Krutika Adani
Between August 28 and 29, the TON blockchain suffered a massive outage for nearly six hours.
This was the second outage in 36 hours, both caused due to the DOGS memecoin.
On both the occasions, DOGS users flooded the blockchain, causing TON’s website to crash. DOGS is a recently launched memecoin on the TON blockchain.
Surprisingly, the outages occurred around Pavel Durov's arrest, and the TON chain was good to go as soon as Durov came out of jail.
On an intraday basis, Toncoin saw a 2% growth to $5.6 after the community received the news of Durov’s release and TON’s recovery.