The DOGS cryptocurrency, a community-driven token built on the TON Blockchain, is bracing for a significant market event. On August 26th, a massive Token Generation Event (TGE) will see 502.48 billion DOGS tokens, representing 91.4% of the total supply, released into circulation. This substantial token unlock poses a potential risk to the token's value, which has recently seen dynamic movements amid market fluctuations.
DOGS, originally introduced by Telegram’s founder as a meme coin, has aimed to leverage Telegram's large user base and the appeal of meme culture to introduce blockchain technology to a broader audience.

The upcoming TGE will likely be a crucial test for DOGS' market sentiment. It's essential for investors to closely monitor the token's price action and adjust their strategies accordingly to mitigate potential risks.