Tron User Multiplies His Money 104 Times in 7 Hours with Memecoin Investment

Some memecoin investors in the Tron (TRX) ecosystem have made returns of up to 100 times thanks to the right timing.

According to a post by blockchain analysis platform Lookonchain, a Tron user bought 6.87 million Sundogs (SUNDOG) for 5,000 TRX worth $650.

The sudden increase in the SUNDOG price made a big profit for the investor. According to Lookonchain data, the trader sold 4.57 million SUNDOG for 522,840 TRX worth $68,000 just seven hours after purchasing.

The investor, who multiplied his money 104 times in seven hours and earned $67,300, still has 2.29 million SUNDOG in his wallet. It was also stated that the investor had an unrealized gain of $76,000.

A new platform opened in the Tron ecosystem

A platform called SunPump, which is similar to the Pump.fun platform in Solana, was recently opened in the Tron ecosystem, allowing users to easily issue their own tokens.

According to the information shared on the Tron DAO, users have to pay a fee of 20 TRX to issue a memecoin through SunPump. In addition, a 1 percent transaction fee is deducted from each transaction made on the platform.

The SunPump team will provide liquidity support of approximately 100 thousand TRX to projects that meet the criteria required by the Bonding Curve model.

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