Functionality on Telegram Wallet and several crypto exchanges was temporarily disrupted after millions of users rushed to trade DOGS.
Telegram Wallet notified the community of an overload on the storage solution as over 10 million Dogs (DOGS) users engaged in swaps and on-chain activity. DOGS is a mini-game on The Open Network Toncoin
ton
Toncoin inspired by Telegram founder Pavel Durov’s mascot, Spotty.
Crypto exchanges like Bybit reported service issues after the project airdropped around 440 billion tokens to participants. Binance also noted upgrade difficulties hours ahead of the distribution. Normalcy returned to exchanges like Binance and Bybit shortly after, but at press time, Telegram Wallet was still implementing fixes.
The temporary disruption occurred due to an unprecedented surge in user activity during the $DOGS token listing.
We understand how important a smooth trading experience is,…
The early listing introduced price disparities and volatility, much to the chagrin of users waiting to swap the airdrop.
