$SUNDOG, the top meme coin on the Tron network, has been on a meteoric rise over the past few weeks.
Following its perpetual listing on Bybit on August 26th, the token surged to a new all-time high, reaching a market cap of $330 million.
This impressive growth highlights the strong demand for $SUNDOG, especially from Tier 1 centralized exchanges (CEXs).
$SUNDOG, the leading meme on Tron, has been on an absolute tear over the past few weeks.
After Bybit announced the perpetual listing of $SUNDOG on August 26th, it hit a new all-time high of 330M market cap.
On the 11th of September, Bybit announced the spot listing of… pic.twitter.com/jM2ZLpXtbV
— 0xMorpheus (Pre Rich Arc) (@0xMorpheusXBT) September 13, 2024
$SUNDOG Spot Listing On Bybit Sparks Further Increase
On September 11th, Bybit announced the spot listing of $SUNDOG, further fueling interest in the token. The immediate response to this announcement was clear: investors and traders alike are eager to get in on the action. The very next day, a notable whale made a big move, injecting $2 million into $SUNDOG. This whale withdrew 13.07 million $TRX (worth $2 million) from Binance and swiftly purchased 3.52 million $SUNDOG in a single transaction.
A whale withdrew 13.07M $TRX($2M) from #Binance and bought 3.52M $SUNDOG in one transaction just now!https://t.co/XP5whshQPU pic.twitter.com/WggzVWxDz9
— Lookonchain (@lookonchain) September 12, 2024
This significant investment underscores the growing confidence in $SUNDOG among major players in the market. The combination of high-profile exchange listings and substantial whale activity has solidified $SUNDOG’s position as a leading player on the Tron network.
As $SUNDOG continues to capture attention with its rising market cap and growing trading volume, its presence on platforms like Bybit and the involvement of TRX whales suggest that the token’s upward trajectory is far from over. Investors are closely watching this meme coin as it climbs higher in the rankings, with more potential growth on the horizon. With strong support from both exchanges and high-profile investors, $SUNDOG is quickly becoming a key asset in the memecoin space.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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