGS Telegram Mini App and the influx of users participating in DOGS token mining has caused TON to encounter two block production stoppages. On August 28, 2024, TON encountered its first operational issue related to DOGS, causing severe network congestion and disrupting block production for many hours due to the demand for DOGS tokens in the airdrop event. The second incident occurred on August 29 and lasted for about six hours before the block creation process was restored. In total, TON was inactive for 12 hours within a 36-hour period due to a large number of users claiming memecoin. DYOR! $DOGS {spot}(DOGSUSDT) Follow me for more #tips#

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$DOGS

$BTC $ETH $DOGS Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation. Resistance is observed at $96,000, with short-term sellers likely reemerging near $97,500 and $98,000. Low trading volumes following the decline highlight indecision among market participants, making this a critical level for traders to monitor.

The first point i consider before investing in any project is its usecase/utility. Unfortunately, i dont see its utility. Secondly, its Market supply of 250 billion coins is abit on the higher side considering its not as popular as other telegram games like cats or dogs were. Lastly, its MC is also low. So for this particular one I am bearish. $CATGOLD