What Is Sundog (SUNDOG) Meme Coin: Something You Need To Know About It
By:W, LeahSundog (SUNDOG) is a new meme coin launched on the Tron blockchain. Due to the large investment and active support of Tron founder Justin Sun, Sundog price has recorded remarkable price action since its launch, hitting over 339 million in the market cap, attracting the attention of a large number of traders.
Then, what is Sundog (SUNDOG)? Is it a good investment in 2024? Next, let’s take a close look at this meme coin project.
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Table of Contents
Sunbot Launches New Staking Features
Why Sundog (SUNDOG) is So Popular?
Sundog (SUNDOG) Price Analysis
Sundog (SUNDOG) Price Prediction
Is Sundog (SUNDOG) a Good Investment in 2024?
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Sunbot Launches New Staking Features
According to an official X post launched on September 19, Sundog holders can now stake their tokens on Sunbot for up to 60% APR. Staking is the practice of locking away tokens and earning an interest over time. It removes them from circulating supply, increasing demand and leading to a price increase.
The staking feature launched by Sunbot will run for 12 months, with web stakers earning slightly less than 54% APR.
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What is Sundog (SUNDOG)?
 |
|
| Cryptocurrency | Sundog |
| Token | SUNDOG |
| Price | $ 0.2213  3.26% |
| Rank | 218 |
| Market Cap | $ 220.7M |
| 24H Trading Volume | $ 128.7M |
| All-time High | $ 0.3768 |
| All-time Low | $ 0.0375 |
| 24 High | $ 0.2298 |
| 24 Low | $ 0.2070 |
| Cycle High | $ 0.2585 / 2024-10-15 02:30:29 |
| Cycle Low | $ 0.2030 / 2024-10-10 18:33:00 |
| Update Time | 2024-10-22 09:22:04 |
Launched on SunPump on August 15, Sundog (SUNDOG) is a dog-themed meme token built on the Tron blockchain that targets to create a community around meme humor and culture while providing low transaction fees and rapid processing times.
As the most popular dog-themed meme coin on Tron Chain, SUNDOG is designed to bring huge growth potential and community cohesion to investors through efficient wealth effects and innovative economic models.
Except for the fast transaction and low fees, SUNDOG also has other exciting features, such as an active and engaged community that is massively contributing to the growth of the SunDog platform and the opportunities that users have to earn through incentives and participation in its ecosystem.
SUNDOG Tokenomics
SUNDOG was built as a fair launch, which means there was no pre-sale, and token distribution was designed to be as equitable as possible.
According to the official website, the maximum supply of SUNDOG is capped at 1 billion tokens, and tokens are 100% unlock from day one.
However, according to CoinMarketCap, the token currently has a circulating supply of 997,519,570 SUNDOG, which is 99.75% of the total supply. This may have something to do with $SUNDOG’s recent token destruction.
In addition, the distribution of SUNDOG holders shows that the largest holders control 4.6% of the total supply, while the rest are more evenly distributed among other holders. This allocation may affect the stability of the token in the market.
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Why Sundog (SUNDOG) is So Popular?
SUNDOG coin quickly caught the attention of investors after its launch. Within hours of launch, the market value of SUNDOG soared to $33 million, and it rose further to $60 million the next day, to $100 million on the third day.
So what makes SUNDOG so popular?
First, the launch of SUNDOG follows the current hot meme coin trend, following in the footsteps of other successful dog-themed meme coins, such as Dogecoin, WIF, and Shiba Inu.
SUNDOG, on the other hand, chose to launch on the Tron network, taking advantage of its fast transaction speed and low transaction fees. Besides, SUNDOG adds a unique twist by introducing unique features such as SUNBOT.
In addition, SUNDOG has managed to create a loyal user base that actively participates in its ecosystem. An active, engaged community is important to the development of meme coins, as we can see from the top memecoins Dogecoin and Shiba Inu.
In the end, SUNDOG received the full support of the TRON ecosystem, with founder Justin Sun not only promoting it, but also providing financial support, which greatly increased the popularity of this meme coin.
All these factors have made SUNDOG meme coin a success in the short term.
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Sundog (SUNDOG) Price Analysis
Since its launch, SUNDOG has hit different milestones in a short period.
The SUNDOG token showed on the CoinMarketCap platform on August 17, 2024, with an initial price of $0.6515. The SUNDOG price soared and hit a new all-time high of $0.3315 on August 26.
As of writing the article, SUNDOG is traded at $ 0.2213, boasting a market cap of $ 220.7M, and witnessing a hefty 24-hour trading volume of $ 128.7M. SUNDOG token saw a 24-hour change of -1.3 %, with fluctuations of -0.7 % in the past hour.
The following sets forth the SUNDOG to USD Chart
| Price Change 1H Percent | -1.09% |
| Price Change 1D Percent | 3.26% |
| Price Change 7D Percent | -10.25% |
| Price Change 30D Percent | -28.09% |
| Price Change 90D Percent | 273.88% |
| Price Change 365D Percent | 273.88% |
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Sundog (SUNDOG) Price Prediction
Sundog has performed quite well in the cryptocurrency market since its launch. Although the token is still relatively new, its price has risen sharply several times, attracting the attention of investors.
