Recent days have seen significant events in the crypto market: DigiHorse is nearing the end of its second presale stage, while The Open Network (TON) and Chainlink face serious challenges.
TON Network Challenges
The Open Network (TON) experienced two significant outages this week. Over 36 hours, the network was offline for more than 12 hours due to a surge in transactions linked to the DOGS meme coin airdrop. Despite coordinated efforts by TON developers to restore functionality, network stability has been questioned. The outage was triggered by the DOGS coin airdrop, which garnered significant attention from the crypto community. Additionally, Telegram founder Pavel Durov was arrested by French authorities, adding to the uncertainty.
Chainlink Faces Resistance
On August 26, Chainlink (LINK) saw a brief price spike to $12.55 but quickly encountered resistance and fell to $11.25. Over the past month, LINK has declined by 17%, with technical analysis showing a symmetrical triangle pattern. Although bulls defended the $9.95 support level, LINK faces obstacles in achieving a sustained uptrend.
DigiHorse Presale Success
DigiHorse continues to gain momentum, completing its second presale stage with a token price of $0.006256. The project attracts investors with innovative features in the GameFi space, such as AI-powered NFT skins and equipment. Players can participate in events to earn NFTs and DIGI tokens, creating a dynamic economy and promising prospects for DigiHorse.
While DigiHorse moves confidently forward, The Open Network and Chainlink face challenges, highlighting the importance of resilience and adaptability in the crypto sector.
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