Trader Makes $750K from $1K Investment in $SUNWUKONG as Game ’Black Myth: Wukong’ Drives Meme Coin Surge
A trader turned a $997 investment into $750,000 by purchasing meme coin $SUNWUKONG on the Tron (TRX) blockchain. The token’s price skyrocketed nearly 400 times from $0.00008645 to $0.0339 before retracting to $0.0092, driven by the hype surrounding the Chinese game ’Black Myth: Wukong.’ Tron founder Justin Sun promoted $SUNWUKONG and other meme coins on Tron’s new token issuance platform, Sun Pump. Additionally, Binance listed the SUN perpetual contract, boosting Tron’s visibility. It is important to note that $SUNWUKONG is not officially connected to ’Black Myth: Wukong,’ and the token creators are unverified, making it a high-risk investment.
Bullish
The dramatic gains in $SUNWUKONG have captured traders’ attention, fueled by the hype surrounding ’Black Myth: Wukong’ and substantial promotion by Tron founder Justin Sun. The listing of SUN perpetual contracts by Binance further boosts Tron’s market visibility. Despite the unverified status of the token creators, these developments are likely to drive short-term bullish sentiment in the crypto market, as traders might try to capitalize on the meme coin frenzy. However, due to the high-risk nature of such tokens, long-term stability remains uncertain.