On Binance, the TON icon has become a picture of this dog.
This REDO was born in January 24 and currently has a market value of 81 million US dollars, with a 24-hour increase of 148%.
Image: Resistance Dog
The dog’s name is Resistance Dog, which fits Telegram’s rebellious spirit. In addition, the founder of Telegram was recently arrested in France, which immediately gave the Resistance Dog symbolic significance. At present, it is very likely to become the MEME leader of the TON ecosystem, or even a symbol of the crypto industry’s advocacy of freedom of speech and resistance to censorship.
What is REDO?
REDO was drawn and named by Telegram founder Pavel Durov in 2018. Its full name is Resistance Dog, a dog wearing a hat.
According to X user ttty, REDO first appeared in the movement against Putin in Russia in 2009. On that day, Durov received an email from the Kremlin asking him to cooperate in closing Alexei Navalny's VK account and provide relevant account data.
Durov replied with a photo of a puppy with its tongue sticking out and wearing a blue sweatshirt. In case the other party didn't understand, he added: "This is my answer."
In 2014, civil unrest broke out in Ukraine, and Russian troops entered the Crimean Peninsula. After that, Crimea seceded from Ukraine and joined Russia through a referendum. One day, Durov received another email asking him to hand over the information of a Ukrainian politician.
Durov said this was a difficult situation. My mother is Ukrainian and my father is Russian - "these two countries are probably the two closest relatives in the big family of nations." - He didn't want to stand on either side.
So he replied with two more photos of puppies.
Since then, the image of a dog wearing a hat has become the spiritual totem of Telegram. In many subsequent tweets, Telegram officials have also interacted with the REDO resistance dog.
REDO has therefore been the (un)official mascot of Telegram’s vision of “resisting” censorship ever since.
What is TON ecosystem doing?
Durov was arrested in Paris on Saturday evening as part of a preliminary investigation into charges including terrorism, drug trafficking, fraud, money laundering and child abuse.
Durov was arrested because of the social software Telegram. After the incident, Telegram and the TON public chain ecosystem actively posted articles to support and save Durov. Musk also posted a message, and Sun Yuchen took out the ancestral $10 million...
Among them, one movement has attracted particular attention, called Digital Resistance, which was initiated by members of the TON Foundation and aims to maintain and defend personal freedom, privacy and information security through technical means.
In this movement, REDO, the TON ecosystem MEME coin, has received a lot of attention because of its symbolic significance and seems to have become the spiritual totem of the movement.
We can see that the profile picture of the official X account of the TON chain has been changed to an image of REDO. The top post of its X account also mentioned: It is recommended that the community change the profile picture to a resistance dog.
The modification of the profile picture started with TON’s community account, TON Society, which posted yesterday:
“Today, we stand in solidarity with Pavel Durov, the creator of Telegram. In support of Digital Resistance, we are updating the Toncoin logo and profile picture on the TON Community Channel to the global symbol of digital resistance – the Resistance Dog. Pavel Durov started this movement in his fight to preserve the privacy of Telegram users and protect free speech.”
The post, which reads like a battle cry, also suggests that participants change their profile pictures to resistance dogs.
The head of the TON community even @ Musk, suggesting that for those who change their avatars to REDO, speed up the blue check verification process on the X. "This is a movement with important cultural significance."
This should be a marketing strategy. Previously, Musk has expressed support for Durov and mentioned that freedom of speech is very important.
Currently, the image of TON on the Binance exchange has become this dog.
It is expected that the future trend of REDO is likely to be closely related to the entire movement.
At present, from the perspective of price, among the MEME coins related to Durov’s arrest, a MEME coin with a certain market value appeared in the TRON ecosystem, called FREEDUROV. After Sun Yuchen expressed his support, the token skyrocketed, but has now fallen back, with a market value of around 1M. In the TON ecosystem, there are also several MEME coins that have performed well, one of which has a market value of more than 2M, but the transaction is very low.
Trading volume may be a feature of TON ecosystem MEME coins. In comparison, investors may not be used to using TON's on-chain products. Currently, OKX's WEB3 wallet is one of the more convenient ways to recharge TON from DEX to TON chain, and it comes with DEX function.
It should be mentioned that DOGS will have its TGE on the 26th. As a TON ecosystem MEME coin, it also has a dog image and will definitely be affected by this incident.