JAKARTA - The new Memecoin launched on the Tron (TRX) network, Sundog (SUNDOG), has succeeded in stealing public attention. Just a few days since its launch, Sundog has managed to achieve a market capitalization of 200 million US dollars (Rp 3.2 trillion) in line with the increasing popularity of the meme coin.
Sundog launched via the SunPump platform, the first memecoin platform on the Tron network. In the first week, the platform has attracted more than 10,000 users. Sundog, which launched on August 15, recorded a price increase of 141.99% in the last 24 hours, with current prices reaching 0.2045 US dollars (Rp3,272). Its trading volume also jumped 81% to 64 million US dollars (Rp1.02 trillion).
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The popularity of Sundog among large investors or whales is increasing. SUNDOG will be the first memecoin on Tron to reach a market capitalization of US$1 billion (Rp16 trillion). This token has been listed on several major exchanges such as HTX and MEXC, with the highest trading volume coming from HTX (US$26.9 million or Rp430.4 billion).
Seeing Sundog's success, Justin Sun, is optimistic about the future of the SunPump platform and other memecoins on the Tron network. Sun stated that the meme community on Tron plans to attract millions of new users, who will strengthen Tron's position in the global crypto market.
As a result, TRX tokens are now in the top 10 cryptocurrencies with the largest market cap, reaching 13 billion US dollars (Rp208 trillion). Tron continues to strengthen its position as a major player in the global crypto ecosystem.
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