$SUNDOG Makes Historical past On TRON, Smashes $1B Market Cap With Huge Buying and selling Quantity
This week, $SUNDOG made headlines by turning into the primary meme token on the TRON community to surpass a $1 billion market cap, solidifying its place within the meme token world.
$SUNDOG formally turns into the primary meme on TRON to hit $1B with a $2M quantity injection.
Have a look at this chart and inform me you keep in mind the way it performed out with $WIF.
Tx – https://t.co/OIl9iththq
Few 🌞 pic.twitter.com/tc6yGvqzi2
— Brill (@thenameisbrill) September 12, 2024
With over $20 million in buying and selling quantity in simply 24 hours, $SUNDOG’s spectacular rise has captured the eye of buyers and the broader crypto group.
$SUNDOG simply made historical past on TRON….🌞🐶
Smashing $1B Marketcap with over $20M quantity in 24 hours.
Take a look at this chart and see if it sparks reminiscences of $WIF 🤫
Tx – https://t.co/MZP73YGunR
That is just the start. pic.twitter.com/dFyOb3Vofm
— P0TENS (@C_POTENS) September 12, 2024
What propelled $SUNDOG to this milestone was a big injection of capital, with on-chain knowledge from Lookonchain revealing {that a} whale made a $2 million buy in a single transaction. Shortly after, one other whale adopted go well with, spending $500,000 to purchase 1.16 million $SUNDOG in a single go. These huge purchases helped push the token’s market cap previous the historic $1 billion mark.
After this whale spent $2M to purchase $SUNDOG in a single transaction, one other whale spent $500K to purchase 1.16M $SUNDOG in a single transaction. pic.twitter.com/UjU433UlZS
— Lookonchain (@lookonchain) September 14, 2024
$SUNDOG Now Ranks Amongst Prime 5 Memecoins Globally
On account of this surge, $SUNDOG now ranks within the high 5 meme tokens globally by way of buying and selling quantity. It is a main achievement not just for the token but in addition for the TRON community, which has seen a rising variety of meme tokens emerge in latest months.
$SUNDOG IS IN THE TOP 5 VOLUME WORLD WIDE IN MEMES
The remaining CEXs are absolutely drooling on the mouth to listing… and imo each cex needs a bit of the pie.
SEND 🌞🐶 pic.twitter.com/NZWAW3yyhH
— 🧠 investor (@moneymancalls) September 14, 2024
The fast rise of $SUNDOG highlights the rising enchantment of meme tokens, even on networks like TRON, that are historically extra targeted on decentralized functions and DeFi tasks. The token’s momentum reveals no indicators of slowing down, as buyers proceed to pour important capital into the market.
With $SUNDOG now firmly within the highlight, it will likely be fascinating to see whether or not it may keep its place as a high contender within the world meme token enviornment or if different challengers will emerge.
Disclosure: This isn’t buying and selling or funding recommendation. At all times do your analysis earlier than shopping for any cryptocurrency or investing in any companies.
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Picture Supply: remakeme/123RF // Picture Results by Colorcinch
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