【Sun Pump】Meme Coin Launch Platform on Tron / Pump[.]Fun Driving Tron's growth beyond fun's daily revenue / Tron DAO fully supports / @sunpumpmeme
Quite a bit of growth.
Good morning.
Mitsui from web3 researcher.
Today I researched Sun Pump.
🟠What is Sun Pump?
📈Pump[...].Beyond FUN, driving Tron's growth
💬Meme Coins at the heart of ecosystem activation
🟠What is Sun Pump?
Sun Pump" is the first dedicated platform for the fair launch and trading of meme coins on Tron.
As for product image and functionality, it is almost the same as Pump[...] fun in Solana.fun in Solana, and it is almost the same as Pump[.] fun.fun's Tron version.
The features are listed below.
(1) Token sales using the Bonding Curve
In a normal token sale, allocations exist and liquidity must be guaranteed.However, "Sun Pump" utilizes an integration curve, which means that tokens are launched without pre-selling tokens or allocating them to teams.
Simply put, the tokens are designed to increase in price according to the amount of tokens purchased in advance, ensuring liquidity.Then, once a certain transaction amount is achieved, the token is listed on the DEX for the first time and liquidity is provided to the market just like any other token.
Sun Pump" will be automatically listed on SunSwap V2 (DEX) when the trading volume reaches approximately $69,420.At that time, approximately $12,000 worth of TRX will be deposited at the same time to provide liquidity support.
(2) Easy token issuance
Only about 20 TRX will be charged as a creation fee, but you can easily issue tokens for that cost alone.The actual issuance screen is shown below, and tokens can be issued immediately by simply entering a summary.
This is an overview of the above.
Sun Pump is also TRON's first decentralized autonomous platform that integrates stablecoin and comprehensive token exchange while supporting liquidity mining Sun[...].built by io.
Sun[.].io releases Sun Swap on DEX.It also releases its own token $SUN, whose governance is managed by SUN DAO.
📈Pump[.]Fun Beyond , driving Tron's growth
Sun Pump was released on August 9 and has grown rapidly from there.On August 21, 12 days after its release, 7,531 tokens were issued in 24 hours, exceeding both the number of tokens issued and the fees Pump[...].fun was exceeded.
The momentum has slowed somewhat, but it is still going strong, with a cumulative total of 54,435 tokens issued.The number of tokens that have reached Sunswap is 1,126 tokens, or 2.07% of the total.
By the way, Pump[.].fun's success probability is per 1.2~1.5%, so in comparison, "Sun Pump" has a higher success probability.
Revenue is also compared.The number of days of operation here is different from the quintessential one, so Pump[.].fun had a big lead.
Sun Pump: $3,412,684
Pump[.].FUN: $102,466,682
However, as mentioned above, the most recent daily revenue was Pump[.].fun and was ranked 14th among all protocols, including blockchain, in defillama's protocol fee rankings.
Other comparisons with other figures such as TVL.
And this Sun Pump momentum is also contributing to the increase in Tron fees.We have seen a sharp increase since late August, just when the Sun Pump was gaining momentum.
And may have contributed to the rise in TRX prices.
💬Meme coins at the heart of ecosystem activation
The last is a consideration.
In fact, the reason behind the rapid rise to this point is the full backing of Tron founder Justin Sun and Tron.Specifically, a $10 million Meme Ecosystem Boost Incentive Program has been announced.
Also, as you can see from the Justin Sun's X, the fixed post is also Sun Pump and most recent postsis almost exclusively Sun Pump-related, indicating that they are putting a lot of effort into it.
Mr. Sun also stated that the "meme strategy" could bring Tron blockchain revenues to over $4 billion in the next 12 months, indicating that the meme strategy is one of the centers of Tron's current strategy.
Although the ecosystem is not yet that huge, a category has been created on CoinGecko, and the number one token is called $SUNDOG.
Solana has also seen a Pump[...].fun has led to a rapid increase in the number of users, Avalanche has made a move to purchase meme coins with its foundation, and BNB is holding a meme coin contest.Also, TON's block generation has recently stopped temporarily due to congestion caused by the distribution of TON's $DOGS meme coins.
What I am trying to say is that meme coins can no longer be ignored in the operation of the chain.
Meme coins attract new users, increase the number of transactions, and increase TVL.It makes sense to strategically focus on meme coins, which have the potential to grow all the numbers you want to grow especially in chain operations.
On top of that, Sun Pump and Pump[...], which can casually issue meme coins to increase the probability of a spontaneous explosion of meme coins.A model that is launched with an integration curve like FUN and then listed on the DEX once it reaches a certain market capitalization can be one successful case study.
It remains to be seen if Sun Pump's momentum will continue or if other chains will follow suit, Pump[...].We will continue to keep a close eye on the fun-style meme coin launch platform market.
This is our research on Sun Pump!
🔗Reference/Image Citation:HP / DOC / X
Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.
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mitsui
A web3 researcher. Operating the newsletter "web3 Research" delivered in five languages around the world.
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