Rapper Ty Dolla $ign Drops $500,000 On SUNDOG, Justin Sun And Ryan Garcia Respond
The connection between TyDolla$ign and Ryan Garcia with Tron and Sundog has many wondering if the pair are on Justin Sun’s payroll.
TyDolla$ign, a Grammy-nominated hip-hop artist, has entered the crypto meme space in a big way. Late last night (October 7), the rapper posted to X a screenshot of a 3.2 million TRX ($502,000) transaction for SUNDOG, a leading meme coin on the Tron blockchain.
Just dropped half a Mil
Now send $SUNDOG 🚀 https://t.co/QcYrLndEUW @SUNDOG_TRX @RyanGarcia pic.twitter.com/igOdzHNPAW
— TyDolla$ign (@tydollasign) October 7, 2024
Grammy-Nominated Rapper TyDolla$ign Drops Half A Mil On SUNDOG, Boxer Ryan Garcia Responds ‘LMAOO WTF’
TyDolla$ign captioned his post ‘Just dropped half a Mil, Now send $SUNDOG,’ along with a link to the transaction and tagging professional boxer Ryan Garcia. In response to being tagged on the post, boxer Ryan Garcia responded, ‘LMAOO WTF.’
LMAOO WTF
— RYAN GARCIA (@RyanGarcia) October 7, 2024
The Tron crowd met the rapper’s announcement with bullish fervor, including the head honcho himself. Tron founder Justin Sun quickly responded, ‘Welcome to the Tron family!’
This all began at the beginning of the month when TyDolla$ign posted, “What’s up with all these meme coins, though? 👀 I keep hearing about them everywhere. Is it all hype, or are people really making bread of this?”
In what seemed like a coordinated effort, the rapper’s tweet received a lot of attention. Two days later, on October 5, he teased, “What if I drop 500k on a meme coin?”
At this point, the connection to Ryan Garcia began, as the boxer quickly responded, “Bet on Sundog. Some mafia cult meme, lol.”
All of the prior social media postings have led to Dolla $ign’s $500,000 purchase of SUNDOG, and people are questioning whether this is organic or paid marketing from Justin Sun and the Tron team.
Bet on Sundog
Some mafia cult meme lol
— RYAN GARCIA (@RyanGarcia) October 7, 2024
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Crypto Community Dubious On Legitimacy Of Ty Dolla $ign’s Interest In Tron Memes
One member of crypto twitter, Nate Rivers, responded to the rappers post with ‘Weird way to promote imo @justinsuntron.. These guys have no motion these days.’
Initially, the price of SUNDOG reacted positively to the news, spiking from $0.247 to $0.266. However, the hype from the $500,000 buy has already died down, and SUNDOG is now trading below its price prior to the announcement.
Over the past few hours, it has ranged between $0.244 and $0.245. If this was indeed a paid promotion, it doesn’t seem to have the effect on the chart that the team would have been hoping for.
(COINGECKO)
BONUS: Crypto All-Stars Presale Crosses $2 Million In Funding With Investors Going Crazy For Its Revolutionary Tech
Crypto All-Stars (STARS) is starting to go viral, with its presale just shooting past the $2 million milestone. This is mostly due to its utility, the ‘MemeVault’. It is being marketed as a ‘One-Stop-Shop’ for meme coin staking.
It will act as the core of Crypto All-Stars, offering a streamlined crypto staking platform for meme coins. Whatever major meme coins make up your portfolio, from DOGE to SHIB to PEPE, among many others, MemeVault simplifies the staking process by letting you stake your coins in one place. This means no more switching between chains and protocols for each coin.
This is a first-of-its-kind offering for a decentralized meme coin. Being able to bring utility to pre-existing meme coins that do not have any functions outside of the community and speculative price action is a game-changer. For staking your meme coins on the Crypto All-Stars platform, you will be rewarded in STARS tokens. The more you stake, the more STARS you will earn.
If that wasn’t juicy enough, if you already hold a bag of STARS before staking your DOGE or PEPE, you’ll be eligible for boosted yields, up to 300% more than those not holding STARS.
There are less than 48 hours before the next price stage increase, so hurry up and secure your bag today to lock in these low prices. Once purchased, investors can stake their presale bag for an insane 710% APY. This means STARS can be put to work earning passive income even during the remainder of the presale phase.
VISIT CRYPTO ALL-STARS HERE
EXPLORE: Best Way to Diversify Your Portfolio in 2024? BlackRock Says Bitcoin
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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