TON Network Achieves Fantastic Achievements, DOGS and Pavel Durov Effect?

  

Discover how TON Network is revolutionizing the blockchain world with DOGS token and Pavel Durov's influence. Dive into the full story now!

TON Network is gaining success. This network is said to be the most active blockchain in the crypto market. According to the @intotheblock account on social media X, TON is said to have had significant growth this year.

So, what is the reason for TON Network's recent success? Is it true that the arrest of Pavel Durov in Paris had an impact on TON? Check out the answer by reading this article to the end.

DOGS Airdrop Impact for TON Network

One of the coin memes that is causing a stir-holder crypto is DOGS. Since its launch at the end of August, DOGS has attracted the attention of many users and made a great contribution to the TON network.

As a result of the DOGS airdrop, the TON network saw an increase of 2.19 million unique wallets with active balances.

Not only about the DOGS hype, this memecoin is cool to look at. DOGS price reached its ATH in early September and currently continues to show promising increases and even indicates bullishness.

When this article was written, market DOGS to USDT   had increased by +3.11% so it was trading at $0.0010408. When compared to yesterday, DOGS did experience a price increase, but the DOGS RSI indicator line fell below 50, which means the selling trend is higher than the buying trend.

Is it True that Pavel Durov's Arrest Affected TON Network?

Simultaneously with the launch of the DOGS token, the Pavel Durov incident shocked the crypto ecosystem, especially loyal Telegram users. This Telegram CEO was suddenly arrested while at Paris airport and this arrest caused the price of several tokens on the TON network to decrease.

Right around the time of Pavel Durov's arrest on August 24, transactions on the TON network increased sharply. The average transaction reached a new record with 8.68 transactions a day on August 31.

This number surpassed the previous record on January 17 with 8.56 transactions in a day. And since Pavel Durov was appointed, transactions on the TON network have increased by 160%. To this day, the number of transactions on the TON Network continues to increase.

Impact of Increase in TON Network Transactions on TON Tokens

The fantastic increase in the TON network influences the price conditions of the TON token. When this article was written on September 12, price TON to USDT was $5.3863 with a gain of +2.25% in 24 hours. Previously, TON reached its highest price in 24 hours at $5.4487.

It's not just about rising prices, the RSI TON indicator also gives positive signals. TON's RSI line is at 62.84, which means there are far more TON buying transactions than selling transactions.

This positive trend is reflected in the TON MACD line which is moving up above its limit line. This indicates that TON may experience a bullish trend shortly.

If you want to check TON and DOGS prices in real-time, the Bitrue website can help you. You can even check the latest news about the crypto ecosystem so that you stay up to date with the various crypto projects that are being carried out.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

DOGS Becomes Top 3 Crypto with 5+ Million Unique Holders, Competing with USDT and ETH?

 

As a new meme coin, DOGS's reputation is increasingly strengthening in the crypto ecosystem. DOGS becomes the top 3 crypto with the most unique holders. This number is considered fantastic because the tokens with more holders than DOGS are only USDT and ETH.

So, will DOGS continue to be successful in the crypto ecosystem? Is DOGS's performance worthy of long-term investment? This article will discuss it, especially for you. Watch until the end to learn about DOGS developments in the crypto ecosystem.

DOGS Latest Achievements

Recently, the TON community announced that as many as 17 million users claimed DOGS tokens. This achievement is quite impressive for a new meme coin like DOGS.

According to Tonviewer, more than 5 million wallets are holding DOGS tokens on the TON blockchain. With this amount, DOGS has become a meme coin with a fantastic number of unique holders.

With that many holders, DOGS can only be surpassed by USDT from Tether and Ethereum (ETH).

Throughout its existence, DOGS now has more than 53 million users on its mini app with more than 42 million users eligible for airdrop claims. 

With this achievement, the TON Community has more hope in Catizen and Hamster Kombat which is predicted to be able to compete with the success of DOGS now.

DOGS, Meme Coin Leader?

DOGS has many fans. Its release on crypto exchanges is much anticipated. However, the release schedule which coincided with the incident of Pavel Durov's arrest meant that the DOGS price performed beyond user expectations.

Crypto News Flash reports that DOGS is gaining tremendous traction among meme coins. It was recorded that as of September 10, DOGS had increased by 9%. Staking DOGS also attracts more and more users.

For additional information, you can get prize of 50,000 HMSTR tokens by staking DOGS on Bitrue. The requirements are very easy. You only need to verify KYC on your Bitrue account, make a deposit with a minimum nominal, then you can redeem at any time.

As of September 11, DOGS had declined by 4.63%. Now, DOGS is trading at $0.0010112. Previously, DOGS was at $0.0010855 as its highest price in the last 24 hours.

