In the wake of Pavel Durov’s arrest, $REDO has emerged as a dark horse, skyrocketing from a modest $23 million market capitalization to a staggering $90 million.

This explosive growth positions $REDO as a top contender among MEME coins on the Ton ecosystem.

The catalyst for this surge was the unexpected logo change of @ton_blockchain to @redotoken, which triggered a remarkable 200% price increase. One savvy trader capitalized on this momentum, selling 881K $REDO tokens for a profit of 107,275 $SOL ($606K), a staggering 12x return.

Whale Goes On To Record Other Notable Gains

This trader’s winning streak didn’t stop there, with notable gains on $TINU (5,207 $TON, 35x return) and $PLANE (3,118 $TON, 62x return). Their portfolio showcased an impressive 54.5% win rate across 11 MEME coins, amassing a total profit of 115,387 $TON ($652K).

As $REDO’s popularity soars, top centralized exchanges (CEXs) like Mexc, Gate, and Kucoin have taken notice, announcing spot listings for the token. This increased exposure is likely to further fuel $REDO’s growth, solidifying its position as a leading MEME coin on the Ton ecosystem.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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