{"id":16427,"date":"2024-08-27T14:10:10","date_gmt":"2024-08-27T11:10:10","guid":{"rendered":"https:\/\/forklog.com\/en\/redo-meme-coin-surges-140-following-ton-developers-decision\/"},"modified":"2024-08-27T14:10:10","modified_gmt":"2024-08-27T11:10:10","slug":"redo-meme-coin-surges-140-following-ton-developers-decision","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/redo-meme-coin-surges-140-following-ton-developers-decision\/","title":{"rendered":"REDO Meme Coin Surges 140% Following TON Developers&#8217; Decision"},"content":{"rendered":"<p>The TON blockchain team has changed the logo in its community channels to the avatar of the meme token <span data-descr=\"Resistance Dog\" class=\"old_tooltip\">Resistance Dog<\/span> (REDO). The coin&#8217;s value soared by 140%.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Today, We stand with Pavel Durov \u2014 Creator of Telegram.<\/p>\n<p>In support of the <a href=\"https:\/\/twitter.com\/hashtag\/DigitalResistance?src=hash&#038;ref_src=twsrc%5Etfw\">#DigitalResistance<\/a>, we are updating Toncoin\u2019s logo and profile pictures across TON Community channels to the global symbol of Digital Resistance \u2014 the Resistance Dog. Pavel Durov started this movement\u2026 <a href=\"https:\/\/t.co\/Dle4dE5lGP\">pic.twitter.com\/Dle4dE5lGP<\/a><\/p>\n<p>\u2014 TON Society ? (@ton_society) <a href=\"https:\/\/twitter.com\/ton_society\/status\/1827753299736674599?ref_src=twsrc%5Etfw\">August 25, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The developers took this step as part of the <span data-descr=\"Digital Resistance\" class=\"old_tooltip\">Digital Resistance<\/span> initiative and in support of Telegram founder Pavel Durov, who was detained in France on Saturday.<\/p>\n<p>Following the announcement, REDO&#8217;s price jumped from $0.35 to over $0.85 \u2014 an increase of more than 140%. At the time of writing, the asset&#8217;s price had corrected to $0.65.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"747\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6-1024x747.png\" alt=\"chart-1-6\" class=\"wp-image-239733\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6-1024x747.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6-300x219.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6-768x561.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6-1536x1121.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-6.png 1644w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/resistance-dog\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The token&#8217;s market capitalization stands at approximately $65.2 million. The coin is trading nearly 53% below its all-time high of $1.38, recorded in July.<\/p>\n<p>French authorities explained that Durov was detained as part of an investigation opened on July 8 concerning an &#8220;unnamed executive&#8221; of Telegram. The list of alleged crimes includes 12 counts.<\/p>\n<p>The crypto community has actively rallied in defense of the messenger&#8217;s founder.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TON blockchain team has changed the logo in its community channels to the avatar of the meme token Resistance Dog (REDO). The coin&#8217;s value soared by 140%. Today, We stand with Pavel Durov \u2014 Creator of Telegram. In support of the #DigitalResistance, we are updating Toncoin\u2019s logo and profile pictures across TON Community channels [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1161,1423,1364],"class_list":["post-16427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-memes","tag-pavel-durov","tag-the-open-network"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16427"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16426"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}