💀 There’s no such thing as bad publicity

⚫️ Pavel Durov was charged in Russia today with facilitating terrorist activity. The news can hardly be called a surprise: back in April, Pavel himself said that a summons addressed to “suspect P. V. Durov” had been delivered to his former address in Russia.

⚫️ The case is unlikely to cause Durov any immediate trouble. He lives in the UAE and holds Emirati citizenship, while the country’s constitution prohibits the extradition of its own citizens. For now, this looks like another chapter in his long-running conflict with the Russian authorities.

⚫️ TON’s memecoin market, meanwhile, reacted almost instantly. Within hours, several tokens appeared, all trying to capitalize on the criminal case against Pavel Durov. As a reminder, x1000.finance is the most convenient place to track new launches and trade memecoins on TON.

⚫️ Whether any of these tokens will gain real traction and stick around remains to be seen. Memecoins can pump within minutes and disappear just as quickly, so remember to DYOR before buying. We previously explained how to spot promising memecoins before it is too late in a separate post.

@thedailyton