Trader Who Sold $65 of Sundog Token (SUNDOG) for $495 Profit Now Regrets the Decision as It Could Have Been Worth $2 Million

The recent surge in Sundog token's price has left one trader likely regretting their decision to sell too soon.

A recent surge in Sundog (SUNDOG) token price has highlighted the astronomical gains that can be realized in the cryptocurrency market. However, one trader may be left kicking themselves after selling their SUNDOG holdings prematurely.

As the meme coin began trading on the SunPump platform, the trader made an initial investment of $65 in SUNDOG. In a短短 20 minutes after hitting the market, the trader sold their holdings, netting a profit of $495.

According to blockchain security and intelligence platform Arkham, the trader's $65 investment quickly turned into a $495 profit in just 20 minutes. However, if they had held onto their SUNDOG for a few more days, it would have soared to a value of $2 million.

In a post on X on Aug. 26, Arkham highlighted the missed opportunity.

“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’ve been valued at $2 Million.”

Sundog price飙升

SUNDOG began trading at around $0.043 on Aug. 18. However, amid the hype surrounding SunPump and TRON (TRX), the token surged to an all-time high of $0.3511 on Aug. 26.

Some of the gains were trimmed as traders booked profits, leaving SUNDOG up by over 180% in the past week and nearly 350% in the past month.

With a 24-hour volume of over $75 million, up 33%, SUNDOG ranks as the 210th largest cryptocurrency at the time of writing. Its market cap currently stands at over $290 million.

SunPump buzz fuels Tron meme coin

Tron-based Sundog and other meme coins are set to benefit further from the buzz that surrounds SunPump.

The Pump.fun competitor quickly generated more than $1 million in revenue as the Tron community embraced the meme coin craze. As a result, network activity on Tron spiked, impacting revenue.

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