Sundog, a meme coin on Tron, has seen its worth spike sharply after a whale scooped up $2 million price of the token.
Based on Lookonchain, on Sept. 12, a whale bought the native Tron (TRX) token and used the funds to purchase the surging meme coin. Per the analytics platform, the whale withdrew 13.07 million TRX price $2 million from Binance and, in a single swoop, acquired 3.52 million Sundog (SUNDOG).
A whale withdrew 13.07M $TRX($2M) from #Binance and purchased 3.52M $SUNDOG in a single transaction simply now!https://t.co/XP5whshQPU pic.twitter.com/WggzVWxDz9
— Lookonchain (@lookonchain) September 12, 2024
SUNDOG worth spikes sharply
The value of the SUNDOG token surged following the transaction, rising sharply from lows of $0.30 to $0.35. Total 24-hour positive factors for the token stood at 25% on the time of writing. The token was slightly below its new all-time excessive as its worth exploded.
Amid the value surge, the meme coin’s market cap elevated to greater than $350 million. In the meantime, day by day quantity was up 32%, surpassing $198 million.
SUNDOG is presently Tron’s prime meme coin by market capitalization. It launched lower than a month in the past—on Aug. 15—and has seen staggering positive factors of 770% from lows of $0.039 on Aug. 16.
Learn extra: Dealer misses out on $2m SUNDOG revenue
Exchanges checklist SUNDOG
Justin Solar and SunPump’s launch and the hype that adopted the meme coin launchpad’s unveiling is vital to Sundog’s traction.
Sundog has additionally been aggressively listed on main exchanges, together with MEXC, Bybit, Gate.io, and KuCoin. Previously 24 hours, SUNDOG was additionally added to the Philippines’ largest crypto change Cash.ph, in addition to HTX and buying and selling app RabbitX.
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