SUNDOG

Arkham

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<p class="is-style-lead">The recent surge in Sundog token’s price has left one trader likely regretting their decision to sell too soon.</p> 
<p>According to blockchain security and intelligence platform Arkham, the trader initially invested $65 in SUNDOG (<a href="https://crypto.news/price/sundog-2/">SUNDOG</a>) as the meme coin launched on the SunPump platform. However, just 20 minutes into the token’s market debut, the trader sold their holdings for a profit of $495.</p> 
<p>In a <a href="https://x.com/ArkhamIntel/status/1828092048806707690" target="_blank" rel="">post on X</a> on Aug. 26, Arkham discussed the missed opportunity, notin how a $65 investment turned into $495 profit within 20 minutes. But, it could have grown to a $2 million profit if held for several days. </p> 
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   <p lang="en" dir="ltr">Imagine being this guy<br><br>Trader TDi bought $65 of SUNDOG as it launched on SunPump – and flipped it in 20 minutes for a $495 profit.<br><br>If he held for 4 days, his SUNDOG would’ve been worth $2 Million. <a href="https://t.co/Cr6ayHo3ky" target="_blank" rel="">pic.twitter.com/Cr6ayHo3ky</a></p>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1828092048806707690?ref_src=twsrc%5Etfw" target="_blank" rel="">August 26, 2024</a>
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<h2 class="wp-block-heading" id="sundog-token-soared">Sundog token soared</h2> 
<p>Sundog’s price was around $0.043 on Aug. 18 but surged amid the hype surrounding SunPump and TRON (<a href="https://crypto.news/price/tron/">TRX</a>), reaching an all-time high of $0.3511 on Aug. 26.</p> 
<p>While profit taking has trimmed some of the gains, SUNDOG remains more than 180% up this past week and nearly 350% up over the past month.</p> 
<p>Currently, Sundog has a 24-hour volume of over $75 million, which is up 33%. Meanwhile, its market cap stands at over $290 million to see SUNDOG rank as the 210<sup>th</sup> largest cryptocurrency at the time of writing.</p> 
<p> Read more: <a href="https://crypto.news/sundog-token-surges-but-history-hints-at-limited-gains-ahead/"> Sundog token surges, but history hints at limited gains ahead </a> </p> 
<h2 class="wp-block-heading" id="sunpump-buzz">SunPump buzz</h2> 
<p>TRON-based Sundog and other meme coin may soar further amid the buzz that surrounds SunPump. </p> 
<p>The Pump.fun competitor quickly generated more than $1 million in revenue as the Tron community embraced the meme coin craze. Network activity on Tron has also spiked as a result, impacting revenue.</p> 
<p> Read more: <a href="https://crypto.news/sunpump-buoys-trons-24-hour-revenue-over-ethereum/"> SunPump buoys Tron’s 24-hour revenue over Ethereum </a> </p>

Trader misses out on $2m SUNDOG profit

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