On 26 August, trading in the DOGS token launched on the TON blockchain network started.
The token debuted on most major crypto exchanges at a price of $0.0012 and a capitalisation of over $600 million.
Cumulative trading volume in the first hour after listing totalled $420 million.
This is the second token on the TON blockchain after Notcoin, around which there was a significant excitement.

The Dogs app appeared in Telegram in early July.
Its essence was to accrue tokens of the same name depending on the date of account registration in the messenger and for inviting new users through the referral system.
So, for the maximum possible ‘age’ of the account in 11 years, you could get about 10 thousand tokens.
The creators of Dogs immediately announced plans to launch the token and its listing on cryptocurrency exchanges.

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According to BlockBeats, on August 26, Hong Kong Legislative Council member Ng Kit Chuang published an article in Ta Kung Pao, suggesting that Hong Kong authorities should adopt a three-pronged strategy to advance the development of the digital economy. The proposed strategy, termed 'Three Arrows,' aims to address external, middle, and internal aspects of digital economic growth.

The first aspect, external expansion, focuses on actively promoting cross-border integration and development. This includes establishing new mechanisms for cross-regional and cross-industry collaboration, and working with mainland industries to advance international cooperation in digital trade, finance, and cross-border e-commerce.

The second aspect, self-reliance in innovation and technology, emphasizes the need for early consideration of legislation and policy formulation for digital economic activities. It also highlights the importance of enhancing digital thinking among civil servants, encouraging enterprises to actively participate in digital transformation, and aligning with international digital economy scenarios.

The third aspect, internal fraud prevention, involves increasing investigation and law enforcement efforts, strengthening public education on preventing technological crimes, and offering courses on AI ethics.

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SunPump, a memcoin creation platform launched just 11 days ago on the Tron blockchain, has become a worthy competitor to the similar pump_fun platform on the Solana network.

According to the Dune Analytics service, since its launch on August 9, SunPump's total revenue has amounted to about 7 million TRX (more than $1.1 million).
Users of the platform have generated more than 18,404 meme tokens, sparking a revival in the Tron blockchain.

The most popular memcoin on the network was SUNWUKONG, which was created on SunPump on August 13. Over the past 24 hours, the asset has risen more than 20,462%. Its market capitalization exceeded $12 million.

While some experts doubt the long-term prospects of meme cryptocurrency, Tron founder Justin Sun said this type of asset could be a good alternative to overvalued projects.

The developers of SunPump have almost completely replicated the functions of pump_fun.
For this reason, anyone can create memcoins in the Tron network - it is enough to pay 20 TRX and a trading commission of 1% to keep the service running.

The main advantage of SunPump over pump fun is its strategic partnership with the Poloniex cryptocurrency exchange.
It lists projects with a daily trading volume of $1 million for three consecutive days.

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