CandleFocus Hip Hop Artist Ty Dolla $ign Drops $420K on Tron Meme Coin Sundog
2024-10-08
Author: Content Editor
Grammy-nominated rapper Ty Dolla $ign has invested approximately $502,000 in the meme coin Sundog ($SUNDOG) built on the TRON blockchain. The rapper expressed interest in memecoins in early October and was encouraged by boxer Ryan Garcia to bet on Sundog. Ty Dolla $ign followed through on October 8 with the purchase of 3.2 million TRX worth of Sundog. Sundog has gained popularity and seen a surge in market capitalization since its launch in August, supported by celebrity endorsements and community engagement. Ty Dolla $ign joins a growing list of hip-hop artists who have entered the cryptocurrency space. Meanwhile, billionaire Mark Cuban expressed skepticism about meme coins in a recent interview, treating them as speculative gambles for entertainment purposes.
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