How SunPump Outperformed Pump.fun In Just 12 Days
- SunPump has quickly gained traction due to its accessibility and the strong backing of TRON crypto founder Justin Sun
- SunPump's remarkable daily revenue of $585,000 demonstrates its growing dominance in the memecoin sector
- Within just 12 days of its launch, SunPump has outperformed competitors like Pump.fun
SunPump Crypto on TRON Surges with daily revenue of $585,000
SunPump Crypto is a new memecoin launchpad on the TRON network launched on August 9, 2024. SunPump has quickly gained traction due to its accessibility and the strong backing of TRON crypto founder Justin Sun.
Justin Sun’s $10 million incentive program has been pivotal in increasing liquidity on the TRON blockchain, facilitating the launch of over 26,000 memecoins.
Increasing Popularity of SunPump Crypto Outperformed Pump.fun
Within just 12 days of its launch, SunPump has outperformed competitors like Pump.fun, a similar memecoin platform based on the Solana blockchain.
SunPump witnessed 7,351 tokens launched, generating $585,000 in revenue in a single day. In contrast, Pump.fun had 6,701 tokens launched and $366,000 in revenue during the same period.
Such rapid success has fueled interest in SunPump, contributing to rising demand for TRON crypto and pushing the Tron crypto price higher.
Revenue of SunPump Crypto Surges Around $585,000 in Just a Day
SunPump's remarkable daily revenue of $585,000 demonstrates its growing dominance in the memecoin sector.
This trend has boosted the TRON crypto price and brought Tron crypto news into the spotlight, showcasing TRON's expanding role in the memecoin ecosystem.
SunPump Advancing Features
SunPump's innovative bonding curve mechanism ensures continuous liquidity for trading and helps reduce the volatility risks commonly associated with memecoin price fluctuations.
Once a project reaches 100% of its bonding curve, valued at $69,420, SunPump automatically deposits 100,000 TRX and 200 million tokens into the SunSwap V2 liquidity pool. This mechanism provides much-needed stability in the memecoin trading space.
In addition to its bonding curve, SunPump charges a modest creation fee of 20 TRX (around $2.60) and a 1% trading fee, which contributes to the platform’s sustainability and liquidity.
SunPump’s partnership with the Poloniex exchange allows tokens to maintain a $1 million daily trading volume for three consecutive days.
Market Capitalization and Trading Volume
SunPump’s market capitalization stands at $405 million, a 20.4% increase in the past 24 hours.
The platform is gaining considerable traction with a 24-hour trading volume of $167 million.
The combination of SunPump’s unique features and its strong backing from the TRON network has positioned it as a force to be reckoned with, driving up interest in Tron crypto price prediction and future developments.
Final Thoughts
SunPump is experiencing rapid growth, driven by its innovative features, strong partnerships, and backing from the TRON blockchain. Nonetheless, SunPump’s early success positions it as a leading player in the memecoin news landscape, potentially influencing both the sunpump token price and the broader TRON crypto price moving forward.
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