Tron’S Fresh Memecoin Deployer Outdoes Sun Rises: Pump. fun in Daily Activity and Revenue

SunPump is a memecoin on the Tron Network that was launched by its predecessor, pump on the Solana blockchain. recreation, in terms of operation and income generating activities. The recent increase in SunPump’s demand can be considered a major achievement for Tron which will continue consolidating its positions on the memecoin market.

SunPump Overtakes Pump. fun

On August 21, a blockchain researcher by the name of Adam Tehc, made this discovery known in a thread on X [Twitter]. Tehc used data from Dune Analytics to show that SunPump had performed better than pump. fun in key metrics. In the last 24 hours, the SunPump witnessed the creation of 7,351 tokens and has made a revenue of $585,000. In contrast, Pump. fun created 6,701 tokens in the same period and generated total net revenues of $366,000.

This massive traffic to SunPump page occurs only 12 days after it was created on 9th of August this year. Thus, during its existence, it is possible to talk about the fulfilment of three financial indicators: total sales for over $1 bn. 5 million of revenues and has helped register over 25000 new memecoins to the market.

Memecoins Fuel Tron's Success

SunPump has also proved a significant bonuses to the Tron community since its development. A number of memecoins that were launched on the platform are now valued at amazing amounts – SunWukong for instance momentarily turned a $1,000 investment into $750,000. Another memecoin called SunDog flared to as high as $7. 40 valuations that made the coin’s market cap hit $270 million.

This surge in activity has statics that show the Tron network is generating record high levels of revenue. In the last one day, Tron has brought out $3. Citing DefiLlama’s data, its TVL stood at $48 million, which was at par with the preceding day.

Justin Sun: The Future of Memecoins

For the same reason, SunPump also benefits from the Meme Ecosystem Boost Incentive Program initiated by the founder of Tron, Justin Sun. This led to the injection of $10 million liquidity to the Tron ecosystem and therefore the growth of memecoins in the network.

Besides this, on August 20, Tether launched one billion new USDT on the Tron network that further inflow of liquidity.

There have been calls that memecoins are “noxious” to the crypto sector, but Sun remains bullish. He noted that he does not believe that memecoins’ success is a coincidence. On August 20, Sun wrote in X again underlining that good communities originate from developers deliberately launching the coins, which get community support and enjoy loyalty.

“The kind of ways we are suggesting here is when every dev can build a community through a fair launch and where support and enthusiasm from the community will be garnered then the community will share in the success of the cryptocurrency this is what writings like the one from Sun lack,”

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