👀 Telegram Coins SUN, DOGS & NOTCOIN Steal Spotlight From Solana

Telegram coins like #SUN , #DOGS , and #NOT have recently gained popularity, diverting attention from Solana. But Solana price can stage a rebound soon.

Telegram meme coins have been in the spotlight for a while due to the overly successful mini-Apps technology on the messaging platform. In the past few days, Tron (TRX) and Ton (TON) have been sharing the limelight with their top meme coins: Sun Token (SUN), Dogs (DOGS), and Notcoin (NOT), while Solana hype reduced drastically as volume moved to these two chains. However, Solana may have found robust support and may rebound soon.

🔸 Telegram Coins Threaten to Break Ton Network

On August 26, Dogs, a Telegram mini-app coin, launched in the Ton blockchain. While the launch was a success, it left the network in tatters as congestion caused transactions to get stuck.

According to Ton Stat, the image to the left shows a Ton blockchain on a normal day, while the one to the right shows the network during the DOGS launch. The white vertical lines here indicate all the issues and delays (latency) experienced while using TON-related services during the launch.

Finally, the Ton Foundation called on validators to restart their nodes with specific flags to re-establish consensus, temporarily suspending deposits and withdrawals to and from crypto exchanges.

Similarly, the launch of Notcoin in May led to a more than 40% increase in the price of #TON , though in terms of network congestion, NOT was relatively easy on the main chain.

Following the launch, the price of DOGS stagnated as the market awaited news on the release of Telegram founder Pavel Durov, who was imprisoned in France.

On August 28, DOGE price experienced a slight spike after reports of Durov’s release surfaced on the crypto X space. However, once it became clear that he would face official charges, DOGS entered a consolidation phase, fluctuating between $0.0016 and $0.0014.