Celebrity musician Ty Dolla Sign made headlines in the crypto world after spending 3.2 million $TRX (equivalent to $502K) to purchase 1.66 million $SUNDOG tokens in a single transaction.
However, things took an unexpected turn when the artist accidentally sent his entire 1.66 million $SUNDOG (worth $409K) to the contract address, effectively burning the tokens and losing his entire bag.
Big celebrity(@tydollasign) spent 3.2M $TRX($502K) to buy 1.66M $SUNDOG in one transaction 3 hours ago!https://t.co/BeAP0Jm6Pr pic.twitter.com/UIXtq1keBJ
— Lookonchain (@lookonchain) October 8, 2024
Fortunately, crypto mogul Justin Sun quickly stepped in to help out. In a generous move, Sun sent Ty Dolla Sign 3.2 million $TRX (valued at $500K), allowing the celebrity to repurchase 1.64 million $SUNDOG tokens.
This act not only helped Ty recover from the mistake but also further cemented Sun’s reputation for engaging with and supporting high-profile crypto investors.
Celebrity @tydollasign accidentally transferred 1.66M $SUNDOG(worth $409K) to the contract address, effectively burning his bag of 1.66M $SUNDOG($409K)!
Luckily, #JustinSun sent him 3.2M $TRX(worth $500K), allowing him to buy back 1.64M $SUNDOG again!https://t.co/C2tnSsDDku pic.twitter.com/6h7oQITd0A
— Lookonchain (@lookonchain) October 8, 2024
$1 Million Worth Of $SUNDOG Bought By These Two Whales
Over the last 24 hours, Ty Dolla Sign and Justin Sun have collectively purchased $1 million worth of $SUNDOG, signaling their strong confidence in the token. Despite the initial mishap, Ty Dolla Sign’s commitment to re-enter the market suggests that both he and Sun believe in the long-term potential of $SUNDOG.
TyDollaSign and Justin Sun have bought $1,000,000 worth of $SUNDOG in the last 24 hours.
Memecoins are the NFTs of this cycle, wake up, get involved, make some money.
Generational wealth for those who pay attention to the game, generational shame for those who refuse to adapt.… https://t.co/4d6s1ROzYS pic.twitter.com/LzI7eyuPKv
— dubzy (@dubzyxbt) October 8, 2024
This incident highlights the often unpredictable nature of crypto trading, even for celebrities. But thanks to the quick intervention from Justin Sun, Ty Dolla Sign has been able to regain his position in the market. The story has also brought increased attention to $SUNDOG, potentially boosting interest and demand for the token.
For crypto enthusiasts and fans alike, this moment serves as a reminder of the growing influence of digital assets in the world of celebrities, and how even a costly mistake can be turned around with the right connections.
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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