Memecoins have gained fame in the crypto industry in recent years. Every now and then, some memecoins become the main target of investors. There was a time when it was Doge, then it was Shiba Inu, Pepe, and now crypto whales seem to be interested in the latest memecoin on Tron, SUNDOG.

The Naughty Dog-themed token has surged 433% in just one month. In the past seven days alone, it has surged 67%, getting traders excited about its potential. As big investors flock to SUNDOG, many are wondering – will this token hit the $1 mark soon? With whale activity driving its value higher, SUNDOG is the hot topic in the memecoin space right now, and it shows no signs of slowing down.

What is SUNDOG?

SUNDOG is the leading dog-themed meme coin on the Tron network. It was launched on August 15, shortly after Tron founder Justin Sun launched the SunPump platform, which aims to facilitate fair meme coin issuance.

Although it started out as a simple meme coin, it has grown rapidly. Its rising liquidity on the Tron blockchain is a key factor in its popularity. The coin’s credibility has also been boosted by Justin Sun’s allocation of $10 million to the Meme Ecosystem Promotion Incentive Program, which supports emerging tokens and helps prevent fraud.

Whale activity drives prices higher

The price of SUNDOG has surged due to whale activity. Recently, a crypto whale purchased 3.52 million SUNDOG tokens, causing the price to surge by 27%. The move pushed the price from $0.305 to $0.373. As of now, the token is trading at $0.3 with a 60% increase in trading volume. With whales investing heavily in the token, its market cap has surged to $360 million. If this trend continues, SUNDOG's market cap could soon reach $1 billion.

What makes SUNDOG popular?

SUNDOG's rapid growth is due to multiple factors. First, it has been actively listed on major exchanges such as KuCoin, MEXC, Bybit and Gate.io, which has increased its popularity. In addition, the support of whale users and the Meme ecosystem incentive plan have also enhanced investor confidence.

With the current momentum, SUNDOG might reach $1 and become the top memecoin on the Tron network.