Toncoin Surges Amid Network Strain, While DOGS Meme Coin Struggles to Keep Up

Today, the cryptocurrency market shows notable movements for Toncoin (TON) and the meme coin DOGS. Although Toncoin has experienced growth, the DOGS meme coin has not followed this trend.

Toncoin faced technical disruptions due to the sudden surge in DOGS coin transactions, negatively impacting the TON network, leading to temporary shutdowns. This was caused by the high trading volume of DOGS, approximately $1.9 billion in a single day, which placed significant strain on the network [oai_citation:1,Toncoin (TON) Network Faces Disruption Due to DOGS Meme Coin As Telegram’s CEO Becomes a Focus of Controversy - COINOTAG NEWS](https://en.coinotag.com/toncoin-ton-network-faces-disruption-due-to-dogs-meme-coin-as-telegrams-ceo-becomes-a-focus-of-controversy/).

Despite DOGS making significant progress and entering the top 100 in market capitalization, it has faced considerable selling pressure from those who received airdrops and sold to lock in profits. The overall market instability, coupled with corrections in other major cryptocurrencies like Bitcoin and Ethereum, also contributed to DOGS not increasing as expected [oai_citation:2,DOGS Meme Coin Crashes Alongside Toncoin, Bitcoin - Is Base Dawgz A Better Alternative?](https://finbold.com/dogs-meme-coin-crashes-alongside-toncoin-bitcoin-is-base-dawgz-a-better-alternative/) [oai_citation:3,Telegram-Linked TON Blockchain Down Again as Devs Blame DOGS Meme Coin Surge - Decrypt](https://decrypt.co/246838/telegram-ton-blockchain-down-again-devs-blame-meme-coin-dogs).

In summary, while TON benefits from growing interest within the Telegram community, both cryptocurrencies face short-term volatility and challenges.

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