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Toncoin Trims Losses, Outperforms Bitcoin and Ether as TON Blockchain Resumes Operations

By FXCOINZ Editorial

28/08/2024

Toncoin (TON) bounced back from earlier losses as its blockchain resumed operations after a five-hour downtime. While most major cryptocurrencies saw significant declines, TON managed to outperform, showing resilience in the face of market volatility. The downtime was linked to the overwhelming response to the DOGS airdrop, part of a campaign by the Ton Foundation to highlight the arrest of Telegram CEO Pavel Durov.