TON's DOGS Memecoin Goes Live on Major Exchanges, Sending Shockwaves Through the Crypto Community

In a frenzy of excitement, TON’s DOGS memecoin has officially gone live on major exchanges, sending shockwaves through the crypto community.

TON's memecoin, $DOGS, has finally hit major exchanges, sending shockwaves through the crypto community.

With a total supply of 550 billion $DOGS, the token's distribution is split among community rewards, team allocation, and liquidity provisions.

A whopping 81.5% is earmarked for the community, with 73% reserved for Telegram OGs who earned $DOGS through the app. The remaining portion will reward traders, sticker creators, and new community members. The team has allocated 10% for future development, locked in a 12-month vesting period, while 8.5% is dedicated to liquidity and exchange listings.

As the on-chain claiming process began, TON's network faced a stress test with up to 10 million users trading simultaneously. Binance reported a delay in the TON network upgrade, causing a temporary suspension of deposit and withdrawal services.

Meanwhile, Telegram Wallet and Bybit experienced technical issues due to the surge in user activity.

Despite the chaos, DOGS' market cap soared to $800 million before settling at a trading price of $0.0012. This wild ride marks the beginning of a new chapter for TON's memecoin, leaving investors and enthusiasts eagerly anticipating what's next.

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