• DOGS launched on exchanges on Aug. 26, with on-chain claims open to thousands and thousands of Telegram and TON customers.
• Providers for crypto exchanges reminiscent of Binance and Bybit slowed.

Telegram Pockets introduced on Monday that the launch of TON-based meme coin Canine (DOGS) had many crypto exchanges experiencing disruption to their companies.

The announcement adopted related updates from Binance and Bybit, prime tier exchanges that listed the meme token for buying and selling on Aug. 26.

Telegram Pockets experiences disruption amid DOGS launch

DOGS token’s on-chain claims and buying and selling debut noticed the Telegram Pockets’s performance slowed as thousands and thousands of holders started claiming tokens.

“The $DOGS release has created quite a buzz! Several crypto exchanges, as well as Wallet (albeit partially), are running less smoothly than usual. Our exchange feature is temporarily unavailable, but don’t worry — we’re working hard to resolve this and get everything back to normal soon,” Pockets wrote.

Bybit additionally offered an replace noting resumption of regular service after a quick disruption.

🚨 Service Replace: We’re thrilled to announce that our app and internet platform are absolutely operational once more!

The non permanent disruption occurred attributable to an unprecedented surge in person exercise in the course of the $DOGS token itemizing.

We perceive how vital a easy buying and selling expertise is,…

— Bybit (@Bybit_Official) August 26, 2024

Earlier, Binance listed DOGS for buying and selling after including it to the Launchpool because the 57th undertaking. The trade added buying and selling pairs for USDT, BNB, FDUSD and TRY.

Binance later offered an replace noting that its improve of the TON community was taking longer than anticipated “due to unforeseen issues.”

Service Replace!

Our $TON community improve is taking longer than anticipated attributable to unexpected points. Relaxation assured, our workforce is working diligently to revive regular service as rapidly as attainable.

Thanks in your understanding!

— Binance (@binance) August 26, 2024

Delays noticed Binance droop deposit and withdrawal for TON – the Open Community token that plummeted after Telegram CEO Pavel Durov’s arrest in France.

DOGS traded round $0.001182, roughly 32% down on the day after debuting at $0.0018.

In the meantime, TON price was round $5.57, practically 3% down previously 24 hours and 18% within the pink over the previous week