Coin overview
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DOGSPOINTS
Mapped
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Last price (USDT)
937.85K
24h total (USDT)
3.45M
Total vol (USDT)
2024-07-11 13:00:00 ~ 2024-08-16 09:00:00
Trading time (UTC+0)
-
Delivery time (UTC+0)
Introduction
The image inspiration of DOGS comes from the mascot, Spotty. It is created by Pavel Durov, the founder of TON, specifically for the Telegram community, reflecting its unique spirit and culture. According to the project's community announcement, this token is not just for entertainment; all its sales revenue supports orphanages and children's homes, continuing Spotty's charitable tradition. DOGS total supply: 550 billion tokens.
DOGS will add two new token claiming options to reduce network load and speed up the process
On September 1, DOGS officials posted on the Telegram channel that for users who have not yet claimed the token, two new claiming options will be added to the application tomorrow: Faster withdrawals, requiring a small fee in the form of DOGS; Slower withdrawals, but no handling fees. Users can choose the most suitable way to receive DOGS, which will speed up the process with less blockchain load.
Meme coin RFG soared 7 times in a week. How to participate in the "Golden Shovel" Match NFT British auction?
Original source: MATCH The crypto community has been very lively recently, and the Meme season is here again. TRON Sun Yuchen has been pushing the launch platform SunPump, and various local dogs have emerged one after another; "Black Goku" has brought a number of meme projects with the same name to the fore; TON ecosystem DOGS has been snapped up by multiple top exchanges. Among them, there is also a "national airdrop" Meme coin RFG (Refugee) with the same name as DOGS, which has attracted much attention. It has risen by 700% in one week since its launch and has been wildly praised by community users. The expectation value of listing on top exchanges has been raised to the maximum. As a Meme project launched by Match, the creator of value social networking, RFG is currently in a value trough and is worth ambushing. However, in the early stages, the only way for users to obtain RFG in large quantities is to pledge through Match NFT. A good opportunity for crypto players has finally come. According to the latest official news from Match, NFT will start a decentralized English auction on August 31. Match NFT decentralized English auction is not only the practice of the MEME spirit, but also gives every user an equal opportunity to obtain project dividends. (Note: Match NFT auction operation flow chart is attached at the end of the article) 1. Why auction? Analysis of the underlying value and application value of Match NFT When it comes to NFT, the first reaction of crypto players who have experienced the ravages of multiple NFT projects in the last round of bull market is "bubble" and "air". After all, the desolation of NFT seems to have become a consensus. A number of blue-chip projects such as BAYC, Fat Penguin, and AZUKI have long been ignored, and the floor price has fallen again and again; the total transaction volume of the entire NFT market has also dropped from a peak of US$2.2 billion to less than US$600 million today, and it has been cut in half again. The reason why the NFT projects of the past failed is that there is not enough support for application scenarios, and their vitality cannot be maintained in the long run. For example, various small pictures (PFP), after the initial hype, it is difficult to find new scenarios to use them except for displaying them as avatars. Although some projects have also explored new paths, such as Yuga Labs developing a rowing game to empower BAYC, they ultimately ended in failure. Even Stepn, which has become popular outside the circle, cannot maintain the prices of various shoe NFTs in its economic model, and no one is interested in it after the collapse. In view of this, Match NFT has absorbed the lessons and successful experiences of past projects, empowered the launch of the industry 3.0 version of NFT from multiple dimensions, provided users with a soul identity on the chain, and enhanced the uniqueness and sense of value of social interaction. (1) Application value, NFT pledge produces Meme coin RFG From the perspective of application value, Match NFT is an incentive tool for users on the platform. By holding and using NFT, users can obtain RFG tokens, unlock more platform functions and obtain higher social value. According to the white paper, there are two types of assets on Match: Match NFT and RFG tokens. RFG is the Meme token on the platform, which is completely fair and has no reservations by the project party. NFT pledge mining (single-person mining and social matching joint mining SMS) is the only way for early participating users to obtain RFG tokens. To some extent, Match NFT has actually become the "mining machine" of RFG, and the values of the two are closely related, that is, the value of RFG will directly affect the market recognition of NFT. At present, the market value of RFG is relatively low in the startup stage, and the FDV is less than 4.5 million US dollars. Compared with the valuation of DOGS, which also has the concept of "TG National Airdrop", which is 1 billion US dollars, RFG is undoubtedly still in a value trough. Moreover, the release of RFG is slow, and all RFGs are locked in smart contracts. Only after the corresponding rules or logic are met in the business scenario will they be released accordingly. This has reduced the market's circulation and selling pressure to a certain extent, and can better reflect the price. The initial circulation of DOGS reached 90%, and the pressure to rise in the later period was relatively large, and the space was small. When RFG grows to the level of a top meme, its market value will reach 100 million US dollars or even 1 billion US dollars, and there will be room for growth of hundreds or thousands of times. Correspondingly, the value of Match NFT will also rise, and there may be a situation where Bitcoin mining machines are in short supply when the market soars. Match NFT pledge mining, an innovative financial model, not only improves the user's return on investment, but also enhances the actual value and function of NFT. (2) Underlying value, Match platform as a strong support for NFT NFT on the Match platform is not only a static digital asset, but also an important tool to guide users to participate in social activities; through NFT, users are guided to participate in social activities and build social scenarios. The Match platform has also designed a variety of social activities and tasks. By completing these tasks, users can get more NFT rewards, further motivating their participation. Therefore, as a certificate of Match's ecological rights and interests, the underlying value support of NFT depends on the long-term development of the platform: if Match is prosperous, NFT will be prosperous, and vice versa. What is Match? Match is a SocialFi platform project that integrates Web3 finance and artificial intelligence (AI) technology. Based on AI, big data bottom layer and the wealth effect of Meme coins, Match is rapidly building an efficient value social network to meet users' extensive needs such as obtaining cutting-edge information, reaching high-quality projects, and optimizing investment strategies. Match is committed to returning the value of user data to the users themselves, and realizing the circulation and transaction of data through innovative mechanisms, thereby creating