Toncoin

Resistance

Drops

Gains

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. 
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. 
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 Today, We stand with Pavel Durov – Creator of Telegram. In support of the <a href="https://twitter.com/hashtag/DigitalResistance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#DigitalResistance</a>, 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… <a href="https://t.co/Dle4dE5lGP" target="_blank">pic.twitter.com/Dle4dE5lGP</a>— TON Society 🆓 (@ton_society) <a href="https://twitter.com/ton_society/status/1827753299736674599?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">August 25, 2024</a>
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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. 
After this announcement, REDO’s value skyrocketed, jumping from $0.35 to over $0.85 before settling at $0.63, according to Dexscreener <a href="https://dexscreener.com/ton/eqbcwe_iobxa4mt3rbchil2s4-v4yqs3wudt1-dvzoceemgo" target="_blank" rel="noreferrer noopener nofollow">data</a>. The token’s market cap now stands at $65 million. 
<a href="https://www.cryptotimes.io/2024/08/25/telegram-ceo-durov-reportedly-arrested-in-france/" target="_blank" rel="noreferrer noopener">Durov’s arrest in France</a> 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. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/08/27/toncoin-price-drops-7-as-ceo-durov-faces-arrest-in-france/" target="_blank" rel="noreferrer noopener">Toncoin Price Drops 7% in 24 hours amid CEO Durov Faces’ Arrest in France</a> 
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‘Resistance Dog’ Meme Gains TON Devs’ Support, Surges 140%

The Crypto Times

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