How the DOGS Meme Coin Overload Led to a 6+ Hour Downtime on the TON Blockchain

Tuesday, 27 August 2024, 23:18

DOGS Meme Coin surge has caused major disruption to the TON blockchain, leading to over 6 hours of downtime. The unexpected overload halted operations, impacting users and trading platforms. Both Binance and Bybit felt the effects as the TON network struggled to cope with the surge related to this new memecoin phenomenon.
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How the DOGS Meme Coin Overload Led to a 6+ Hour Downtime on the TON Blockchain

Impact of DOGS Meme Coin on TON Blockchain

The DOGS Meme Coin surge has dramatically disrupted the TON blockchain, resulting in prolonged downtime. Over 6 hours of inactivity ensued, causing significant frustration among users and impacting major trading platforms such as Binance and Bybit.

The Unexpected Overload

This surge in demand for the DOGS meme coin has shown how volatile the cryptocurrency market can be. As the DOGS tokens gained traction, their popularity overwhelmed the TON blockchain, which stopped producing blocks temporarily, further exacerbating the issue.

  • Pavel Durov may face questions regarding blockchain resilience.
  • Users are calling for transparency amidst disruptions.
  • Further scrutiny of meme coins raises concerns over market stability.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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