THE $DOGS TOKEN HAD A DRAMATIC LAUNCH TODAY 🔥🚨
Here’s the breakdown!
• Price Surge
$DOGS shot up 124% on Binance after its debut. Investors quickly jumped in, pushing the price higher
• High On-Chain Activity
The $TON network saw an incredible 150,000 requests per minute due to the $DOGS token unlock, showing massive interest
• Exchange Issues
The high volume caused major disruptions. Binance, OKX, and Bybit had service hiccups. Telegram Wallet reported problems with its exchange feature, which is temporarily down. Bybit also faced brief interruptions but is back online
• MEXC Trading Early
$DOGS started trading earlier on MEXC, leading to a price premium there. It opened 10x the launch price and is still higher compared to other exchanges
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• Market Reaction
Even with the initial surge, $DOGS dropped 29% on other platforms as the market adjusted. Binance also faced delays with the TON network upgrade, impacting TON token deposits and withdrawals
Overall, the DOGS launch created a lot of buzz but also some chaos in the market - But it’s just a start this one will
Surge even higher 🤝
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