SUNDOG Rivals PEPE in First 10 Days as SunPump Redefines Meme Game
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SUNDOG Rivals PEPE in First 10 Days as SunPump Redefines Meme Game
SUNDOG or a replicable miracle.
Navigating Web3 tides with focused insightsIn August 2024, after Bitcoin and Ethereum experienced sharp declines, the market entered a prolonged period of sideways consolidation. As investors sought fresh catalysts, meme coins once again became the focal point. Over the past two weeks, the meme coin market has heated up dramatically. Inspired by one wealth-generating story after another, substantial capital has poured into the meme sector, with the crypto community actively debating which token will be the next "golden dog."
Historically, meme seasons have been dominated by blockchains like Ethereum, Solana, and BSC. But this time, the leader emerging is a new player in the space: TRON. Currently, SUNDOG, a top-tier meme coin on TRON, has been live for just 10 days and its outstanding performance has drawn widespread attention across the cryptocurrency industry. Behind it, SunPump and the broader TRON ecosystem are demonstrating an ability to generate even stronger narratives.
Over 4,000x in 10 Days: SUNDOG Rivals SHIB and PEPE
SUNDOG skyrocketed from day one, growing rapidly and becoming a top-tier meme coin within just 10 days—its performance rivaling that of legendary meme coins. On August 16, SUNDOG launched on SunPump, TRON's first fair-launch meme platform. Within three hours, its market cap surged past $10 million. Thanks to SunPump’s partnership with Huobi HTX, SUNDOG—the highest-market-cap project on SunPump—was listed on Huobi HTX on its first day. In the early hours of August 19, less than three days after launch, SUNDOG’s market cap surpassed $100 million. For reference, PEPE, one of the most successful meme coins in recent years, took four days to reach the same milestone.
As of early August 26 (Beijing time), SUNDOG had appreciated over 4,100x since launch, with a market cap exceeding $260 million. By comparison, PEPE rose approximately 260x during its first 10 days. Other prominent high-market-cap meme coins such as SHIB, BONK, and FLOKI remained relatively dormant for extended periods after launch before eventually surging. In short, the wealth effect generated by SUNDOG in its first week has already surpassed that of most leading meme coins.
Meme Push: TRON Seizes Timing, Location, and Momentum
Certainly, SUNDOG must prove its longevity over a longer timeframe before being truly compared to legends like PEPE. However, its sudden rise carries deeper significance: TRON is redefining how memes operate. On August 13, TRON founder and Huobi HTX Global Advisory Board member Justin Sun announced the launch of SunPump, marking TRON’s official entry into the meme domain. Just one week later, TRON achieved its first billion-dollar meme project. This powerful emergence results from the convergence of favorable timing, strategic positioning, and strong leadership.
● Momentum (Human Factor)
Looking back at the development of major meme coins, influential figures have played a critical role. DOGE, the original meme coin, only saw explosive growth after gaining Elon Musk’s endorsement; PEPE’s rapid ascent was also driven by early promotion from numerous KOLs, boosting community engagement. SUNDOG—and meme projects across the TRON chain—naturally benefit from a close association with one of crypto’s most talked-about personalities: Justin Sun.
On August 13, Justin Sun announced SunPump’s launch and has since vigorously promoted both SunPump and TRON across social media, X Spaces, and community channels—often engaging in meme culture himself, fueling broader interest. Simultaneously, he actively collects user feedback and pushes the SunPump team to continuously improve the platform. This level of enthusiasm provides the strongest possible guarantee for sustained traffic and attention to TRON’s meme ecosystem.
Meme coins have long existed on Ethereum, Solana, and BSC, but these chains lack a central figure to unify efforts. As a result, individual projects struggle to create collective momentum or consistent wealth effects, making participation feel more like gambling. Under Justin Sun’s guidance, TRON’s ecosystem is better positioned to incubate meme projects with viral potential and lasting热度 (heat).
● Location (Geographic/Structural Advantage)
TRON ranks second in total value locked (TVL) among public blockchains and holds 99% of the USDT reserves—providing fertile ground for ecosystem growth. Additionally, TRON is the most profitable blockchain; on August 21, it achieved a record single-day revenue of $5.33 million. This financial strength enables TRON to confidently support ecosystem development. From day one, SunPump offered a 99% gas fee rebate and launched a $10 million Meme Ecosystem Incentive Program on August 15. Combined with SunPump’s low transaction fees, TRON offers compelling advantages for both investors and project teams.
For other meme coins, listing on top-tier exchanges is often a major hurdle requiring significant time. In contrast, TRON-based meme projects enjoy a unique advantage. Due to TRON’s partnerships with Huobi HTX and Poloniex, there is strong synergy between the blockchain and exchanges. High-quality meme projects can be listed immediately, leveraging exchange platforms for accelerated growth. Meanwhile, exchanges benefit from the wealth effect of memes to attract users and amplify visibility.
● Timing (Market Conditions)
In the first half of this year, Solana’s meme ecosystem, led by Pump.fun, achieved notable success. However, at that time, Bitcoin and Ethereum were capturing attention with narratives around spot ETFs, halving events, and Dencun upgrades—amid generally bullish market conditions. Now, SunPump has emerged during a bearish market phase marked by tight liquidity and investor demand for new opportunities. Its arrival has created one of the most astonishing wealth effects of the second half of the year. TRON has clearly seized the moment at precisely the right time.
Disruptive Edge: SUNDOG Could Be a Replicable Miracle
Given its fertile financial foundation and visionary leadership—combined with favorable market sentiment—it was almost inevitable that a new meme star like SUNDOG would emerge on TRON. More importantly, this achievement came just over 10 days after TRON entered the meme space. The chain still holds vast untapped capital and traffic potential. With Justin Sun continuing to drive momentum, the wealth effect seen with SUNDOG could very well be replicated.
Following SUNDOG, other high-potential projects on SunPump—such as FOFAR, SUNCAT, SUNWUKONG, and DRGN—have already been listed on Huobi HTX. TRON-based meme coins are rapidly forming a coordinated cluster of strength. Right now, TRON resembles a newly discovered continent in the world of memes—those who stay engaged may well uncover the next fortune.
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