A controversial trader known as Crash on X has shared his thoughts on the growing hype around Tron meme coins launched via Justin Sun’s SunPump.
The trader identified two meme coins that could emerge as market leaders on the Tron blockchain.
Crash Says Two Tron Meme Coins Will Go Parabolic
Crash predicts that Sundog (SUNDOG) and Tron Bull (BULL) will show explosive growth, with market capitalizations potentially reaching between $500 million and $700 million. He believes these two coins could become as large on the Tron blockchain as Bonk (BONK) and Dogwifhat (WIF) are on Solana, and as Shiba Inu (SHIB) and Pepe (PEPE) are on Ethereum.
“It’s not a matter of IF Tron BULL will cross 500M-700M market cap Just a matter of when. Sundog and Bull to Tron Are what Bonk and WIF are to Solana. And what SHIB and PEPE are to Ethereum,” Crash wrote.
This prediction comes shortly after CoinEx Global listed BULL, and just a week after SUNDOG surged 100X.
Read more: 7 Best Tron Wallets for Storing TRX
Crash’s forecast has garnered attention, particularly because he previously identified the BRETT meme coin at a $2 million market capitalization. The token quickly skyrocketed to over $850 million, delivering a 400X return on investment for early investors.
However, controversy marred BRETT’s rise as accusations of foul play were directed at Crash. Traders began opting out after reports revealed that insiders held over 81% of BRETT tokens. Given Crash’s reputation, some members of the crypto community are cautioning others to steer clear of the coins he recommends.
“STAY AWAY FROM $BULL! This is an example of 1 wallet controlled by the team that has made over 300k $ in profit and holding 1M $ more that has been selling every hour, they have 90 more wallets like this one, it’s sad to see how the “KOLs” of twitter are supporting this scam scheme because they are getting airdropped, open your eyes folks, one X user wrote.
Meanwhile, others highlight the impressive price performance, arguing that the crypto market isn’t the place for morals. They note that if $1 million was sold and the price is still rising at a $185 million market cap — higher than multiple Tron projects combined — then that’s undeniably bullish.
Read more: 7 Best Base Chain Meme Coins to Watch in 2024
Crash’s endorsement of SUNDOG and BULL comes amid ongoing hype around Tron meme coins on SunPump. Initially, there were concerns that the buzz would fade quickly, but Tron founder and Huobi Global advisor Justin Sun remains optimistic.
“For me, when it comes to the whole ‘Why TRON, why SunPumpMeme?’ thing, the biggest flex is that $60 billion in TRON USDT. No other blockchain protocol has a liquidity pool this massive. Meme coin platforms live and die by liquidity, and TRON’s got it in spades,” Sun remarked.
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