Resistance Dog Memecoin Surges After Ton Blockchain Adoption
The memecoin ‘Resistance Dog’ (REDO), the largest memecoin on the Ton blockchain, recorded a market rally, rising over 140% after developers chose it as the official avatar for Toncoin across various community channels.
This move is part of a broader initiative by Ton developers to align with the “DigitalResistance” movement. The avatar features a white cartoon dog with a hood, replacing the previous Ton blockchain logo.
The core developers adopted the ‘Resistance Dog’ avatar on platforms like the official Telegram channel and X account. This decision followed the arrest of Pavel Durov, the founder of Telegram and a key figure in the Ton blockchain, in France over the weekend.
“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 team announced on Monday.
Ton’s Avatar Changed to Resistance Dog
Following the announcement, the token surged over 140% on Monday, increasing from $0.35 to over $0.85, before settling back to $0.65 at the time of writing, according to Dexscreener data. The token’s market cap currently stands at $65 million.
Durov was placed into police custody in France last Saturday during a cybercrime probe involving accusations of providing services and tools, according to a Tribunal Judiciaire de Paris statement. Previous reports have indicated Telegram’s inadequate collaboration with law enforcement on content moderation issues.
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