TON losses 18% over the weekend. Will it bounce back soon?

Key takeaways

• TON is down 18% over the weekend following Durov’s arrest.
• $0DOG officially begins trading on Gate.io and MEXC exchanges.

TON dips Below $6 following Telegram CEO’s arrest

TON, The Open Network’s native coin, is trading below $6 after losing 18% of its value over the weekend. The poor performance comes after Pavel Durov, Telegram’s founder and CEO, was arrested in France on Saturday. 

At press time, TON is trading at $5.64 and has dropped to the tenth place in the market. If the bearish trend continues, TON could drop below the $5.5 mark in the coming hours. However, Durov’s release could see the coin rally higher in the short term. 

What is Bitcoin Dogs?

The cryptocurrency market continues to churn out excellent projects that provide unique value propositions to investors and users. Bitcoin Dogs has joined this rank after raising over $13 million during its presale. 

Bitcoin Dogs is a new project leveraging the growth of the Bitcoin blockchain to become a leading coin. As the first BRC-20 token ICO on the Bitcoin network, Bitcoin Dogs adds another layer of utility to the blockchain. 

It combines the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture to build a solid project. 

After raising $13 million during its presale, Bitcoin Dogs is now trading on the Gate.io, Unisat, and MEXC cryptocurrency exchanges. The team is now focusing on rolling out its various products. 

Bitcoin Dogs is launching the biggest NFT mint on the Bitcoin network. The team seeks to make the Bitcoin network a leading smart contracts blockchain, similar to Ethereum, Solana, and BNBChain. 

$0DOG trades above $0.02

Bitcoin Dogs completed its presale and is now trading on three cryptocurrency exchanges. $0DOG has been listed on three Tier-1 crypto exchanges: Gate.io, Mexc, and Unisat.

Data obtained from MEXC showed that $0DOG is trading at $0.02181 per coin. Users can purchase $0DOG on MEXC and Gate.io. However, the only Bitcoin Dogs trading pair available currently is the 0DOG/USDT pair. The crypto exchanges could launch other $0DOG pairs as the project builds liquidity. 

Should you buy the Bitcoin Dogs token from the crypto exchanges?

If you are interested in investing in the Bitcoin Dogs project, you can only buy the tokens via the above-mentioned cryptocurrency exchanges. This could be an excellent opportunity for investors to purchase $0DOG before it lists on more centralised and decentralised cryptocurrency exchanges. 

Bitcoin Dogs could be a big winner in this bull run thanks to the project’s unique proposition to investors and users.

The post TON losses 18% over the weekend. Will it bounce back soon? appeared first on CoinJournal.