TON Network Back Up After Outage Caused by Popular Memecoin DOGS

- Here's a breakdown of the good news for TON:

- Network fully operational: After a nearly five-hour outage due to heavy traffic, the TON network is back online and processing transactions normally.

- Positive momentum for Toncoin: Despite the recent network issues and overall crypto market downturn, Toncoin (TON) shows resilience, rising over 7% in the last 24 hours.

- Potential for growth: The TON network's stress test highlights its active user base and the popularity of projects like DOGS and Hamster Kombat. The upcoming HMSTR token launch from Hamster Kombat might bring further activity.

- Challenges to be aware of:

- Network overload: The recent surge in DOGS transactions demonstrates the need for TON to address scalability issues to avoid future outages.

- DOGS price volatility: The airdropped DOGS token experienced a significant price drop after its launch, raising concerns about its long-term stability.

Overall, the TON network seems to be recovering well from the outage. While challenges remain, the network's activity and the positive performance of Toncoin are promising signs for its future.
#TON #DOGSONBINANCE #BNBChainMemecoins