{"id":91227,"date":"2024-08-26T14:32:41","date_gmt":"2024-08-26T18:32:41","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=91227"},"modified":"2024-08-26T14:32:58","modified_gmt":"2024-08-26T18:32:58","slug":"trader-misses-2m-sundog-profit","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/trader-misses-2m-sundog-profit\/","title":{"rendered":"Trader Misses $2M SUNDOG Profit"},"content":{"rendered":"\n

A trader turned a $65 investment<\/a> in SUNDOG into a $495 profit within 20 minutes but missed out on a potential $2 million profit by selling too early, according to Arkham.<\/p>\n\n\n\n

\"Trader
Trader Misses $2M SUNDOG Profit<\/figcaption><\/figure>\n\n\n\n

The trader initially invested $65 in Sundog when the meme coin was introduced on the SunPump platform, according to Arkham, a blockchain security<\/a> and intelligence platform. Nevertheless, the trader sold their holdings for a profit of $495 just 20 minutes after the token's market introduction.<\/p>\n\n\n\n

In a post on X on August 26, Arkham addressed the wasted opportunity, describing how a $65 investment resulted in a $495 profit within 20 minutes. However, it had the potential to generate a $2 million profit if it were held for an extended period.<\/p>\n\n\n\n

\n

Imagine being this guy

Trader TDi bought $65 of SUNDOG as it launched on SunPump – and flipped it in 20 minutes for a $495 profit.

If he held for 4 days, his SUNDOG would\u2019ve been worth $2 Million. pic.twitter.com\/Cr6ayHo3ky\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>— Arkham (@arkham) August 26, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

Sundog Token Soared<\/h2>\n\n\n\n

On August 18, Sundog's price was approximately $0.043, but it experienced a significant increase in response to the excitement surrounding SunPump and TRON<\/a>, reaching an all-time peak of $0.3511 on August 26.<\/p>\n\n\n\n

Although profit-taking has reduced some of the gains, SUNDOG has remained over 180% higher this week and nearly 350% higher over the past month.<\/p>\n\n\n\n

At present, Sundog's 24-hour volume exceeds $75 million, representing a 33% increase. In the interim, SUNDOG's market capitalization exceeds $290 million, placing it as the 210th largest cryptocurrency at the time of this writing.<\/p>\n\n\n\n

SunPump Vibration<\/h2>\n\n\n\n

The chatter surrounding SunPump may propel Sundog and other meme coins, which are based on TRON, to even greater heights.<\/p>\n\n\n\n

The Tron community<\/use><\/svg><\/span><\/a> quickly embraced the meme coin craze, which led to the Pump.fun rival earning over $1 million in revenue. Revenue has also been affected by the increase in network activity on Tron.<\/p>\n","protected":false},"excerpt":{"rendered":"

A trader turned a $65 investment in SUNDOG into a $495 profit within 20 minutes but missed out on a potential $2 million profit by selling too early, according to Arkham. The trader initially invested $65 in Sundog when the meme coin was introduced on the SunPump platform, according to Arkham, a blockchain security and […]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-91227","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/91227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=91227"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/91227\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=91227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=91227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=91227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}