In the price chart above, the RSI line is at 46. A number below 50 indicates that the DOGS selling trend is higher than the buying trend.

However, DOGS holders can be a little optimistic about DOGS performance because the MACD line seems to be trying to rise upwards. It could be said that DOGS has the possibility of being bullish even though it is currently in the red.

Will DOGS Continue to Be Popular in the Crypto Ecosystem?

The important question now is, will DOGS continue to establish itself as a meme coin with strong value in the crypto ecosystem?

Since its inception, DOGS has become a favorite among Telegram fans and the TON Community. DOGS continues to be in demand even when Bitcoin and the majority of Altcoins experience price declines. 

When Bitcoin fell to $54,000, DOGS rallied with an increase of up to 16.5%. However, will this positive DOGS trend continue in the future?

Yang pasti, like any other cryptocurrency, DOGS is subject to various factors that can influence its price. Here are some of the key factors, such as:

1. Market Sentiment and Speculation

Positive news, hype, and fear of missing out (FOMO) can drive up the price of DOGS. Negative sentiment or news can have the opposite effect. Discussions and trends on social media platforms like Twitter and Reddit can significantly impact the price of DOGS.

2. Supply and Demand Dynamics

The distribution of DOGS tokens among holders can affect price. A concentrated ownership can lead to higher price volatility, while a wider distribution can stabilize the price. 

The availability of buyers and sellers in the market can impact price. Higher liquidity generally means more stable prices.

3. Technological Developments and Project Progress

Positive developments in the DOGS project, such as new features, partnerships, or milestones achieved, can boost investor confidence and drive up the price. Improvements in the DOGS blockchain's scalability and performance can enhance its utility and attract more users, potentially increasing the price.

Conclusion

That is information related to DOGS becomes the top 3 crypto with the most holders. The number of holders can only be surpassed by USDT and ETH, making DOGS a meme coin that is quite worthy of consideration at the moment.

You can read other information related to DOGS and various other crypto ecosystem news updates only on Bitrue. Only on the blog Bitrue, you can get the latest news related to cryptocurrency which can be read anytime and anywhere for free!

About Bitrue

About Bitrue Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

 

Bitrue Holds Hamster Kombat Airdrop, Distributes 10,000,000 HMSTR Tokens!

Bitrue is holding a Hamster Kombat airdrop taking place starting today. Prizes awarded reach 10,000,000 HMSTR tokens. Read this article to know about the terms and conditions.

On September 26, Hamster Kombat will be officially listed on various global crypto exchanges, including Bitrue. To celebrate the registration of this token, Bitrue is holding a hamster kombat airdrops. No half-hearted, the prizes awarded reach 10,000,000 HMSTR tokens!

Are you interested in following it? Check out the explanation below.

Bitrue Hamster Kombat Airdrop Schedule

Bitrue has just announced its newest event, the Hamster Kombat airdrop with fantastic prizes, namely 10,000,000 HMSTR tokens specifically for Bitrue users.

The Hamster Kombat airdrop event from Bitrue will be held from September 13 to September 27 at 06:00 UTC.

There are 13 days left for you to take part in this event and have the opportunity to get HMSTR tokens for free.

Rules for Following the Bitrue Hamster Kombat Airdrop

Every airdrop event, of course, has rules. If you want to participate in this airdrop hamster event, please follow the following rules. 

1. Register with Bitrue and complete KYC level 2 verification.2. Deposit any token with a value equivalent to 100 USDT.3. Trade more than 100 USDT with the spot pair DOGS/USDT, TON/USDT, NOT/USDT, CATI/USDT, or HMSTR/USDT. The registration process for CATI and HMSTR is still ongoing.

Who Can Follow It?

For the terms and conditions of this Hamster Kombat airdrop from Bitrue, you must fulfill the following terms and conditions.

1. Bitrue users

Anyone can take part in the Bitrue airdrop event to get this HMSTR token. However, you must become a Bitrue user by registering. Registration is only valid by clicking "Sign Up Now" on the Hamster Kombat Airdrop banner.

2. Making a Deposit at Bitrue

The second requirement to take part in this airdrop is to make a deposit. The minimum deposit amount is a minimum of 100 USDT or the equivalent of 100 USDT for any token.

3. Make a Trade

You must trade with spot pairs DOGS/USDT, TON/USDT, NOT/USDT, CATI/USDT (coming soon), HMSTR/USDT (coming soon). Trading is done on the total amount of buying or selling.

By fulfilling the terms and conditions above, you have the opportunity to get HMSTR tokens for free. Later, prizes will be distributed within 7 working days after the Hamster Kombat Bitrue airdrop event ends.

For more detail info how to claim the hamster kombat airdrop, dally combo, daily chiper and all about hamster kombat, read more on Bitrue Blog.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.