Crypto Trader Makes Massive $20 Million Profit in Less Than a Week

A Tron network trader, known as TT4S5, has achieved $20 million in potential gains just six days after an early investment in the SUNDOG meme coin.

Initially spending $1,690 for 104.33 million tokens, their current holdings are valued at $20.6 million. The trader has already sold $1.08 million worth of SUNDOG but retains tokens worth $19.52 million.

This surge highlights the growing appeal of meme coins on the Tron network, especially following the launch of the SunPump platform. SUNDOG, in particular, has seen its market cap soar from under $2 million to $250 million, reflecting a dramatic increase in value.

In contrast, broader cryptocurrency markets have been declining, but SUNDOG’s price has jumped by over 60% yestrrday. This rise is reminiscent of past successes like Solana’s dogwifhat (WIF), which reached a $4.5 billion market cap before dropping significantly.

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New meme coins are also emerging on Tron, including Sun Token and Coconut Chicken, with 20,152 coins created through SunPump so far. The platform has generated $1.3 million in revenue quickly, though it still trails behind Solana’s Pump.fun, which has earned $99.7 million in fees. Tron’s increased focus on meme coins, backed by a substantial incentive program, suggests ongoing growth in this sector.

Alexander Stefanov