CandleFocus

SUNDOG jumps 25% as whale buys $2m worth of meme coin

The price of Sundog, a meme coin on the Tron network, surged after a whale purchased $2 million worth of the token. The whale withdrew 13.07 million Tron from Binance and acquired 3.52 million Sundog in one transaction. Following the purchase, the price of Sundog rose sharply to $0.35, representing a 25% gain in 24 hours. The meme coin's market cap also increased to over $350 million, with daily volume surpassing $198 million. Sundog, which launched less than a month ago, has gained 770% since its low of $0.039. Its popularity is attributed to its launchpad's unveiling, which garnered hype from crypto enthusiasts. Additionally, Sundog has been aggressively listed on major exchanges.

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