a new type of social product. Through these technologies, Match not only improves user participation and trust, but also creates a new value growth model for the platform. In short, Match superimposes the three king-level combination narratives of AI+SocialFi+Meme. At present, the market value of several major applications in the SocialFi sector is more than 100 million US dollars, and the FDV (which can also be understood as valuation to some extent) is more than 1 billion US dollars. In addition, the market value of the top applications in the AI sector is more than 300 million US dollars, the circulating market value of WLD is 580 million US dollars, and the FDV is as high as 21.2 billion US dollars; the top projects in the Meme sector are basically more than 200 million US dollars, and the high ones even reach several billion US dollars. With the superposition of the three major buffs, Match's future valuation will be at least more than 1.5 billion US dollars, and up to 20 billion US dollars or even 30 billion US dollars. NFTs built on the basis of Match have obtained long-term value support and finally successfully jumped out of the vicious circle of the death spiral. In addition, according to the official statement, every user holding NFT can obtain project growth dividends. In addition to enjoying NFT appreciation, staking mining RFG rewards and RFG appreciation benefits, other privileges can be obtained in the future. To sum up, Match NFT, which has underlying value support and application value, is worth participating in its decentralized auction sales, and the sooner you participate, the better. 2. How to conduct an auction? Decentralized English Auction Guide Match NFT has three types, representing different mining weights, numbered α, β, and γ, with mining weights of 1.1 times, 1.2 times, and 1.3 times respectively - γ has the highest mining weight, so its value is relatively higher. The circulation of the three types is 15,000, totaling 45,000. Considering fairness, 90% (ie 40,500) of them will be completely and fairly distributed to users through Match's original decentralized English auction, which is completely random and blind, and sold according to the bid amount. In simple terms, the English auction means that the starting price of the second phase will be determined by the transaction price of the first phase. The entire auction has a total of 10 phases, and the total number of NFTs in each phase is 4050. (1) NFT pricing mechanism The initial starting price of the first phase is US$70. The transaction price of each subsequent auction will be used as the starting price of the next auction, thereby driving the NFT price to continue to rise. Match creatively proposed a random algorithm pricing mechanism, which will change with the number of participants and market heat, thereby ensuring fairness to the greatest extent. The system will calculate the number of people who receive 2 NFTs based on the number of bidders and the final bid, and the remaining bidders will receive 1 NFT in the order of bid ranking. The bid for the last NFT in each auction is the current NFT pricing. Contributions that do not receive NFTs or exceed the transaction price will be refunded. For example, suppose there are 5,000 people participating in the first auction, with a starting price of $70; the random algorithm determines that a certain percentage (no more than 30%, assuming 20%) of them can get 2 NFTs, that is, the first 1,000 people get 2 NFTs; there are only 2,050 NFTs left in the current period, and the top 2,050 people among the remaining 4,000 people can get 1 NFT. A total of 1,000+2,050=3,050 people received NFTs this time, and the user ranked 3,050th in the bidding bid $100, which is the current NFT pricing. If the user bids less than $100, they will not be able to obtain the NFT and the funds will be returned; if the user is eligible to obtain 2 NFTs and the total bid is higher than $100 but lower than $200, they can only obtain one NFT and the remaining funds will be returned; if the user is eligible to obtain 2 NFTs and the total bid is higher than $200, the remaining funds after deducting $200 will be returned. (2) NFT randomness and rarity Match also introduced a second random algorithm, namely the NFT type blind box. After the NFT auction is completed, it can only be determined whether there is a winner, but the specific type of NFT can only be known when the user actually receives and opens it. The probability of different types of NFTs is different. The higher the level, the lower the probability. The probabilities of α, β, and γ are 50%, 30%, and 20% respectively. Through the double random algorithm, the randomness and scarcity of NFT are guaranteed. In addition, in order to prevent whale monopoly, Match also limits the number of user participation. Each user can successfully participate in up to two NFT auctions, that is, obtain up to 4 NFTs, so as to ensure that the chips are sufficiently dispersed; failure to successfully obtain the current NFT does not affect the qualification to continue to participate in the auction until the NFT in the second auction is successfully obtained. Therefore, theoretically, the probability of a user wanting to obtain a complete set of three different types of NFTs is relatively small, and most of them will only have one or two types of NFTs, which also leaves a window of demand for subsequent SMS social matching joint mining. How to ensure that users do not hoard NFTs in large quantities by swiping accounts? Match confirms the user's identity based on two core factors. The first is to bind the on-chain address, which requires signature verification; the second is to bind the TG account and interact with BOT to verify the wallet address (this process is required for receiving airdrops and participating in auctions). Through the above measures, Match does everything possible to ensure that NFT chips are sufficiently dispersed to prevent large users from hoarding NFTs for mining and dumping, thereby opening up a channel for subsequent increases. (3) Auction tips: RFG staking increases the probability of rare attributes and Boost bonus As mentioned above, the number of NFTs obtained by each person is limited, but the mining efficiency of NFTs of different levels varies. So, how to auction for higher-level NFTs? According to the official statement, users can increase the probability of obtaining rare NFTs by staking RFG through RFG Meme Pool. Moreover, the more single-coins are pledged, the higher the Boost coefficient will be when NFT pledge generates RFG, up to 2 times. Users can apply to release the pledge at any time and flexibly manage funds for regular pledge. Users can choose different pledge periods, such as 60 days, 90 days, 180 days and 360 days. The longer the period, the higher the interest income. Regular pledges cannot be released before expiration. When the pledged RFG reaches a certain amount, the Boost coefficient can be obtained. The more pledged, the greater the Boost, up to 2. (Note: The Boost coefficient can be used to improve the efficiency of NFT pledge mining) Assuming that the user has not pledged RFG, the probability of obtaining α, β, and γ is: 50%, 30%, and 20% respectively. If the user obtains a boost multiple (1<= boost <= 2) after staking RFG, the probability of obtaining γ will be increased by: r = (boost - 1) * 30% (i.e. the probability increase does not exceed 30%, and the total probability of obtaining γ does not exceed 50%). Finally, the probability of the staking user obtaining NFTs of various levels is changed to: · α: 50% - r · β: 30% (the probability of the user obtaining β remains unchanged) · γ: 20% + r ... Assuming that the starting price of the first phase is $70, the highest bidder wins; even if the price increases by 20% each subsequent phase - in fact, the popularity is rising, the increase is only higher, not lower, and the starting price continues to rise. The conservative estimate of the starting price of the last NFT is $624. In other words, if the user participates in the first auction and obtains the NFT, even if he does nothing, the value will increase by nearly 9 times by the last phase. The wealth-creating effect brought by NFT is amazing, and it is extremely attractive in the current market environment. What's more, NFT itself can be mined to continuously generate RFG tokens with infinite value, truly "eating and taking". In addition, decentralized English auction sales also carry more funds to enter the market and price RFG's tokens to a certain extent, so Match NFT can be understood as RFG's "mining machine" or Match's "Golden Shovel of Genesis". In addition, the English auction stipulates that each user can successfully participate in 2 auctions and obtain 4 NFTs at most, further increasing the scarcity. In order to increase the probability of obtaining rare NFTs, players need to pledge RFG to further increase the price of RFG. As the price of RFG rises, more people will be encouraged to participate in NFT auctions; as the auction progresses, the price of NFTs will also rise, further increasing the cost price of RFG, and ultimately achieving a spiral rise. Appendix: NFT Auction Process Finally, interested friends can log in to the Match official website to participate in the NFT decentralized auction. The specific process example is as follows: 1. First open the official website https://dapp.match.top/auction, link the wallet address (transfer funds), and bind TG for verification. 2. After the preliminary preparation is completed, enter the "Auction" page, click the "Participate Now" button, enter the bid amount, and bid. 3. According to the auction situation, increase the bid amount appropriately. 4. View the auction you participated in on the homepage, enter the auction details page to receive NFT and receive a refund. This article is from a contribution and does not represent the views of BlockBeats
DOGS Price Plummets 19% In A Week As Investors Pivot To This SHIB Derivative For Its 894% APY
The DOGS price dropped 15% in the last 24 hours to trade at $0.001288 as of 3.30 a.m. EST on trading volume that plummeted 64% to $737.6 million. On a weekly basis, the token corrected by over 19%. The DOGS token is closely connected to the Telegram community, as it was created as a community-driven initiative on the TON Blockchain and was designed to leverage Telegram’s massive user base and native meme culture. Its price has recently been strongly influenced by fundamental factors, specifically the fact that Pavel Durov, the founder of Telegram, was both arrested and released within a single week. Durov was arrested shortly after landing in France, due to his connection to Telegram, which was enough to make the French authorities hold him responsible, at least in part, for enabling criminals to share illegal content and organize operations using his privacy-enabled messaging app. Since then, there was a massive community backlash that criticized the French authorities for violating the freedom of expression by arresting Durov, who was, in the meantime, released after paying the bail. Meanwhile, all of this affected the DOGS price in one way or the other, but now, the token has started to fall under the influence of the wider market, which once again finds itself under a strong bearish influence. DOGS Price Prediction The DOGS price has been seeing a strong dip since launch, as mentioned, with the price drop being driven by the arrest and accusations raised against Durov, and then by the bearish market. With that said, the token has also approaching what appears to be its bottom, judging by several technical indicators, and it might bounce back up very soon. The token’s Bollinger bands have been going through a pattern of sudden narrowing followed by a surge in volume that pushed them further apart just as rapidly, only for them to narrow again and repeat the process. Each time when the bands start drifting further apart, the token would see a small recovery. Right now, the bands are once again seeing the distance between them increase, but the price is still stuck to the lower band, pushing it further down. In other words, the bullish and bearish signals are mixed when it comes to this indicator, reflecting the conflict between the bulls and the bears in the market, where both forces are fighting for dominance. The bearish market is still stronger at the moment, which can be seen from another technical indicator — the Relative Strength Index (RSI). The RSI value has been spiraling down from the overbought zone to the oversold area, signaling that traders were initially buying, but have then started massively selling their DOGS tokens. The RSI sank to 32.45, which is at the threshold of the oversold zone, and typically when its value approaches 30, many among traders take that as a signal that it is time to buy the dip. For now, the DOGS price is still dropping, but that could change relatively quickly if the market conditions allow it. One conclusion to draw from all of this is that the market is experiencing strong volatility right now and that it is not to be taken lightly. While the experts know what they are doing, even they are exposing themselves to major risks by buying DOGS right now, although their chances of making a profit out of the current situation is far greater than those who lack similar experience. Instead of focusing on DOGS, inexperienced traders should look into alternative investments. Promising Alternatives to DOGS With the price of DOGS dropping, opportunity seekers in the crypto sector can either wait until it hits the bottom and try to buy the dip, or turn to a safer alternative. Buying the dip is a risky move with crypto, as you never know for sure that the bear market won’t double down and push the prices even further down. Alternatively, if you can find a high-potential cryptocurrency with strong utility, great demand, and catch it while it is in presale, that means it is all but guaranteed to shoot up post-launch. One example of this is Shiba Shootout (SHIBASHOOT) — a new Shiba Inu-inspired meme coin that introduced a unique Wild West design. More than that, the project created its own P2E game, that allows users to engage in sharpshooter duels. Right now, the game is a fun way to pass the time, but once the SHIBASHOOT ICO ends, it will receive a Web3 update that will let you earn the project’s native token for winning the duels. Speaking of the ICO, it recently hit $1 million, and as of August 30, it sits at $1.05m raised. The SHIBASHOOT token sells for $0.02 right now, but in only three days, it will see another scheduled price increase. If you buy it before that, you will get it at a lower price, and the price will only continue to grow as the presale continues to move through more stages. SHIBASHOOT is available in exchange for ETH, USDT, BNB, or credit/debit card, and you can join by heading to the Shiba Shootout website . ClayBro, a major crypto YouTuber with over 130k subscribers, recently noted that the project has massive potential and that analysts are expecting to see it on Binance soon after it sees its first listings. Visit SHIBASHOOT official website. Related Articles: Shiba Shootout Price Prediction – $SHIBASHOOT Price Potential in 2024 How to Buy Shiba Shootout – $SHIBASHOOT Presale Review Trader Predicts This High Potential Meme Coin Presale Might Surpass Shiba Inu – $SHIBASHOOT
