Given the recent surge in the memecoin 'Resistance Dog' (REDO) following its adoption as the official avatar for Toncoin, there's a lot of excitement in the market. The association with the "DigitalResistance" movement and the symbolic support for Pavel Durov has undoubtedly fueled this rally. Despite the 140% surge and REDO’s current visibility, I believe it's unlikely that REDO will reach the 0.8 mark before August 31st.

Here's why: while the initial spike to 0.85 was impressive, it was largely driven by an emotional response from the crypto community rallying around Durov’s arrest. But now that REDO has retraced to 0.65, it seems more like the token is settling into a more stable trading range. In my experience, such emotionally driven rallies often lose momentum once the initial wave of support subsides, especially as market participants reassess the fundamentals.