TON-Based Shiba Inu (SHIB) Rival Listed on Major US Exchange

TON

The amount of Ethereum (ETH) supply held on global centralised exchanges dropped to its lowest point in the asset’s existence. According to Glassnode statistics, as of late August 2024, just 9.75% of Ethers (ETH) are located on CEXes.

One of the top exchanges supported by the United States, Crypto.com, has announced that the DOGS (DOGS) cryptocurrency is now listed.

Users will be able to buy it using a variety of fiat currencies, including the euro, US dollars (USDT), and other currencies.

The Open Network (TON)-powered meme coin startup is modelled around Pavel Durov, the founder of Telegram, and his dog, Spotty.

Notably, the cryptocurrency includes a Telegram bot of its own that lets users earn tokens by doing different tasks (such adding friends or following social media accounts). Premium members and devoted users can anticipate receiving extra tokens.

The amount of Ethereum (ETH) supply held on global centralised exchanges dropped to its lowest point in the asset’s existence. According to Glassnode statistics, as of late August 2024, just 9.75% of Ethers (ETH) are located on CEXes.

By launching the DOGS token on its Launchpod platform last week, Binance brought the token one step closer to the general public.

The exchange stated earlier today that there are “unforeseen issues” causing the TONNE network upgrade to take longer than anticipated. As a result, deposit and withdrawal services have been paused.

Due to the release of DOGS, Telegram Wallet has issued a warning that some exchanges are having performance problems. Its exchange feature has been temporarily turned off as a result. “Our exchange feature is temporarily unavailable, but don’t worry — we’re working hard to resolve this and get everything back to normal soon,” the release stated.

TON ecosystem takes hit

The amount of Ethereum (ETH) supply held on global centralised exchanges dropped to its lowest point in the asset’s existence. According to Glassnode statistics, as of late August 2024, just 9.75% of Ethers (ETH) are located on CEXes.

Following Durov’s arrest last week, the price of TONNE, the native token of the network with the same name, dropped by double digits.

Despite this, with a market valuation of over $14.1 billion, it is still the eleventh-largest cryptocurrency.

In a recent investigation, Fortune said that the widely used social networking app is filled with “everything illegal.”

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