TON Ecosystem Prepares for Bullish TON Price Surge Fueled by DOGS and Hasmster Kombat Airdrops
The TON ecosystem prepares to welcome a bullish surge in TON price. This pump may arrive from the bullish launch of exciting projects on the TON ecosystem. Hamster Kombat and DOGS could lead the way to TONs inevitable price pump. With the CEO of Telegram, Pavel Durov’s release from the French authority’s custody, the expectation for TON price to recover is greater than ever. Besides this development alone, many projects on the TON ecosystem bring greater attention and expectations for TON price to skyrocket. Read CRYPTONEWSLAND on google news In detail, the TON ecosystem is known for its tap-to-earn games and the most popular of these games are yet to truly begin their run this cycle. To specify, projects like Hamster Kombat and DOGS are both yet to launch their long-awaited airdrops. So far, both projects have gained massive community interest. DOGS and Hamster Kombat Could Propel TON Price The TON ecosystem is fueled by crypto interest from the messenger Telegram community. Thanks to its encrypted and secure nature, Telegram became a mighty source for crypto projects to thrive and The Open Network (TON) began its journey here. Telegram has over 700 monthly users and about half of them are already members of Hamster Kombat . Hamster Kombat saw millions of users flock to the project in a very short time. This record was close to the interest generated by Pokemon Go and Threads where Hamster Kombat caught the attention of over 100 million users in under two months. Similarly, the DOGS project is also welcoming more and more interested users to its platform. With both DOGS and Hamster Kombat airdrop ready to take place in the coming weeks ahead, the TON ecosystem expects a major spike in users. This in turn could reflect heavily on the price of TON. TON Prepares for a Bullish Future TON has had a spectacular run this cycle. The asset rose to the top 10 cryptos according to market cap and is expected to pump to new highs in the peak of the expected altseason. Recently, due to Pavel Durov’s arrest and the uncertainty of his future hearing, FUD has sparked within the crypto community. However, with the many bullish projects set to launch on the TON ecosystem, the expectations for TON to moon eventually despite the uncertainty of Durov’s trial are much stronger. Perhaps TON price will reflect this sentiment soon. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Here’s Why TON Suffered a 7-Hour Outage
The Open Network (TON) recently experienced a prolonged operational disruption. TON has cited reasons for the disruption. An update has been provided regarding the restoration of operations. Over the past months, The Open Network (TON) has seen a significant increase in activity. The consistent trend of token launches has brought unprecedented traffic to the network, resulting in significant growth across the ecosystem. However, the surge in operations has not come without its challenges, exposing underlying vulnerabilities within the network’s infrastructure. TON Hit by Major Outage The increasing congestion on TON has recently culminated in a significant outage. On Tuesday, August 27, 2024, around 11 AM UTC, the network suffered an abrupt disruption, which halted block production for nearly seven hours. Sponsored Triggered by an abnormal load on the network, the disruption was primarily associated with the recently launched DOGS memecoin frenzy . TON addressed the outage in a statement , explaining that the sudden surge in transactions caused a breakdown in consensus among validators, which struggled to clean up old transactions from their databases. Source: TON The overwhelming transaction volume brought the entire network to a standstill, causing exchanges including Binance and Bybit to temporarily suspend deposits and withdrawals involving the network. Additionally, TON’s native token Toncoin suffered a downward pressure in the wake of the incident, extending the decline it commenced earlier in the week to approximately 20%. However, a subsequent patch has helped restore operations. TON Back Online Around 6:30 UTC on August 28, 2024, TON confirmed the resumption of operations on the network on social media platform X. “TON is now producing blocks normally! We are back online,” the statement read. The resumption followed the network’s call to validators for a collective restart, allowing consensus to be reestablished. The network also previously noted that all transactions would be complete, guaranteeing that no assets would be lost due to the issue. In response to the resumption of services, Toncoin has recorded an uptick in price, trading at $5.50 at press time. On the Flipside Several community members have criticized TON’s outage as a significant flaw in the network’s infrastructure. At press time, the DOGS memecoin is trading at $0.0015, up approximately 30.5% in the last 24 hours. The TON Society recently voiced support for the arrested Telegram founder Pavel Durov. Why This Matters Outages on blockchain networks are not uncommon, even despite the expectation that they handle large volumes of transactions without interruption. However, the extended duration of TON’s outage raises serious concerns about its ability to handle its growing congestion. Read this article to better understand the buzz surrounding the DOGS memecoin launch: DOGS Trader Bags 420% Gains Before Binance Listing BlackRock is leading the Bitcoin ETF inflow trend, read here for more details: BlackRock Dominates Bitcoin ETFs Inflow Streak with Record $224M
Kine Protocol's daily trading volume exceeds 1.2 billion US dollars, ranking first in single-day trading volume
News on August 30, according to CoinMarketCap data on August 30, the decentralized derivatives trading platform Kine Protocol ranks first in trading volume among decentralized exchanges, with a daily trading volume exceeding $1.2 billion. KINE is committed to providing a more user-friendly experience with zero gas and zero slippage. Based on its synthetic asset mechanism, KINE can launch contracts of popular currencies such as DOGS, ZETA, JUP, MEW, LISTA at the earliest time across the network and has launched various operational activities including new coins for seven days without transaction fees, giving away Black Myth Wukong digital games and points exchange for physical rewards. Founded in 2020 by institutions such as OKX,CMS , Blockchain Capital , Angelist , SPARTAN , NGC etc., Kine Protocol ensures users' asset security through decentralization while improving transaction efficiency.
$DOGS Coin on TON Explodes 21% As Pavel Durov Is Released On €5M Bail
