The $DOGS Token Launch Today Was Explosive đ„đš
Here's a quick summary:
âą **Price Surge:**
$DOGS skyrocketed 124% on Binance after its debut, as eager investors rushed in, driving the price up.
âą **High On-Chain Activity:**
The $TON network witnessed a massive 150,000 requests per minute during the $DOGS token unlock, highlighting strong interest.
âą **Exchange Issues:**
The high trading volume caused significant disruptions. Binance, OKX, and Bybit experienced service glitches. Telegram Wallet also faced issues with its exchange feature, which is currently offline. Bybit had brief interruptions but is now back online.
âą **MEXC Trading Early:**
$DOGS began trading earlier on MEXC, resulting in a price premium there. It opened at 10x the launch price and remains higher than other exchanges.
âą **Market Reaction:**
Despite the initial surge, $DOGS dropped 29% on other platforms as the market adjusted. Binance also encountered delays due to the TON network upgrade, affecting TON token deposits and withdrawals.
Overall, the $DOGS launch generated a lot of excitement but also some market chaos. However, this is just the beginningâexpect it to surge even higher from here! đ€
