The community-driven coin #DED, backed by Polkadot, has risen to the spotlight on Twitter, showcasing strong engagement and interest in the memecoin among users.

The project has generated fresh enthusiasm within the Polkadot ecosystem, with more than 20,000 individuals eagerly anticipating their airdrop in the $DED Telegram channel.

Following the token snapshot last week, the team envisions that $DED will bring a revitalized energy to the Polkadot ecosystem and introduce new liquidity into the market.

Backed by partnerships with prominent projects on the network like Talisman Wallet, Nova Wallet, and SubWallet, $DED is highlighting the strength and dedication of the Polkadot community.

With the launch of a substantial Zealy campaign offering a prize pool exceeding $30,000 in DOT, $DED has garnered attention from significant figures in the crypto world. YouTuber DataDash suggested in a recent video that this could reignite interest in Polkadot, while influencers like Ash Crypto, DubzyXBT, and Crypto Banter have also joined the conversation.

The initiative DOT is $DED was instigated by the community to create the first memecoin on the Polkadot network. By collaborating, the community aimed to bring excitement to attract a larger audience to Polkadot. Taking inspiration from the success of $BONK on Solana, the team found the motivation they needed to move forward.

With over 1 million DOT holders, an estimated 100,000 have remained committed to supporting the DED launch. Now that the snapshot has been captured, DOT is DED is gearing up for its airdrop.