SunPump Overtakes Pump.Fun’s Memecoin Activity
Tron’s SunPump platform has surpassed Solana’s Pump.Fun in daily memecoin launches, signaling a significant shift in trader interest from Solana to Tron.
Key points:
- SunPump surpasses Pump.Fun: Tron’s new memecoin launchpad SunPump has launched 7,352 tokens in the last 24 hours, overtaking Pump.Fun’s 5,694.
- $SUNDOG soars: Tron’s memecoin $SUNDOG reached a $190M market cap, surpassing any Pump.Fun token.
- Higher success rate: SunPump has a 1.98% token listing rate on Sunswap, compared to Pump.Fun’s 1.26% on Raydium.
- Trader migration: Tron saw 2.35M active wallet addresses, outpacing Solana’s 967,000.
- Tron revenue spikes: Tron’s daily fees hit a record $3.84M, a significant increase from its usual $1-$1.5M.
Tron’s SunPump Steals the Meme Coin Spotlight
In a surprising turn of events, Tron’s SunPump platform has overtaken Solana’s Pump.Fun as the leading launchpad for new memecoins.
Just last week, Pump.Fun was the undisputed king, minting over 20,000 tokens daily and pulling in significant revenue.
However, SunPump’s launch has been catching the eyes of traders, with the platform minting 7,352 tokens in the past 24 hours, compared to Pump.Fun’s 5,694.
This launch has also propelled Tron’s flagship meme coin, $SUNDOG, to a staggering $190M market cap, leaving Pump.Fun’s top tokens in the dust. Sundog’s rapid ascent reflects the shifting sentiment among crypto traders, who appear eager to chase the next big thing—even if it means hopping networks.
This migration has done wonders for Tron, boosting its active wallet addresses to 2.35M over the past day, far exceeding Solana’s 967,000.
Furthermore, Tron’s revenue has skyrocketed to $3.84M a day, marking the highest in its history.
Plus, SunPump’s higher “graduation” rate, with nearly 2% of its tokens getting listed on Sunswap, has contributed to its appeal.
Meanwhile, traders are growing increasingly wary of the flood of tokens on Pump.Fun, where only 1.26% make it to Raydium, Solana’s exchange.
As the battle of meme coin platforms heats up, Tron seems to have found its new niche, much to the delight of its creator Justin Sun.
Will this momentum last? That remains to be seen. All we know is that, for now, SunPump is leading the meme coin charge.