Last updated: August 29, 2024 11:02 EDT The biggest meme coin on The Open Network (TON), $DOGS, rallied 21% in the early hours today, after news yesterday that Telegram CEO and Toncoin creator Pavel Durov was released on €5 million bail by French authorities. Durov is charged for turning his back on the wide variety of criminal content and activity on the Telegram messenger app, which is a hub for a wide range of online activity thanks to its privacy features. However, authorities say Durov is complicit in the spread of child pornography, trafficking, money laundering, and other organized crimes. They highlight his failure to comply with lawful requests by European authorities in several neighbouring countries, including France and Belgium, for actions on crimes against minors, drug trafficking or online hate. After his arrest on Saturday, Durov was detained for up to 96 hours, the maximum time an offender can be held in custody under French law. The Connection Between $DOGS, Durov and The Open Network. The Open Network (TON) was originally a Telegram project but it spun out in 2020 after the US SEC declared that Telegram’s sale of Toncoin (then called Gram) constituted a breach of federal securities laws. Still, The Open Network and Telegram have maintained a close affiliation. Durov’s pet dog Scotty inspired the $737 million market cap meme coin $DOGS, which launched 2 days ago and is already the biggest meme on TON. At midday yesterday, prices spiked more than 30%, from around $0.00125 to $0.00165. Now $DOGS is trading at $0.001423, a pullback of a little over 8.5% in the last 24 hours. In contrast, market leader Bitcoin ($BTC) added 1.7% overnight and currently stands at $60,585. Source: TradingView From TON’s $DOGS To Base $DAWGZ, Meme Coins Get Multichain As a TON meme coin, $DOGS is one of several examples, much like DogWifHat and Bonk on Solana, of how meme coins are starting to thrive outside of their original platform, Ethereum. Investors wanting to explore some headier upside could allocate a small portion of funds to the new cross-chain meme coin Base Dawgz ($DAWGZ) , still only in pre-sale. Like Dogecoin, Base Dawgz is another Doge meme coin, this time its primary kennel is on Coinbase’s Ethereum Layer 2, Base , but it’s also compatible with Ethereum, Solana, BNB Chain, Avalanche and Polygon. $DAWGz launched on June 4, taking in over $200,000 within minutes as investors piled in to snap up a multi-chain meme coin with staking and share-to-earn capabilities. To date, it has raised $3.2 million. But what is share-to-earn? Simply put, the token’s ingenious marketing strategy puts community members at the core of Base Dawgz’s marketing strategy, thanks to a share-to-earn system that pays out point rewards for sharing $DAWGZ-centric content on social media. This incentivizes a more loyal meme coin community than $DOGS. Base Dawgz also offers mouth-watering staking rewards of 736%, according to the presale website . Buy in now to catch this potential stratospheric new meme coin at a fixed pre-launch price of $0.008582. With multiple purchase options, including popular stablecoins like USDT and USDC, buying in is simple and secure. However, six days remain to purchase the token before it rises to the next fixed presale price. That means investors better hurry if they want first-mover advantage on a meme coin that has the upward price potential to remove $DOGS from the picture. Check out the Base Dawgz community on X and Telegram . Buy $DAWGZ here Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
From Mass Distribution to Mass Adoption: TokenTable Brings a Sign of Hope
A new wave of mass adoption has begun as Telegram, the primary communication hub for the crypto community, launches the TON blockchain. This blockchain automatically creates crypto wallets for users without the need for seed phrases or complex operations, making it more accessible to the masses. The emergence of Telegram-native games and apps, especially within the DOGS community, has captured widespread attention. With 42 million active Telegram users in the DOGS community, the upcoming token distribution is set to reach numbers exceeding the population of many countries. This large-scale onboarding represents a significant step towards mass adoption, which, in turn, paves the way for mass distribution. In the Web3 ecosystem, mass distribution is vital for achieving mass adoption, as broad access to digital assets and decentralized applications is essential for these technologies to gain mainstream traction. At the forefront of this mass distribution is TokenTable by Sign, the first distribution platform capable of managing such large-scale user volumes across all blockchains, including TON. Powered by Sign's attestation protocol, TokenTable supports mass onboarding by securely storing information on-chain through schemas and attestations. The platform offers a range of flexible distribution options, including automated and transparent distribution, customizable lock-in periods, and NFT/KYC-gated mechanisms. TokenTable has a proven track record, having successfully onboarded nearly 20,000 users from ZetaChain and Moca Network, and is poised to collaborate with [G?] in a new record-breaking distribution to 70 million users. TokenTable's distribution system is designed to advance Sign's mission of mass adoption. Sign envisions a future where on-chain identities and assets are interconnected and fully verifiable, allowing users to identify as members of the sovereign Web3 nation. With its robust capabilities, TokenTable is well-prepared to handle large-scale distributions, such as delivering universal basic income to entire populations. Mass adoption stems from mass distribution. As Telegram sets the pace with TON, DOGS is setting the tone through its distribution via TokenTable. This post is commissioned by EthSign and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.
Floki drops 18%, this might be the reason
The meme crypto section witnessed increased selling pressure on Friday, recording a 2% drop in the market cap. The biggest of the meme coins like FLOKI and DOGS dropped by a heavy 18% and 16%, respectively, in the last 24 hours. A high selling force can be seen in the cumulative crypto market as the Fear and Greed Index is inching toward the fear zone with 46 points. This comes after Bitcoin (BTC) failed to retain the $60,000 price level, facing a decline of 11% in the last 30 days. Whale dumps 15.2B FLOKI FLOKI turned out to be the biggest loser among the top 100 cryptocurrencies by market capitalization. Floki’s price dropped by a massive 18% over the past 24 hours, pushing the meme coins under tension. According to the data shared by Spotonchain, a wallet address linked to FLOKI returned to the market after a dormancy of 2.5 years. The whale went on to deposit 15.2 billion FLOKI (approximately worth $2.27 million) to the crypto exchange, Binance. This major move was recorded just before the price plunge. It added that the FLOKI tokens held by the whale wallet were released from the Floki deployer in early 2022. These tokens were priced at around $0.0000307 at that time. See also Cybercriminals now favor pig-butchering scams over ponzi schemes FLOKI has been on the decline for a while now, as its price dropped by 50% in the past 90 days. However, it is still up by 268% on a year-to-date basis. FLOKI is trading at an average price of $0.000129 at the press time. Its 24 hour trading volume is marginally down to stand at $529 million. FLOKI community awaits CAT airdrop Recently, FLOKI announced that its trading bot has hit a volume and user all time high. It mentioned that the trading bot had $11.6 million in trading volume and 10,600+ users. This is seen as impressive growth by the community, as the bot now trades an average daily volume of $2.5 million. It comes in line with the announcement of Floki Trading Bot x Simon’s Cat trading competition. Users are expected to earn from a pool of 1.5% of the total CAT supply by trading the token exclusively through the Floki Trading Bot. On August 26, the meme coin group extended the trading BOT competition with Simon’s CAT. The FLOKI community is expecting a CAT airdrop soon as the snapshot process has already begun.
Telegram on Trial: Will $DOGS Crypto Survive Pavel Durov’s Judicial Backlash?
