TON-Based DOGS Meme Coin Sees Record-Breaking Launch on TON Network

The newly launched Canines (DOGS) token on The Open Community (TON) is claiming to have the biggest token era occasion (TGE) in meme coin historical past.

Impressed by Telegram co-founder Pavel Durov’s iconic canine drawing, the DOGS token has already been claimed by over 17 million customers.

The DOGS token now boasts 4.5 million distinctive pockets holders on TON, surpassing all different tokens on any blockchain by way of distinctive holders inside simply two weeks of its launch. Solely Tether (USDT) on TRON and Ethereum networks at present have extra holders than DOGS.

Nonetheless, the TON community skilled two main outages as a result of launch of the Canines undertaking, highlighting the pressure that such huge adoption can place on blockchain infrastructure.

Upcoming TON initiatives Hamster Kombat and Catizen are anticipated to launch in September, which may doubtlessly be even bigger TGE occasions. The Hamster Kombat recreation reached 300 million gamers in August, and its upcoming airdrop has been touted as doubtlessly the “largest in crypto historical past.”

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