TON Blockchain Suffers Second Outage in 36 Hours as New Meme Coin DOGS Draws Massive Traffic

The Open Network (TON), a blockchain platform originally developed by Telegram, is back up and running after experiencing its second major outage in just 36 hours.

DOGS, a meme coin created on the TON blockchain, has sparked immense enthusiasm among traders and traders. Introduced on August 27, the token has quickly become a hot topic of conversation, largely owing to its Telegram-native nature and affiliation with Spotty, Durov’s dog.

The hype around DOGS on TON can be attributed to several key factors:

1. The token’s launch has coincided with a period of heightened interest in meme coins, driven by the success of Dogecoin and Shiba Inu.

2. DOGS is the first meme coin to be created and launched on the TON blockchain, generating excitement and curiosity within the crypto community.

3. The token’s Telegram integration and association with Spotty, Durov’s dog, have further fueled interest, especially among Telegram users and enthusiasts.

4. DOGS immense popularity has also been fueled by Durov’s arrest in France on August 24, which has shifted attention and activity toward the token.

This enthusiasm has manifested in massive trading volumes, with DOGS recording over $1.7 billion in trades within 10 hours of its debut.

The token’s official Telegram channel has also experienced rapid growth, amassing approximately 17 million subscribers in less than two months following the token’s proposal.

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