• Price Surge
The dogs token skyrocketed by 124% on Binance right after its launch. This rapid price increase was driven by eager investors rushing to get in early.
• High On-Chain Activity
The $TON network experienced a surge in activity, with 150,000 requests per minute following the $$DOGS oken release, highlighting the immense interest in this new token.
• Exchange Disruptions
The massive trading volume caused issues on several platforms. Binance, OKX, and Bybit faced temporary service disruptions. Telegram Wallet also encountered problems with its exchange feature, which is currently down. Bybit experienced brief outages but has since resumed normal operations.
• Early Trading on MEXC
$D$DOGS gan trading earlier on MEXC, resulting in a higher price on this platform. It opened at ten times its initial launch price and remains above prices on other exchanges.
• Market Adjustment
Despite the initial hype, the dogs en fell by 29% on other platforms as the market adjusted. Binance also encountered delays with the TON network upgrade, affecting TON token deposits and withdrawals.
Overall, the launch of $DOG$DOGS ted significant excitement and some turmoil in the market. But this is just the beginning—this token could climb even higher! 🤝
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