Bybit CEO: The launch of DOGS attracted millions of registered users, making it the most effective token for user acquisition in Bybit's history

ChainCatcher news, Bybit CEO Ben Zhou revealed in an interview with "Wu Says" that the launch of the DOGS token attracted millions of registered users to the platform, with around 400,000 to 500,000 users making deposits. The new users mainly come from Nigeria, India, and Russian-speaking regions, with Europe accounting for about 30-40%, making it the most significant token for user acquisition so far.

However, this type of token play has "started to become a bit overdone," and its user acquisition effect may gradually weaken. The next wave of token projects will also see a diminishing effect on user acquisition, and Hamster may become the last token of this model listed by Bybit.