{"id":27794,"date":"2024-08-27T18:00:45","date_gmt":"2024-08-27T15:00:45","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27794"},"modified":"2024-08-27T12:17:35","modified_gmt":"2024-08-27T09:17:35","slug":"resistance-dog-boosts-toncoin-by-140-amid-durov-arrest","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/resistance-dog-boosts-toncoin-by-140-amid-durov-arrest\/","title":{"rendered":"Resistance Dog Boosts Toncoin by 140% Amid Durov Arrest"},"content":{"rendered":"

Originally chosen as the official avatar for Toncoin via several community channels, the memecoin “Resistance Dog” (REDO),<\/strong> the biggest memecoin on the Ton blockchain, witnessed a market surge of over 140%.<\/p>\n

Ton creators launched this more broadly as a memecoin avatar adoption project in line with what it refers to as the “DigitalResistance<\/strong>” campaign. This avatar substitutes a white cartoon dog with a hood for the former Ton blockchain logo.<\/p>\n

The central developers reported using the “Resistance Dog<\/strong>” avatar on their X account and main Telegram channel. The action followed the detention in France over the weekend of Pavel Durov, the creator of Telegram and a major player in the Ton blockchain.<\/p>\n

On Monday, the team said, “In support of DigitalResistance<\/strong>, we are updating Toncoin’s logo and profile pictures across TON Community channels to the global symbol of Digital Resistance<\/strong>\u2014tthe Resistance Dog<\/strong>.”<\/em><\/p>\n

From $0.35 to almost $0.85 before settling back to $0.63 at the time of writing, the token jumped more than 140% on Monday following the news. Right now, the market capitalization of the coin is $65 million.<\/p>\n

According to a Tribunal Judiciaire de Paris announcement, Durov was taken into police detention in France last Saturday under a cybercrime investigation alleging service and tool provision. Previous investigations have revealed Telegram’s poor cooperation on content moderation concerns with law enforcement.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a> and update.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Originally chosen as the official avatar for Toncoin via several community channels, the memecoin “Resistance Dog” (REDO), the biggest memecoin on the Ton blockchain, witnessed a market surge of over 140%. Ton creators launched this more broadly as a memecoin avatar adoption project in line with what it refers to as the “DigitalResistance” campaign. This<\/p>\n","protected":false},"author":6,"featured_media":27799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8206,5512,8208,8207],"class_list":["post-27794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-digitalresistance","tag-pavel-durov","tag-redo","tag-resistance-dog"],"yoast_head":"\nResistance Dog Boosts Toncoin by 140% Amid Durov Arrest - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/resistance-dog-boosts-toncoin-by-140-amid-durov-arrest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Resistance Dog Boosts Toncoin by 140% Amid Durov Arrest - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Originally chosen as the official avatar for Toncoin via several community channels, the memecoin “Resistance Dog” (REDO), the biggest memecoin on the Ton blockchain, witnessed a market surge of over 140%. Ton creators launched this more broadly as a memecoin avatar adoption project in line with what it refers to as the “DigitalResistance” campaign. 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