DOGS crypto is live on Binance and is rallying after listing. Still, there are doubts now that Pavel Durov of Telegram has been charged in France. A few months ago, no one thought the Toncoin ecosystem would be one of the most active. As of late August, TON, the native currency of the Toncoin blockchain, is in the top 10, commanding a market cap of over $14 billion. What’s more? Some of its tokens are some of the most vibrant and valuable. Take, for example, DOGS, Price Trading volume in 24h Last 7d price movement . The Rise And Rise Of DOGS DOGS is one of the many meme coins in Toncoin. However, the token is garnering attention thanks to its successful airdrop and listing on Binance. At press time, Coingecko data shows that DOGS is changing hands at $0.001408 with a market cap of over $722 million. ( Source ) After launching on August 27 on Binance, DOGS is still up nearly 160%. Traders are upbeat that the uptrend will continue. ( DOGSUSDT ) Considering the surge of the past few days, DOGS crypto is outperforming other meme coins, including DOGE and SHIB. According to trackers, the coin is now in the top 10 and more valuable than BOME , a top meme coin on Solana. Following this exchange listing, DOGS developers plan to launch new features, including meme stickers and other customizable content. The goal is to drive engagement and increase DOGS’ utility. Pavel Durov’s Arrest And Toncoin Blackout Even so, amid this excitement, there is a cloud of uncertainty about the future of DOGS. There are multiple reasons to be worried. First, the arrest, detention, and charges against Telegram’s CEO Pavel Durov. Telegram is closely linked to The Open Network (TON), the open-source project building Toncoin. The messaging app has over 17 million active users. Durov is accused of complicity in running Telegram, with authorities claiming not enough action has been taken to prevent criminals from laundering funds and engaging in other unlawful activities. Now that the CEO is under scrutiny, some are concerned about DOGS’s future since it runs on a network closely linked to Telegram. If Telegram is banned in France or Europe, it could significantly affect Toncoin, and its activity may dip. Beyond Durov’s arrest, there are other challenges. As users scrambled to claim DOGS on Toncoin, the network was congested. It unexpectedly crashed, unable to produce blocks for nearly seven hours. TON Blockchain is currently experiencing a disruption in block production. The issue is occurring due to the abnormal load currently on TON. Several validators are unable to clean the database of old transactions, which has led to losing the consensus. TON Core has issued a call… — TON 💎 (@ton_blockchain) August 28, 2024 This disruption in block production questioned the overall reliability of the Toncoin blockchain. DISCOVER: The Next Cryptocurrency to Explode in September 2024 The Way Forward For DOGS Crypto In the coming weeks, whether DOGS will continue rallying will largely depend on how Durov and his legal team will navigate this trial in France. If they are successful, it will alleviate concerns about the future of Telegram, directly benefiting DOGS and other tokens on Toncoin. Additionally, eyes will be on how successful DOGS developers are in implementing their plans. If the meme coin finds more utility and its community expands, the token will shake off the weakness expected after listing, soaring to fresh levels. EXPLORE: 19+ Cryptocurrencies that look set to Explode in 2024 Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The Open Network experiences another network outage
The Open Network ( TON ) experienced another outage on Aug. 28, which appears to be caused by an influx of users minting Dogs (DOGS) tokens on the network. According to a social media post from TON, the issue started around 19:19 UTC. A quick look at the TON block explorer shows that the last block was produced approximately 4 hours ago, as of this writing. Spokespeople for the network reassured users that all funds were safe and that the TON team was working to restore functionality to the network. The last transactions on The Open Network. Source: Tonscan DOGS cause problems on The Open Network The DOGS memecoin was likewise the culprit behind The Open Network’s Aug. 27, outage , causing several hours of network downtime where no new blocks were produced. Block production halted at workchain block 45,341,899, causing some centralized exchanges to place limits on TON deposit and withdrawal orders. Related: TON Society issues open letter to France urging Pavel Durov’s release Block production on the network was restored in the early hours of Aug. 28 after validators were instructed to restart block production at or around 4:00 UTC. Source: Helius developer Mert Both network outages were heavily criticized by Helius developer Mert, who characterized the outages as “unacceptable” due to what he described as a lack of official communication between the TON channels and the community, which cannot access funds at this time. The timing of the outage couldn’t be any worse Although the minting of memecoins has been identified as the prevailing cause behind the outages, the recent arrest of Telegram founder Pavel Durov by French authorities sent the price of Toncoin tumbling to lows of approximately $5 on Aug. 26. Toncoin’s current price action. Source: TradingView The price of Toncoin later rebounded—soaring to roughly $6.11 on Aug. 28—on misinterpreted news falsely claiming the release of the Telegram founder. Following clarification from media sources and the indictment of Durov by French authorities, TON sank below its 200-day exponential moving average, where it is currently trading at the time of writing. Magazine: Tornado Cash 2.0: The race to build safe and legal coin mixers
Telegram CEO Pavel Durov Under Judicial Supervision After Release From French Custody
Telegram founder and CEO Pavel Durov has been released from custody after being charged by French authorities and is now under judicial supervision. French prosecutors said that Durov was indicted with criminal charges linked to his role at the messaging app, according to a Bloomberg report. Following a court appearance, Durov has been barred from leaving France. He was also required to post 5 million euros in bail to be released from custody. Pavel Durov Accused Of Facilitating Illicit Activities On Telegram Police transported Durov to court after he was detained at a North Paris airport on Aug. 24. After the Telegram founder was arrested, prosecutors said Durov was taken into custody as part of a judicial investigation. Charges against Durov included refusal to communicate to authorities, complicity with illegal activities, criminal association, money laundering and providing cryptology services without prior declaration. Durov allegedly helped spread child pornography and facilitated illicit activities through Telegram, according to French prosecutors. French authorities have been criticized for taking Durov into custody, which many see as an attack on the freedom of expression. Supporters of the Telegram CEO, including Edward Snowden, have shared their take on the matter. In an Aug. 25 X post, Snowden called Durov’s arrest “an assault on the basic human rights of speech and association.” He added that he is surprised and deeply saddened that Emmanuel Macron is “taking hostages as a means for gaining access to private communications.” TON Meme Coins Pump 20% After Durov’s Release Following the release of Durov from French police custody, the combined market cap for meme coins on the TON blockchain surged more than 20% in the last 24 hours. Dogs (DOGS), Ton Cat (TCAT) and Tonny (TONNY) were among the biggest gainers through the past trading session. TONNY led the charge after soaring 87%. Meanwhile, TCAT and DOGS saw their prices rise 47% and 22%, respectively. Related Articles: Upcoming Crypto Presales: Unlock Early Investment Opportunities! Crypto Leaders Slam SEC And Gary Gensler For Targeting NFT Marketplace OpenSea With Wells Notice Thai Authorities Crack Down on Illegal Bitcoin Mining Amid Local Power Outages
Telegram-style ‘mini DApps’ come to Line with Kaia mainnet launch
Kaia, a layer-1 blockchain made by two of Asia’s top social messaging apps, has launched its mainnet, which will bring Telegram-like apps to the popular messaging platform Line. The Ethereum Virtual Machine-based chain launched on Aug. 29 and will have “processing speeds of approximately one second” and “extremely low gas fees” to boot, the Kaia DLT Foundation claimed in a blog post . Alongside the launch, the project unveiled Kaia Wave — a program for developers to create mini decentralized applications or “mini DApps,” that will work with the messaging app Line. Source: Kaia Kaia was formed after the February merger of the Finschia blockchain from Japan’s Line and the Klaytn blockchain from major South Korean social app maker Kakao. The two apps are popular in Asia, with Kaia claiming they have a combined user base of over 250 million and users concentrated in South Korea, Japan, Taiwan, Thailand and Indonesia. Related: Former TON Foundation execs establish new community initiative No details were shared on what mini DApps will debut on Line, but it follows its messaging app rival Telegram, which launched similar blockchain-based Mini Apps in 2023, which can use The Open Network (TON) blockchain. Telegram’s Mini Apps feature everything from to-do lists, language tutoring, job searching and dating apps that appear alongside crypto apps for trading, staking, launching tokens and a swath of play-to-earn games that have racked up millions of users . The TON blockchain has recently been hit with outages and has twice been knocked offline for long stretches in the past 36 hours. The first lasted over seven hours between Aug. 27 and 28, and the second lasted for six hours into Aug. 29. TON’s developers said the airdrop of a dog-themed memecoin called Dogs (DOGS) caused a “network overload,” knocking it offline as users strained the network in a bid to get a slice of the drop. Magazine: Jack Dorsey’s ‘marketplace of algorithms’ could fix social media… so why hasn’t it?
