- U.S. rapper Ty Dolla Sign mixed up TRON addresses, losing $500K.
- Justin Sun storms in to save Ty Dolla Sign’s day with a full refund.
- SunDog backtracks 36% from its all-time peak, hit two weeks ago.
The five-time Grammy-nominated American singer, rapper, and songwriter Ty Dolla Sign has made inroads into the ever-shifting blockchain world. While being crypto-curious for quite some time, the artist lost his crypto virginity on October 8, 2024, when he splashed 3.2 million Tron (TRX) tokens on a popular TRX meme token.
On-chain records show the hip-hop artist snatched 1.66 million SunDog (SUNDOG), spending $502K in a single transaction. However, beginner’s luck didn’t strike Ty Dolla Sign, who accidentally transferred all his digital belongings to the smart contract address of the SUNDOG token on Tron.
The newbie celebrity crypto aficionado mistook Tron’s official contract address for his TRX wallet address. As a result, all the tokens vanished without retrieval possibility.
Here’s How TRON’s Justin Sun Saved the Day
After several hours of SUNDOG not appearing in his wallet, Ty Dolla Sign expressed his concerns on X, asking the audience: “Yo, where my $SUNDOG at? I sent it to my TRX address and it ain’t showing???” Soon after, the rapper received multiple confirmations that his beloved dog-themed meme coin was burned.
After acknowledging the fact, Ty Dolla Sign went into despair, asking: “So it’s gone?? What am I supposed to do now?” to which some snarky users replied: “Just press the restart button.” Fortunately, real help came hours later from Tron’s founder, Justin Sun.
“Don’t worry, I’ve got you covered,” asserted Sun as he sent the musician the equivalent of his losses. The entertainer expressed gratitude, thanking Tron’s founder for the Good Samaritan deed. “Putting that RIGHT BACK into SUNDOG,” pledged Ty Dolla $ign as he acquired another 1.64M SUNDOG tokens.
On the Flipside
- Potentially, the American entertainer Ty Dolla $ign could have acquired more SUNDOG tokens with the $500K than his original investment.
- He purchased 1.66M SUNDOG crypto coins on October 8, 2024, for $502K, but due to today’s 7% price dip, he could have bagged 2.11 M.
Why This Matters
A strong and sustainable crypto community is built by helping each other rather than taking advantage of a person’s lack of knowledge or human error.
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