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Cryptocurrency News Articles
Sundog (SDOG) Price Prediction - How High Can The Tron Meme Coin Go?
Sep 24, 2024 at 02:01 am
The meme coin sector on the Tron chain is heating up, with Sundog leading the rally. The top Tron meme token has climbed by another 9% today on Monday and is now trading at $0.31 at press time.
The price of the top Tron meme coin has surged by another 9% today.
Moreover, SUNDOG hit 500,000 holders today and is now eyeing a Binance listing.
Finally, experts believe that Sundog is set to reach a multi-billion dollar valuation in the next crypto bull run.
Here's why experts are calling Pepe Unchained the next 10x crypto.
The meme coin sector on the Tron chain is heating up, with Sundog leading the rally.
The top Tron meme token has climbed by another 9% today on Monday and is now trading at $0.31 at press time. Furthermore, the latest Sundog price predictions from experts are showcasing a strong likelihood of a bullish continuation.
The Federal Reserve’s interest rate cuts have brought risk assets like meme coins into the spotlight as investors gear up for an uptick in market liquidity.
For instance, a new meme coin Pepe Unchained (PEPU) has raised nearly $15 million just in its presale. A few smart money investors who are bullish on Sundog also appear to be stacking PEPU, aiming for as much as 10x returns.
After Ethereum, Solana and Base, Tron is emerging as the hub of meme coin activity, heavily encouraged by its founder Justin Sun.
Indeed, the Sundog price is up by nearly 37% over the past month, as compared to an 11% decline in Pepe and a 10% dip in Dogwifhat.
However, experts believe that the meme coin remains undervalued. For one, it is still trading 16% below its all-time high.
More importantly, it has a market capitalization of just $317 million, in comparison to the $3.4 billion Pepe and $1.87 Dogwifhat valuations. It wouldn’t be a surprise if the top Tron meme coin pushes towards a billion-dollar valuation, especially if Justin Sun continues to publicly hype up the ecosystem.
As such, SUNDOG is showing signs of rapid adoption. The meme coin hit 500,000 holders today, a remarkable achievement for a relatively new meme coin.
It has also been listed on dYdX and Bitunix, with speculations rife that a Binance listing
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