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After TON changed its social avatar to Resistance Dog, the price of Resistance Dog ($REDO) surged by more than 150%.
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Telegram’s native blockchain project, The Open Network (TON), posted on X in support of Pavel Durov after he was arrested by French authorities over the weekend.
In a show of defiance, TON changed their logo and profile picture to the Resistance Dog on their official social channels.
It is a movement started by Durov himself to fight censorship and freedom through digital resistance, aiming to protect data privacy and ensure free speech for Telegram users.
Resistance Dog price surge over 150% in 24 hours
What is shocking is that the price of Resistance Dog has increased by more than 150% in the twenty hours since Pavel Durov was arrested, and the current price is $0.6939.
source：coinmarket
what is Resistance Dog？
Resistance Dog ($REDO), is a symbolic representation of the fight against censorship and freedom through digital resistance.
The token pays homage to the creation of Pavel Durov, founder of TON - The Open Network and Telegram.
Telegram responds to Pavel Durov incident
Telegram's founder, Pavel Durov, was arrested on 24th August at Paris–Le Bourget Airport. The arrest stemmed from an investigation by French authorities focusing on Telegram's alleged non-cooperation with law enforcement.
He faces allegations related to his platform's failure to moderate illegal activities, including terrorism, drug trafficking, and fraud.
The price of Telegram’s native token TON plunges 20%
Unlike Resistance Dog (REDO)’s surge, Telegram’s native token TON plunged 20% in price following the arrest of Pavel Durov，Nearly $3 billion in cryptocurrency market capitalization has been wiped out during this period.
Toncoin is down nearly 18% in the past seven days.
source：coinmarket
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