**$TON Meme Coin $DOGS Drops to 100th Position**

$DOGS, a meme coin on the $TON blockchain, has recently been rated as one of the worst-performing cryptocurrencies, now ranking 100th. The decline can be attributed to several factors:

- **Telegram CEO's Arrest**: This incident may have negatively impacted confidence in TON’s blockchain, leading to investor panic.

- **Network Outage**: Increased blockchain activity from DOGS airdrop announcements caused disruptions, affecting other services on the TON network.

- **Airdrop Issues**: Outages prevented some users from claiming their airdropped coins, causing a significant drop in interest. DOGS' market capitalization fell from $2.5 billion (post-launch peak) to $900 million before the launch.

Other potential influences include macroeconomic factors like the Fear & Greed Index and Bitcoin dominance.

Do you think the $DOGS hype is over? Has $TON lost its appeal? Share your thoughts below.

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