SUN is one of the tokens which profited massively from the Tron hype. It pumped ~350% in the last seven days.
In case you don't know:
SUN is the native token of the SUN ecosystem — the biggest platform for swap, yield farming, and self-governance on the TRON chain.
Additionally, they introduced Sun Pump — the first meme fair launch platform on Tron. Sun Pump was one (or THE) driver behind the latest Tron hype.
Here's the cool part: The more memes, the more protocol revenue, and the more SUN supply gets burned—a powerful flywheel.
Should You Buy SUN Now?
Buying a token that has just increased 350% always feels like buying the top. Therefore, I wouldn't invest all my money at this level.
On the other hand, it looks like we're just at the beginning of the Tron hype. Accordingly, SUN can go much higher in the mid-term.
Considering the above, the best approach is DCAing on dips. For example, if you want to invest $1,000, you buy $50 each time it dips x% (e.g., 5%). By doing so, you can reduce the risk of both buying the top and missing the train.
In case you don't know:
SUN is the native token of the SUN ecosystem — the biggest platform for swap, yield farming, and self-governance on the TRON chain.
Additionally, they introduced Sun Pump — the first meme fair launch platform on Tron. Sun Pump was one (or THE) driver behind the latest Tron hype.
Here's the cool part: The more memes, the more protocol revenue, and the more SUN supply gets burned—a powerful flywheel.
Should You Buy SUN Now?
Buying a token that has just increased 350% always feels like buying the top. Therefore, I wouldn't invest all my money at this level.
On the other hand, it looks like we're just at the beginning of the Tron hype. Accordingly, SUN can go much higher in the mid-term.
Considering the above, the best approach is DCAing on dips. For example, if you want to invest $1,000, you buy $50 each time it dips x% (e.g., 5%). By doing so, you can reduce the risk of both buying the top and missing the train.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.