The justrecently introduced Tron-based SUNDOG (SUNDOG) has began drawingin huge whales, resulting in a substantial cost rally. Following the opening bell of the U.S. stock market a crypto whale withdrew a considerable 13.07 million TRX tokens, worth $2 million from Binance and acquired a enormous 3.52 million SUNDOGE meme coin in a single deal, as reported by the on-chain analytic company Lookonchain.
SUNDOG Price Skyrockets Following Whale $2M Investment
Following this noteworthy financialinvestment, the meme coin’s rate skyrocketed by 27%, from $0.305 to $0.373. At press time, SUNDOG is trading near the $0.362 level and has knowledgeable a rate rise of over 20% in the last 24 hours. Meanwhile, its trading volume has increased by 60% throughout the verysame duration, showing greater involvement from traders and financiers as whale interest in this meme coin grows.
With its remarkable efficiency, SUNDOG’s market cap hasactually increased to $360 million. With continued financialinvestment from whales and other financiers, it might quickly reach a market cap of $1 billion. Additionally, it hasactually endedupbeing Tron’s greatest flagship meme coin in terms of market capitalization.