Throughout August, the cryptocurrency market has remained largely bearish, leaving many altcoins struggling to find momentum. While most major cryptocurrencies have failed to impress, some hidden gems are emerging as potential winners.

The X post draws immediate similarities to a previous post of FTX's Sam-Bankman Fried, back when the Solana token was trading at just $3.

Sun Token (SUN), the cryptocurrency from the TRON network, has experienced an impressive surge of over 470% in just one week. The coin, which was trading at $0.009, has jumped to $0.03735, drawing considerable attention in the crypto community.

The memecoin frenzy has reached the Tron Network after the launch of Pump.fun's rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week.

Sun Token price continued pumping on Friday, Aug. 23, making it one of the best-performing cryptocurrencies this week.

The price of a new meme coin called Sun Token (SUN), which was issued seemingly in honor of Tron (TRX) blockchain founder Justin Sun, has exploded in the last few days.

Binance Futures has announced the introduction of two new USDⓈ-Margined perpetual contracts featuring POPCAT and SUN tokens. These contracts will allow traders to leverage up to 75 times the initial amount.

Binance, the leading global crypto exchange, has expanded its trading portfolio by listing futures contracts for three altcoins – Popcat (POPCAT), Sun (SUN), and Alpaca Finance (ALPACA). This move diversifies trading options on Binance Futures.

The Tron Network has recorded a sharp spike in its volume over the past few days, highlighting increased bullish sentiment for its ecosystem. Further, the TRX price has added over 27% in the past week. This indicates a positive outlook for it in the coming time.

Injective (INJ) is in the process of breaking out from a descending resistance line. Aptos (APT) and Sun (SUN) could soon break out from long-term resistance lines.

The world's largest crypto exchange says it is probing certain accounts after noticing abnormal trading behavior on its platform. Binance says it is taking precautionary measures after noticing atypical activity involving the altcoins Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUN Token (FUN) and Golem (GLM).

On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue.

Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch.