SUNDOG Price Pump Over 400% This Month – Will It Hit $1 in 2024?
SUNDOG, a meme coin on the Tron network, has seen a sharp price surge this month, becoming the hottest meme coin on the blockchain. What fuels this rise?
Meme coins have become a popular investment choice in recent years. Following the success of DOGE, SHIB, and PEPE, crypto whales are now turning their attention to SUNDOG, a new meme coin on the Tron blockchain.
SUNDOG has surged with a 432% rise in one month and a 51% jump in the past week, drawing significant interest from investors and traders.
The influx of whale investments into SUNDOG has fueled its rapid price appreciation. Many are now speculating whether SUNDOG could reach the $1 mark soon. The coin’s strong momentum and whale activity suggest that it has the potential to continue its upward trajectory.
Justin Sun, the founder and CEO of Tron, is actively promoting SUNDOG, further boosting its visibility and credibility within the Tron community. This support from a prominent figure in the crypto industry strengthens SUNDOG’s position as a leading meme coin on the Tron network.
What is SUNDOG?
SUNDOG, a meme coin on the Tron blockchain, has gained significant traction since its launch. The project was introduced by Justin Sun, the creator of Tron, as part of his SunPump platform, which aims to promote fair meme coin launches.
SUNDOG has experienced rapid growth due to its rising liquidity on the Tron blockchain and support from Justin Sun’s Meme Ecosystem Boost Incentive Program. This program, which aims to prevent rug pulls and support emerging tokens, has boosted SUNDOG’s credibility.
SUNDOG’s unique selling point is its focus on humor, lightheartedness, and community engagement. The project has a capped maximum supply of 1 billion tokens, with 100% unlocked from day one. Additionally, SUNDOG has implemented a buyback and burn campaign to reduce the circulating supply.
SUNDOG’s ecosystem includes upcoming features like Sun dog treats, which are expected to add more utility to the token. The project is also listed on the Bybit exchange and has a significant market capitalization.
SUNDOG has gained popularity due to its strong community engagement, marketing efforts, and trending on CoinGecko and CoinMarketCap. The project’s developers have created a unique marketing campaign, including the SUNDOG Cosmic Run, to attract attention and build excitement.
SUNDOG price prediction
SUNDOG’s price surged above $0.37 in the early hours of September 13th, fueled by a large whale purchase of 3.52 million tokens. This caused a 27% price spike, pushing it from $0.305 to a high of $0.373.
Despite a slight pullback, SUNDOG is still up over 1% in the last 24 hours, trading around $0.34 6 with a trading volume of almost $200 million. This surge is attributed to a confluence of factors.
Whale activity, like the recent large buy, injects significant capital and boosts confidence. Additionally, aggressive listings on major exchanges like KuCoin, MEXC, Bybit, and Gate.io have increased SUNDOG’s visibility. Finally, the Meme Ecosystem Boost Incentive Program is further attracting investors.
However, the identity of the whale remains a mystery, with many users left wondering if the transaction was made by a real buyer or market maker or Justin Sun himself.
With this momentum, SUNDOG could be on its way to reaching $1 and becoming the top meme coin on the Tron network. Its market cap has already climbed to $360 million, and a continued upward trend could see it hit $1 billion soon.
Another meme coin that attracted a crypto whale: Pepe Unchained (PEPU)
Pepe Unchained (PEPU), one of the best crypto presales of 2024, has reached a major milestone by raising $13 million. Early investors still have a chance to buy $PEPU at the presale price of $0.0096897 per token.
Pepe Unchained’s success is largely due to big investments from whale investors. One whale invested $25,000 (10.8 Ethereum), and another put in $56,000 (23.4 Ethereum). With the presale still going, more whales might join in, possibly raising the project’s market cap further.
Pepe Unchained’s ‘Pepe Chain’ is a new Layer-2 solution built on Ethereum to address its speed and cost issues. Ethereum is often slow and expensive, handling only 15-20 transactions per second, especially when traffic is high.
Lucky number 13! 🎉 We’ve hit $13M! pic.twitter.com/8M3vBNzdie
— Pepe Unchained (@pepe_unchained) September 12, 2024
Pepe Chain aims to make transactions up to 100x faster and much cheaper while staying compatible with Ethereum’s ecosystem. This is great news for memecoin fans, as Pepe Chain makes memecoins more practical without losing their fun side.
It also includes an “instant bridging” feature that lets users quickly transfer assets between networks and a block explorer for easy transaction tracking—something no other memecoin has fully achieved yet.
Beyond fast transactions, Pepe Unchained rewards early supporters with a “double staking” feature. Early buyers can currently enjoy a high APY of 156%, although this rate will decrease as more people join the staking pool.
Over 1 billion $PEPU tokens are already staked, showing strong investor confidence, even before the official launch. The high APY will motivate investors to hold $PEPU longer, as staking rewards will be spread over two years.
Details about whether $PEPU’s initial exchange offering (IEO) will be on decentralized or centralized exchanges are still unclear, but with strong investor backing, it’s likely that top centralized exchanges are considering listing $PEPU.
The project has also passed smart contract audits by Coinsult and SolidProof, both of which found no issues, increasing its attractiveness to tier-one exchanges.
To participate in the $PEPU token presale, go to pepeunchained.com.
Related
- Pepe Unchained Presale Hits $12.8 Million Milestone as Whales Dominate Buying
- 10 Crypto That Could Make You Rich in 2024
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