LINE introduces Telegram-style ‘Mini DApps’ with Kaia mainnet launch
The popular messaging app LINE is now integrating “mini DApps” with the launch of Kaia’s mainnet, following the trend set by its rival, Telegram, which introduced a similar feature last year. Kaia is a layer-1 blockchain formed from the merger of Japan’s LINE’s Finschia blockchain and South Korea’s Kakao’s Klaytn blockchain, two of Asia's leading social messaging platforms. The Kaia mainnet, which launched on August 29, boasts impressive capabilities, including “processing speeds of approximately one second” and “extremely low gas fees,” as announced by the Kaia DLT Foundation. With the mainnet launch, the Kaia project also introduced Kaika Wave, a developer program designed to facilitate the creation of “mini DApps” for LINE, further expanding the platform's utility. These mini DApps are decentralised applications that will operate within LINE, offering a wide range of functionalities similar to those found on Telegram, such as to-do lists, language tutoring, job searching, and various crypto-related apps. While specific details about the mini DApps launching on LINE have not been disclosed, the move parallels Telegram’s Mini Apps, which leverage The Open Network (CRYPTO:TON) blockchain. Telegram’s Mini Apps have gained significant traction, offering users tools for trading, staking, token launching, and play-to-earn games, despite recent challenges with the TON blockchain. The TON blockchain experienced significant outages recently, with two major disruptions lasting over seven hours and six hours, respectively, between August 27 and 29. These outages were attributed to a “network overload” caused by the airdrop of a dog-themed memecoin called Dogs (CRYPTO:DOGS), which strained the network as users rushed to participate. LINE’s integration of Kaia’s blockchain-based mini DApps could position it as a major player in the growing intersection of messaging apps and decentralised applications in Asia. Kaia’s combined user base from LINE and Kakao exceeds 250 million, with a significant concentration in South Korea, Japan, Taiwan, Thailand, and Indonesia, offering a vast potential market for these new blockchain features. The launch of Kaia and its mini DApps on LINE could pave the way for further innovations in how users interact with decentralised technologies within familiar messaging platforms. At the time of reporting, Toncoin price was $5.57.
TON back online after second DOGS-related outage in 36 hours
The Open Network (TON) has come back online after a second major outage in just 36 hours. The official TON Community announced the network’s return to normal functionality around 1:00 am UTC on Aug. 29 in the official TON Telegram group after it went down at 7:17 pm on Aug. 28. Source: TON Community “TON network is fully operational!” wrote the TON Community chat, adding that withdrawals and deposits to TON wallets would be credited in the coming hours and days. The most recent outage lasted for just over six hours, with TON once again pinning the outage on a surge in network activity stemming from the launch of a new TON-based memecoin called Dogs (DOGS). TON first went down around 11:00 pm UTC on Aug. 27 and stopped producing blocks for six hours, coming back online around 5:30 am UTC on Aug. 28. This first outage was blamed on the DOGS memecoin by market commentators and members of the TON Community and was later confirmed by official TON channels after the network went down a second time. In total, the TON network has experienced more than 12 hours of downtime in the last 36 hours. Officially introduced in July 2024 and launched on Aug. 27, DOGS is a new memecoin running on the TON blockchain marketed as the “most Telegram-native memecoin.” The memecoin was inspired by Spotty, a mascot drawing its likeness from the pet dog of Telegram founder and CEO Pavel Durov , who was arrested in France on Aug. 24. Related: TON Society issues open letter to France urging Pavel Durov’s release The launch of DOGS has contributed to significant congestion on TON, with the token racking up over $1.7 billion in trading volume within the first 10 hours of going live. The official Dogs channel on Telegram has amassed nearly 17 million subscribers in less than two months since the token was first proposed. TON is the third-party blockchain protocol that the Telegram messaging platform has integrated into its service and has claimed it will remain operational and unhindered by Durov’s arrest. The price of Toncoin ( TON ) has gained 8% since the network came back online and is currently changing hands for $5.57, according to CoinGecko data. Despite rallying on the news that network functionality had been restored, Toncoin dropped 17% in the last week, with the token’s price taking a hammering following Durov’s arrest. TON is up 8% on Aug. 28 but remains down 17% on the month. Source: CoinGecko Magazine: Bitcoiners are ‘all in’ on Trump since Bitcoin ’24, but it’s getting risky
Toncoin rises 8% after Durov release despite blockchain outages
Toncoin (CRYPTO:TON) saw an 8% price increase following the release of Telegram CEO Pavel Durov, who was detained by French authorities. However, the positive momentum was overshadowed by recent outages on the TON blockchain, raising questions about its reliability. Durov was released from custody on August 28 after four days, under judicial supervision, with a €5 million bond and restrictions preventing him from leaving France. His arrest on August 24 at Le Bourget airport was tied to allegations of facilitating drug trafficking, organised fraud, and distributing inappropriate content involving minors. French authorities also issued an arrest warrant for his brother, Nikolai Durov, in connection with similar charges. The impact of Durov's release was immediately felt in the Toncoin market. The token's price surged from $5.31 to $5.75, an 8.3% jump within 20 minutes. However, this initial rise was short-lived, and the price has since stabilised around $5.58, still reflecting a 14.7% decline over the past week. The TON blockchain has faced significant technical challenges despite the market's brief optimism. On August 27, the network stopped producing blocks for approximately seven hours due to a surge in transactions linked to the newly launched DOGS meme coin. While operations resumed the following day, another disruption occurred, halting block production again for a period. The TON blockchain team attributed both outages to an overwhelming influx of transactions and assured users that their crypto assets were not at risk. They are currently working on a solution to prevent future disruptions. As of now, the TON blockchain appears to have resumed normal operations, but the recent outages have sparked concerns about its capacity to handle sudden surges in activity. The blockchain's stability remains under scrutiny, with observers questioning whether it can maintain reliability amid growing demand. At the time of reporting, the Toncoin price was $5.54.
