This Meme Coin is Making Purchases After Purchases: Whale Impacted the Price with a Single Transaction!
Whales are drawing attention in the market with large-scale purchases of the meme coin Sundog (SUNDOG) on the TRON network.
According to a post shared by Lookonchain, an on-chain data and analysis platform, via Twitter on September 14, purchases for SUNDOG, the most popular meme coin of recent times, continue unabated.
According to data provided by Lookonchain, a whale recently spent $2 million in a single transaction to purchase SUNDOG. The price also rose sharply in parallel.
Immediately after this massive transaction, another whale took action and spent $500,000 to purchase 1.16 million SUNDOG. The huge impact of the memecoin platform launched by Justin Sun and supported by the launch of SunPump plays an important role in Sundog's rapid rise.
According to CoinGecko data, SUNDOG, which has shown an increase performance of more than 40% in the last week, is finding buyers at $0.338 at the time of writing.