SUNDOG

BULL

Arkham

TRON

<p>SUNDOG, the largest meme coin within the <a href="https://www.thecoinrepublic.com/price-prediction/tron/" rel="noopener noreferrer nofollow">Tron</a> ecosystem is seeing a sharp surge of 12% in the last 24 hours. This happened as Tron managed to handle some of the network congestion and high trading fee issues. Let us see what effect the same had on SUNDOG price.</p>
<h2 class="wp-block-heading" id="h-sundog-price-begins-fresh-rally"><strong>SUNDOG Price Begins Fresh Rally</strong></h2>
<p>Ever since its launch in mid-August, the SUNDOG meme coin has been the talk of the town with 300% in the last 15 days. The meme crypto now commands a market cap of more than $250 million. As of press time, the SUNDOG price is trading at $0.2512.</p>
<p>Tron founder Justin Sun has been continuously promoting its meme coin ecosystem. This could emerge as a potential challenger to the Solana meme coin ecosystem. Tron’s popular meme coin platform SunPump has set an ambitious target of $100 million in revenue by the year-end. In the latest development, Tron’s SunPump platform once again knocked down Solana-based PumpFun in daily trading activity.</p>
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   <p lang="en" dir="ltr">Sunpump knocks pumpfun over again, in 24H revenue.<br><br>Take outs from this:<br><br>1. Liquidity is transitioning from x chain to <a href="https://twitter.com/hashtag/TRON?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TRON</a><br><br>2. Since meme is going to drive the volume this bull run, <a href="https://twitter.com/hashtag/TRON?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TRON</a> ecosystem is in for a good run!<br><br>3. Read #1 again.<br><br>Remember, 100% of <a href="https://twitter.com/sunpumpmeme?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@sunpumpmeme</a>'s… <a href="https://t.co/aFrB04E1fs" rel="noopener noreferrer nofollow">pic.twitter.com/aFrB04E1fs</a></p>— Brill (@thenameisbrill) <a href="https://twitter.com/thenameisbrill/status/1830312591392206961?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 1, 2024</a>
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<p>Apart from SUNDOG, other Tron-based memecoins are also gaining massive traction recently. The SunPump-based Tron BULL meme coin has become the second-largest on the platform with a market cap of $118 million. Reports suggest that an investor turned $1,200 investment in TRON BULL to a staggering $10 million.</p>
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   <p lang="en" dir="ltr">This trader turned $1.2K into $10 MILLION in 3 days<br><br>TAMr was one of the first to buy TRON BULL, purchasing $780 on Sunpump. He purchased another $390 of TRON BULL once it reached Sunswap.<br><br>Within 3 days, his BULL position hit a peak of over $10 MILLION – and now has bled down to… <a href="https://t.co/U7u7hq47Nw" rel="noopener noreferrer nofollow">pic.twitter.com/U7u7hq47Nw</a></p>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1829492753740202082?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2024</a>
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<h2 class="wp-block-heading" id="h-tron-s-justin-sun-addresses-trading-fee-issue"><strong>Tron’s Justin Sun Addresses Trading Fee Issue</strong></h2>
<p>Acknowledging the surge in the trading fee on the Tron blockchain network, founder Justin Sun said that they are making all possible arrangements to cater to the energy requirements and keep the trading fee low. In a tweet on the X platform, he wrote,</p>
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 <p>“The issue of high fees for NFT minting and trading has been noted. It will be resolved today with a significant reduction”.</p>
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<p>He further announced that a substantial amount of energy was released on the Tron network, which, coupled with the increased energy cap, has significantly eased the overall shortage. Sun emphasized that Tron’s global nodes will closely monitor energy supply and prices to maintain competitive gas fees within the industry.</p>
<p>On the other hand, Tron has recently worked with the OKX wallet which reduces the transaction fee for trading Tron meme coins by 98% using the wallet. On the other hand, Justin Sun is also pushing ahead for high-quality NFT projects in the Tron ecosystem.</p>
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   <p lang="en" dir="ltr">Tron needs a native, truly high-quality NFT project. To be honest, if such a project comes to life, I would change my PFP to one from that project. <a href="https://twitter.com/sunpumpmeme?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@sunpumpmeme</a> <a href="https://twitter.com/apenftorg?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@apenftorg</a></p>— H.E. Justin Sun <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f31e.png" alt="🌞" class="wp-smiley" style="height: 1em; max-height: 1em;">孙宇晨(hiring) (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1830288925598142730?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 1, 2024</a>
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<p>The post <a href="https://www.thecoinrepublic.com/2024/09/02/sundog-price-jumps-12-as-tron-addresses-trading-fee-issue/" rel="noopener noreferrer nofollow">SUNDOG Price Jumps 12% as Tron Addresses Trading Fee Issue</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

SUNDOG Price Jumps 12% as Tron Addresses Trading Fee Issue

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