According to the latest market analysis, Sundog has the potential to continue to grow, especially if community adoption continues to increase.
Sundog (SUNDOG) Price Prediction 2024
In terms of SUNDOG price prediction for 2024, SUNDOG is predicted to go through a lot of ups and downs. The increase in exchange listings could makes SUNDOG see the market presence and value of the token rise. As a result, $SUNDOG could see a maximum price level of $0.29 by 2024’s end. Under a bearish circumstance, the potential lowest price of SUNDOG is estimated to be $0.19. The average price that SUNDOG may have in 2024 is estimated to be $0.24.
Here are the possible price changes we expect for $SUNDOG in the next half month:
| Date | Price Prediction | Change |
| 10-22 | $ 0.2213 | 0.00% |
| 10-25 | $ 0.2323 | 4.95% |
| 10-28 | $ 0.2348 | 6.12% |
| 10-31 | $ 0.2440 | 10.28% |
| 11-03 | $ 0.2430 | 9.8% |
| 11-06 | $ 0.2444 | 10.45% |
Sundog (SUNDOG) Price Prediction 2025
In terms of SUNDOG price prediction for 2025, as many crypto analysts think the crypto market will do well in 2025, many projections indicate that SUNDOG is capable of seizing the growing trend and boosting promising return. As the community and the platform grow, it is predicted that SUNDOG would see price growth, despite unpredictable price fluctuations are expected. The potential lowest price that SUNDOG could see in 2025 is projected to be $ 0.1834, while the maximum price level that SUNDOG would reach in 2015 is estimated to be $ 0.3159. The average price expected throughout the year is $ 0.2776.
Sundog (SUNDOG) Price Prediction 2030
As for long-term price prediction on SUNDOG for 2030, many experts believe the blockchain market will grow massively, which might benefit meme cryptos like SUNDOG as more people use blockchain and transact with cryptos. As a result, the potential lowest price of SUNDOG in 2023 is projected to fall to $ 0.2465, while the highest possible price is predicted to be $ 0.4310. The average price of SUNDOG in 2030 is estimated to be $ 0.4002.
Sundog (SUNDOG) Price Prediction 2050
As to SUNDOG’s price prediction for 2050, SUNDOG will likely experence strong volatility inthe long run as it looks to establish itself as a permanent fixture in the market. According to our current analysis, in 2050, SUNDOG meme coin is predicted to be traded between $ 0.8489 to $ 1.4881 and the average price of SUNDOG should be around $ 1.3936.
There is large uncertainty about the future price of $SUNDOG, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for $SUNDOG based on a variety of different scenarios.
Potential Highs & Lows of SUNDOG
Here are our projected highs and lows for SUNDOG from 2025 to 2050:
| Year | Yearly Low | Yearly Average | Yearly High |
| 2025 | $ 0.1834 | $ 0.2776 | $ 0.3159 |
| 2026 | $ 0.1644 | $ 0.2529 | $ 0.2861 |
| 2027 | $ 0.1587 | $ 0.2489 | $ 0.2927 |
| 2028 | $ 0.2477 | $ 0.3384 | $ 0.3625 |
| 2029 | $ 0.2922 | $ 0.4424 | $ 0.4633 |
| 2030 | $ 0.2465 | $ 0.4002 | $ 0.4310 |
| 2035 | $ 0.2961 | $ 0.4971 | $ 0.5645 |
| 2040 | $ 0.5243 | $ 0.7784 | $ 0.8957 |
| 2045 | $ 0.6473 | $ 1.0436 | $ 1.2416 |
| 2050 | $ 0.8489 | $ 1.3936 | $ 1.4881 |
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Is Sundog (SUNDOG) a Good Investment in 2024?
Sundog (SUNDOG) is an interesting meme-based token with great potential for growth.
With a strong community, fast transactions, and low fees, Sundog strives to be more than just a meme coin, but to create a sustainable ecosystem.
Although still in the early stages, the price forecast shows the positive potential of Sundog in the future, making it a worthy project for investors and crypto users alike.
However, the inherent unpredictability of the crypto market means that while the potential exists, so do the risks. Investors should exercise caution and conduct thorough research before making any investment regarding SUNDOG meme coins.
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How to Buy the SUNDOG Token?
Currently, interested investors can buy SUNDOG token on SunSwap, or some crypto exchanges like CoinEx, Gate.io, HTX, Bitget, etc., whereSUNDOG gets listed.
Unfortunately, SUNDOG is not available on BTCC platform at present. However, it is worth mentioning that BTCC supports trading for large variety of popular meme coins, such as PEPE, DOGE, SHIB, BONK, etc. If you are interested in these popular meme coins, you can make a purchase on BTCC exchange with highest security level and a most competitive fee.
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