2024-08-21
The cryptocurrency Sundog (SUNDOG) has
been making headlines recently surging 292% over the last 7 days.
The Sundog meme coin is a recent
entrant in the cryptocurrency market, launched on August 15, 2024, as part of
Justin Sun's SunPump platform on the Tron blockchain.
Technical indicators suggest a strong
bullish trend, as the Sundog token has been overcoming resistance levels and
pushing the upper band of its Bollinger bands further up.
It quickly gained traction, reaching a market cap of $262 million as of August 21, 2024
Sundog has rallied strongly since its
launch, attracting over 12,000 holders.
The token has seen significant interest
from investors, especially "whales," and is positioned to be a major
player in the Tron ecosystem's meme coin sector.
Tron (TRX) has decoupled from the
general market downturn, with its 7 days price spiking by 24%. This rise is partly
linked to the performance of meme coins like Sundog.
Sundog is available on centralized exchanges, with Bitget being one of the most active trading platforms for the SUNDOG/USDT pair. It available for trading on HTX and Polyniex as well.