TON Network Achieves Fantastic Achievements, DOGS and Pavel Durov Effect?

When this article was written, market DOGS to USDT   had increased by +3.11% so it was trading at $0.0010408. When compared to yesterday, DOGS did experience a price increase, but the DOGS RSI indicator line fell below 50, which means the selling trend is higher than the buying trend.

Is it True that Pavel Durov’s Arrest Affected TON Network?

Simultaneously with the launch of the DOGS token, the Pavel Durov incident shocked the crypto ecosystem, especially loyal Telegram users. This Telegram CEO was suddenly arrested while at Paris airport and this arrest caused the price of several tokens on the TON network to decrease.

Right around the time of Pavel Durov’s arrest on August 24, transactions on the TON network increased sharply. The average transaction reached a new record with 8.68 transactions a day on August 31.

This number surpassed the previous record on January 17 with 8.56 transactions in a day. And since Pavel Durov was appointed, transactions on the TON network have increased by 160%. To this day, the number of transactions on the TON Network continues to increase.

Impact of Increase in TON Network Transactions on TON Tokens

The fantastic increase in the TON network influences the price conditions of the TON token. When this article was written on September 12, price TON to USDT was $5.3863 with a gain of +2.25% in 24 hours. Previously, TON reached its highest price in 24 hours at $5.4487.