Grammy-nominated rapper Ty Dolla $ign recently ventured into the meme coin space by investing $502,000 in Sundog ($SUNDOG), a TRON blockchain-based meme coin. The move came after playful exchanges with boxer Ryan Garcia, who suggested Ty Dolla $ign to invest in Sundog. Ty Dolla $ign initially showed interest in memecoins on October 3, sparking online discussions. On October 5, he hinted at investing $500k in a memecoin, eventually following through on October 8 with a $500k investment in Sundog. While some celebrities like Mark Cuban remain skeptical about meme coins, Sundog has seen significant growth since its launch in August 2024, with a market capitalization exceeding $250 million. Ty Dolla $ign's investment adds him to the list of hip-hop artists involved in cryptocurrency, joining names like Logic, Snoop Dogg, Nas, and Soulja Boy. Read more AI-generated news on: https://app.chaingpt.org/news