Crypto

‘Resistance Dog’ Meme Gains TON Devs’ Support, Surges 140%

The memecoin ‘Resistance Dog’ (REDO), one of the largest memecoins on the Ton blockchain, experienced a remarkable rally, soaring over 140% after developers selected it as the official avatar for Toncoin across community platforms.‘Resistance Dog’ Meme Gains TON Devs’ Support, Surges 140%

This change is part of a broader initiative by Ton developers, aligning the memecoin’s avatar with the “DigitalResistance” movement. The new avatar features a white cartoon dog wearing a hood, replacing the previous Ton blockchain logo.

The Ton core developers announced the adoption of the ‘Resistance Dog’ avatar on official channels, including Telegram and X (formerly Twitter). This decision followed the arrest of Pavel Durov, Telegram’s founder and a significant figure in the Ton blockchain, in France over the weekend.

The memecoin ‘Resistance Dog’ (REDO), one of the largest memecoins on the Ton blockchain, experienced a remarkable rally, soaring over 140% after developers selected it as the official avatar for Toncoin across community platforms.

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This change is part of a broader initiative by Ton developers, aligning the memecoin’s avatar with the “DigitalResistance” movement. The new avatar features a white cartoon dog wearing a hood, replacing the previous Ton blockchain logo.

The Ton core developers announced the adoption of the ‘Resistance Dog’ avatar on official channels, including Telegram and X (formerly Twitter). This decision followed the arrest of Pavel Durov, Telegram’s founder and a significant figure in the Ton blockchain, in France over the weekend.

Today, We stand with Pavel Durov – Creator of Telegram.

In support of the #DigitalResistance, we are updating Toncoin’s logo and profile pictures across TON Community channels to the global symbol of Digital Resistance — the Resistance Dog. Pavel Durov started this movement… pic.twitter.com/Dle4dE5lGP

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“In support of DigitalResistance, we are updating Toncoin’s logo and profile pictures across TON Community channels to the global symbol of Digital Resistance — the Resistance Dog,” the development team stated on Monday.‘Resistance Dog’ Meme Gains TON Devs’ Support, Surges 140%

After this announcement, REDO’s value skyrocketed, jumping from $0.35 to over $0.85 before settling at $0.63, according to Dexscreener data. The token’s market cap now stands at $65 million.

Durov’s arrest in France is connected to a cybercrime investigation, with accusations related to providing services and tools, as per a statement from the Tribunal Judiciaire de Paris. Previous reports have criticized Telegram for insufficient cooperation with law enforcement on content moderation.

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