TON back online after second outage due to DOGS token issues
The TON (The Open Network) (CRYPTO:TON) blockchain is back online after experiencing a second outage within 24 hours, both attributed to issues with the DOGS token (CRYPTO:DOGS). The latest outage, which lasted just over four hours, was confirmed as resolved by the TON Community Telegram channel at around 9:30 AM Thursday, Hong Kong time. The network's downtime was blamed on a "heavy load attributed to DOGS token minting," which overwhelmed the system and caused it to crash. This follows an earlier outage on Tuesday afternoon U.S. time, which also halted the network due to similar issues with the DOGS token. Despite these disruptions, Toncoin, the native token of the TON protocol, saw an 8% increase in value following the news of the network's recovery, according to data from CoinDesk Indices. However, Toncoin is still trading below its levels prior to the arrest of Telegram CEO Pavel Durov. Although Telegram and TON are legally separate entities, they are closely linked, with TON relying heavily on Telegram for its operations and user base. Pavel Durov, who was arrested near Paris and later indicted in a French court, faces charges related to enabling illicit transactions and child exploitation on Telegram, failing to cooperate with law enforcement, and providing encryption services without adequate controls. The legal troubles surrounding Durov have added further uncertainty to the TON ecosystem, compounding the challenges posed by the technical issues with the DOGS token. At the time of reporting, DOGS price was $0.001484 while Toncoin price was $5.59.
Self-defense 0 CATS: Social media heat soars, Bitget pre-market trading has been launched, and it is expected to reproduce the DOGS myth
I. Reasons for interaction The congeneric product DOGS on TON has sparked a "talent war" among multiple exchanges due to its huge traffic. As a Meme project on the TON chain, DOGS has achieved a significant increase after experiencing an airdrop sell-off at the opening, and its market value has reached $776 million as of now. As a similar token distribution model project with extremely high popularity on social media, according to official website data, CATS has more than 5,300,000 token holders. With the continuous referral of the community and the listing of CATS on the Bitget pre-market trading market, CATS is highly likely to become the next DOGS. In the current market context, participating in Zero Lot can be a self-defense strategy. II. Project introduction Cats' official website claims to be an innovative AI participatory farming platform, aiming to transform online interaction into actual rewards and charitable behavior. The platform integrates Telegram and Twitter, rewards CATS tokens based on user activity level, subscription status, and account age, forming a decentralized social ecosystem. The core concept of Cats is to transform virtual world participation into tangible rewards by motivating users' social interaction, while promoting the development of charity activities. Users can earn more CATS tokens by uploading cat photos, inviting friends, and participating in community activities. In addition, Cats has introduced the "Cat Feeder Stream" feature, which is inspired by a start-up company in Hong Kong and allows users to participate in the feeding of stray cats through the application, further enhancing the user's interactive experience. III. Start interaction Step 1 : Click the link to enter Telegram Bot, click the "Play" button in the lower left corner to start the experience. Link: t.me/catsgang_bot/join?startapp=lwVgkS6BKbNKXo2oyhuPB Step 2 : After officially entering the game, complete the tasks one by one. Specific process : Click the "Show more tasks" button on the page to expand more tasks and complete them in order. Here are the task names: Make a TON transaction Make a TON transaction Play Tomarket Drop Game Play Tomarket Drop game Launch SEED App Launch the SEED application Play MemeFi Get Airdrop Play MemeFi and get airdrops Play Earn $BOOMS Token Play games and earn $BOOMS tokens Complete TOP Apps and KOL's Quest Complete popular apps and KOL tasks Subscribe to Channel Subscribe to channels Follow BAKS ◼️ channel Follow BAKS ◼️ Channel Follow Activity 🚀 channel Follow Activity 🚀 Channel Subscribe to CATS Twitter Subscribe to CATS 'Twitter account Boost CATS channel Enhance CATS channel Subscribe to Activity 🚀 Twitter Subscribe to Activity on Twitter Join CATS Instagram Join CATS Instagram Step 3 : After completing all the tasks on the page, click the "Invite Friends" button in the lower right corner to share with more friends. Summary: By earning CATS tokens at zero cost, not only can you defend yourself, but you can also gain potential benefits from project popularity and market expectations. Completing simple tasks can easily earn CATS tokens, while also preparing for possible future project explosions. Don't forget to invite friends to participate after completing the task and witness the birth of the next Meme myth together.
TON's block production is further interrupted
According to TON on the X platform, the issue with TON block production started at 19:19 UTC on August 28. The interruption seems to be caused by an overload due to DOGS token minting. TONCore is working hard to find a solution. TON will continue to update users on the situation's progress. Users' encrypted assets are not at risk.
Donald Trump’s Fourth NFT Collection Sees Mixed Results
Donald Trump’s latest NFT collection earned over $2 million in sales. NFTs cannot be resold until January 31, 2025, adding market restrictions. Donald Trump’s latest NFT collection, launched on August 27, shows contrasting outcomes just one day after its debut. The “America First Edition” digital trading cards have achieved over $2 million in sales despite a sluggish NFT market. However, the collection’s overall performance appears mixed when considering its size. In a weakened NFT market, Donald Trump’s collection has surpassed even CryptoPunks, the leading NFT collection. Yet, the total number of cards sold is approximately 20,700 out of a possible 360,000, representing only 5.7% of the total supply. Donald Trump’s earlier NFT ventures performed better. His initial two collections, each consisting of 44,000 and 46,000 NFTs, quickly sold out. His third collection , launched last December, featured 100,000 NFTs, but only half were sold. Despite the current lower figures, the revenue remains substantial. The funds will not support Donald Trump’s presidential campaign, as stated on the project website. Instead, they will likely fund perks for buyers, such as a gala dinner with Trump,Trump-branded golden sneakers and a piece of the suit Trump wore during his recent debate with President Joe Biden. Additionally, buyers cannot resell these NFTs on secondary marketplaces until January 31, 2025, a restriction similar to Trump’s previous collection. Donald Trump’s NFT Collection: Mixed Results and Regulatory Issues The collection’s launch coincides with a significant development in the NFT space. OpenSea, the platform hosting Trump’s new collection, recently received a Wells Notice from the U.S. Securities and Exchange Commission ( SEC ). According to OpenSea co-founder and CEO Devin Finzer, the SEC plans to sue, alleging that NFTs on their platform are securities. The notice reflects ongoing regulatory scrutiny in the NFT market, which may impact future NFT projects. Despite these challenges, Donald Trump’s NFT collection remains a notable entry in the digital trading card space, with mixed results and ongoing implications for both buyers and sellers. Highlighted Crypto News Today DOGS Memecoin Surges 23% in a Day Despite Network Chaos
Filled orders
Delivery scenarios
Pre-market trading orders of DOGSPOINTS (total supply of 100.00B) have been proportionally mapped to DOGS (total supply of 550.00B) at a 1:5.5 ratio, with the total order amount remaining unchanged.View now
