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.
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.
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.
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.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: oak22studio/123RF // Image Effects by Colorcinch
The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…
The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…
The memecoin craze is evolving, and a new wave of contenders is rising. With fresh…
As Ethereum's value inches toward unprecedented heights, another digital asset is set to make a…
Meme coins are the wild cards of the crypto world—one day they're "to the moon,"…
As temperatures drop, the crypto market is heating up with anticipation. This winter could witness…