ElPegroCripto
Quiero una sociedad mejor, creo en el código abierto.
20 Following
11 Followers
16 Liked
1 Shared
Posts
All
Quotes
$TON $NOT and $DOGS growth in the world of currencies, no one can imagine the exponential growth they will have.
Cryptopolitan
·
--
Telegram Wallet Announces TON Network Is Fully Operational After Second Outage
Telegram Wallet has announced in a recent post that the TON network is now up and running after the second outage that caused TON blockchain transactions to be paused.
TON network is seemingly under stress due to the overwhelming stress from DOGS transactions. The network stopped processing transactions for almost four hours yesterday. Exchanges like Bybit even suspended deposits and withdrawals via the TON network because of this.
The TON Foundation dev tweeted that the outage was caused by network overload due to DOGS transactions. Following the first outage, the network faced a second outage a few hours ago. Telegram Wallet announced that TON blockchain transactions were paused.
TON network is now fully operational
After nearly five hours since the network outage announcement, Telegram put out another post that the TON network is now fully operational. “TON-based asset withdrawals and deposits in Wallet will be credited in due course,” the announcement reads.
Interestingly, while the overall crypto market is bleeding, Toncoin is showing positive momentum. Even though Pavel Durov’s arrest caused the price of TON to plummet, the price seems to be recovering slowly.
TON’s price dropped to the $5.15 level yesterday after the first network outage. However, TON is back above $5.60 as the network has resumed transactions after its second outage. CoinGecko data shows that TON is up by over 7% in the last 24 hours.
Toncoin recorded an all time high of $8.25 in June. The network was showing great progression, mainly due to the rising popularity of Notcoin, Hamster Kombat and now DOGS. TON foundation dev Justin tweeted that “Chain being stress tested just means there that much activity on it. Onwards and upwards.”
Different meaning of "we're so back" 😀 https://t.co/i03loRXjkl
Chain being stress tested just means there that much activity on it. Onwards and upwards.
Durov freed by tonight?
— Justin (@maverickqe) August 28, 2024
DOGS price pumps amidst market crash
Just like any other airdrop coin, DOGS was quick enough to plunge by over 30% from its all time high since its launch. DOGS had touched a high of $0.0018 on August 26. However, the price fell as low as $0.001219.
Interestingly, as Bitcoin plunged as low as $58,000 yesterday, DOGS reversed course and pumped by almost 30% to the $0.0016 level. This pump could have likely triggered DOGS holders to realize some profits and offload their bag, which explains the stress on the TON network.
With Hamster Kombat announcing the launch of their HMSTR token and airdrop on September 26, the TON network will be put under another level of stress, mainly due to the popularity of the tap-to-earn game.
TON network is seemingly under stress due to the overwhelming stress from DOGS transactions. The network stopped processing transactions for almost four hours yesterday. Exchanges like Bybit even suspended deposits and withdrawals via the TON network because of this.
The TON Foundation dev tweeted that the outage was caused by network overload due to DOGS transactions. Following the first outage, the network faced a second outage a few hours ago. Telegram Wallet announced that TON blockchain transactions were paused.
TON network is now fully operational
After nearly five hours since the network outage announcement, Telegram put out another post that the TON network is now fully operational. “TON-based asset withdrawals and deposits in Wallet will be credited in due course,” the announcement reads.
Interestingly, while the overall crypto market is bleeding, Toncoin is showing positive momentum. Even though Pavel Durov’s arrest caused the price of TON to plummet, the price seems to be recovering slowly.
TON’s price dropped to the $5.15 level yesterday after the first network outage. However, TON is back above $5.60 as the network has resumed transactions after its second outage. CoinGecko data shows that TON is up by over 7% in the last 24 hours.
Toncoin recorded an all time high of $8.25 in June. The network was showing great progression, mainly due to the rising popularity of Notcoin, Hamster Kombat and now DOGS. TON foundation dev Justin tweeted that “Chain being stress tested just means there that much activity on it. Onwards and upwards.”
Different meaning of "we're so back" 😀 https://t.co/i03loRXjkl
Chain being stress tested just means there that much activity on it. Onwards and upwards.
Durov freed by tonight?
— Justin (@maverickqe) August 28, 2024
DOGS price pumps amidst market crash
Just like any other airdrop coin, DOGS was quick enough to plunge by over 30% from its all time high since its launch. DOGS had touched a high of $0.0018 on August 26. However, the price fell as low as $0.001219.
Interestingly, as Bitcoin plunged as low as $58,000 yesterday, DOGS reversed course and pumped by almost 30% to the $0.0016 level. This pump could have likely triggered DOGS holders to realize some profits and offload their bag, which explains the stress on the TON network.
With Hamster Kombat announcing the launch of their HMSTR token and airdrop on September 26, the TON network will be put under another level of stress, mainly due to the popularity of the tap-to-earn game.
DOGS at 1 Dollar September 2024?
Fact or fiction? $DOGS
I think it will go up to $20 per coin.
$TON
Fact or fiction? $DOGS
I think it will go up to $20 per coin.
$TON
The situation in Venezuela and its relationship with Bitcoin is complex. If we consider a hypothetical scenario where the country faces power outages, which could affect Bitcoin mining, there are several factors to consider:
1. **Impact on Bitcoin price**: If Venezuela, which has been an active country in Bitcoin mining, experiences significant power outages, this could reduce its mining capacity, which in turn could decrease the global hash rate. However, Bitcoin has a decentralized network, and if other miners in different parts of the world continue to operate, the impact could be limited. If the price of Bitcoin is at $48,000 and a significant event occurs that affects market confidence, it could fall by 10% to 30%, depending on other market factors.
2. **Global effects**: A crash in the price of Bitcoin could generate panic in the cryptocurrency markets, causing massive sales of other cryptocurrencies and a possible correction in the market in general. This could affect the perception of cryptocurrencies as a safe investment and cause increased volatility.
3. **Market reaction**: Investors could view a drop in price as a buying opportunity, which could help stabilize the market in the short term. However, if the drop is severe and prolonged, it could lead to a broader bear market.
$BTC
1. **Impact on Bitcoin price**: If Venezuela, which has been an active country in Bitcoin mining, experiences significant power outages, this could reduce its mining capacity, which in turn could decrease the global hash rate. However, Bitcoin has a decentralized network, and if other miners in different parts of the world continue to operate, the impact could be limited. If the price of Bitcoin is at $48,000 and a significant event occurs that affects market confidence, it could fall by 10% to 30%, depending on other market factors.
2. **Global effects**: A crash in the price of Bitcoin could generate panic in the cryptocurrency markets, causing massive sales of other cryptocurrencies and a possible correction in the market in general. This could affect the perception of cryptocurrencies as a safe investment and cause increased volatility.
3. **Market reaction**: Investors could view a drop in price as a buying opportunity, which could help stabilize the market in the short term. However, if the drop is severe and prolonged, it could lead to a broader bear market.
$BTC
Login to explore more contents