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In the ever-changing and opportunity-rich crypto market, meme coins have become a dominant force in the dynamic crypto market.
Recently, on the TRON-powered SunPump platform, the meme coin $SUNDOG has generated substantial returns, achieving returns as high as 6,000 times. As a partner of SunPump, HTX further amplifies the wealth effect of meme coins on the SunPump platform through its robust exchange ecosystem. This synergy between a DEX and a CEX sets a new standard for the development of Meme coins.
The Wealth Effect of SunPump
SunPump, a TRON-based launch and trading platform for meme coins, has quickly attracted investors. Recent industry data reveals that TRON now boasts 2.1 million daily active addresses, showcasing its exceptional performance and leadership in the industry. Moreover, the issuance of USDT on TRON surpassed $600 billion last month, further solidifying its role as a leading player in the market.
Unlike traditional crypto assets, meme coins usually lack complex technological backgrounds or real-world use cases. However, fueled by community support and popular culture, meme coins can experience a surge in value in a very short period. SunPump creates an ideal ecosystem for these meme coins to flourish by employing strategies like rapid listing and closely following hot trends.
Recently, the meme coin $SUNDOG on SunPump became a huge hit, soaring over 6,000 times in just three days.
The Success of $SUNDOG Empowers Some Investors with 6,000-Fold Returns
$SUNDOG, a meme coin on the SunPump platform, has experienced an astonishing 6,000-fold surge in a short period, driven by robust community support and market enthusiasm.
Data indicates that within three days of its launch, $SUNDOG’s market cap soared to $84.53 million, and its trading volume reached $5.44 million within just 24 hours. This highly volatile asset has created significant wealth opportunities for meme coin investors.
* Image courtesy of SunPump, screenshot taken on August 19 (UTC)
* Image courtesy of SunPump, screenshot taken on August 19 (UTC)
At present, $SUNDOG holds a market capitalization of more than $200 million. Its strong performance has demonstrated that meme coins are not just fleeting trends, but an essential element of the cryptocurrency ecosystem.
* Image courtesy of CoinMarketCap, screenshot taken on September 2 (UTC)
The astonishing price increase is attributed to the unique community-driven dynamics of meme coins. Early investors who secured such impressive returns did so by leveraging their keen market insights and technical tools to seize the opportunity.
A user shared the experience of “catching the golden dog”. While testing a newly created TRON trading bot at 6:30 AM (UTC+8), he stumbled upon the newly launched $SUNDOG. Driven by curiosity, he quickly checked the deployment address of $SUNDOG and became the first buyer by investing 200 $TRX. Unexpectedly, $SUNDOG skyrocketed, allowing him to seize this rare opportunity and become a successful early investor.
This user’s experience is as follows:
1. On-chain data shows that the user started with an initial purchase of 200 $TRX:
2. The user made the first sale of 229,305 $TRX.
3. The second sale was 217,206 TRX:
4. The third sale was 507,511 $TRX:
These stories highlight a crucial aspect of the crypto market, particularly within the meme coin sector: timing, technology, and courage are often the keys to financial success.
As meme culture evolves, projects like $SUNDOG are expected to emerge. Investors with sharp market insights and a willingness to take risks will be best positioned to profit on platforms like SunPump.
HTX Adds Fresh Momentum to SunPump with Seamless Integration of On-Chain Issuance and Exchange Asset Discovery
Following its debut, SunPump entered into a strategic partnership with the globally renowned exchange HTX.
Projects on SunPump that meet HTX’s listing criteria and sustain a trading volume above $10 million for three consecutive days or achieve a market cap of $30 million can be listed directly on the exchange and immediately benefit from the platform’s traffic.
Furthermore, the first governance collaboration between SunPump and HTX is now live. Users can vote for meme token projects to get listed on the HTX exchange by locking their $SUN tokens.
This collaboration not only streamlines the listing process but also facilitates seamless integration between CEX and DEX, breaking down the barriers between centralization and decentralization and injecting new life into market liquidity. The future of the meme coin market is poised for more innovation and breakthroughs.
After the meme coins get listed on HTX, they will receive a series of support measures, such as launching futures trading, introducing them in PrimePool, and more. These initiatives will democratize the token listing process, moving away from a system dominated by VCs and project teams and ultimately exploiting retail investors. Instead, this collaboration aims to usher in a new era where anyone can create and list tokens.
For $SUNDOG in particular, HTX has recently listed USDT-margined perpetual futures for $SUNDOG, allowing users to further participate in the market hype surrounding $SUNDOG. Meanwhile, the platform also provides a range of investment strategies to help users identify profit opportunities amidst market volatility. To provide extra benefits to platform users, HTX will distribute airdrop rewards worth $100,000 USDT in $SUNDOG. The success of meme coins largely depends on social communication and market sentiment. With its strong community foundation and market attention, $SUNDOG has already gained a significant advantage in this regard. With ongoing support from more trading platforms and continued community growth, $SUNDOG’s market performance is expected to heat up further in the future.
SunPump and HTX Team Up to Offer More Meme Coins with High Growth Potential
As the first meme token on the TRON network, $SUNDOG has demonstrated immense market potential. The robust performance of the TRON blockchain this year has established a solid base for $SUNDOG. TRON’s technology and market stability have not only enhanced investor confidence in its ecosystem but have also paved the way for the development of meme tokens like $SUNDOG. Positioned as a leading meme token on TRON, $SUNDOG is poised to stand out as one of the most prominent projects in the TRON ecosystem through its innovation and community support.
With the recent listing of $SUNDOG perpetual futures and the launch of an airdrop event, HTX is set to further expand the influence of $SUNDOG and draw in more investors.
Looking ahead, as the platform’s ecosystem continues evolving and more meme coins are introduced, blockbuster projects like $SUNDOG are anticipated to keep emerging. Astute investors will find SunPump an ideal platform for exploring emerging meme coin projects, where each new token listing could offer impressive growth potential. Therefore, keeping a close eye on new projects launching on SunPump could be the key to discovering the next big wealth opportunity.
