TRON SunPump once again opens meme feast

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ODAILY
08-21
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On August 12, SunPump, a meme launch platform based on the TRON public chain, was launched. As of August 20, SUN.io's trading volume increased 19 times, with daily turnover exceeding US$350 million, setting a record high, and the number of daily active accounts increased 60 times.

SUN.io transaction data (Source: tronscan.io)

Judging from the number of SunPump memes launched, the trend is like a ladder, still rising continuously. As of press time, the number of memes launched has exceeded 18,000.

SunPump daily meme emission volume (Source: Dune)

How to become a large MC memecoin Hunter on SunPump?

If we only look at the price increase of celebrity meme after it was launched on Sunswap, it is already amazing.

SUNDOG opened at 0.000064 and is currently at 1.65, up 10,156 times. It was only 5 days and 8 hours old, and it increased 20 times after the launch of HTX.

FOFAR opened at 0.000034 and is currently at 0.21, up 6176 times, just 4 days and 6 hours after its creation;

SUNCAT opened at 0.000034 and is currently at 0.092, up 2705 times, just 5 days and 6 hours after its launch;

SUNWUKONG opened at 0.000033 and is currently at 0.067, a 2030-fold increase in just 4 days and 21 hours since its launch...

Please note that the highest price is not used for comparison here, but only the current price. An increase of thousands or tens of thousands of times is easy.

If you have any experience in trading on the Solana meme token issuance platform, you should know that "hitting the large MC memecoin" is not an easy task. This process generally has several stages. At the beginning of the platform, people often start by typing, manually discovering valuable memes for purchase, and then slowly introduce data analysis, and start using various algorithms to find "large MC memecoin". Finally, it is fully automated trading, and ordinary retail investors no longer have any chance.

SunPump is at the initial stage, and there is no concept of hunters at this stage. It is completely in the state of "hitting roe deer with a stick and scooping fish with a ladle". That is to say, participating in SunPump now requires almost no skills. As long as you can perform the basic actions of "hitting" and "scooping", you can get rich returns. The competition is completely about action.

Of course, not all memes on SunPump have room for growth. At this stage, you only need to buy the top targets ranked by trading volume and market value.

It is also important to remind you that meme is a very strange track. It is the material expression of a group of people’s emotions. This emotion has extremely strong explosive power, but on the contrary, it also means that it is difficult to sustain. This is a great test of investors’ judgment.

SunPump's popularity is no accident

In just a few days, it quickly attracted a large number of users and funds, and even TRX and HTX rose against the market. SunPump's current success is not accidental. Many enterprises and companies often stand out with a correct strategic decision, and the dividends it brings will continue for several years.

1. A complete and compatible ecosystem

It can be said that in the entire Web3 field, no protocol can simultaneously gather the capabilities of the entire ecosystem, including centralized exchanges (two), decentralized exchanges, Defi businesses, public chain support, etc., in a short period of time.

Each of Sun Ge's seemingly casual layouts in the meme track has finally exploded with incredible power when combined together. The phrase "slow and steady wins the race" is most appropriate here.

The meme on SunPump already has a very clear ecological growth path: first, conduct experiments on SunPump at a very low cost to obtain initial users; second, after reaching a certain scale, launch the decentralized exchange SunSwap V2 to obtain more standardized trading services; then launch Poloneix to gain influence from more users; finally, more outstanding projects will be launched on the HTX platform to gain greater influence.

This model is beneficial to both parties. The trading platform can gain more market users, and the meme has a clear and visible upward path.

2. TRON’s unique technical advantages

The TRON public chain has a very natural technical advantage in dealing with MEV attacks.

MEV attack, or Maximal Extractable Value Attack, is a behavior in the cryptocurrency and blockchain environment where traders, miners, or validators take advantage of information asymmetry, transaction ordering privileges, and market loopholes to obtain excess profits. In simple terms, it means competing for the priority packaging rights of blocks, and then taking the lead in trading to gain profits.

This attack is difficult to avoid on Ethereum and Solana. In pursuit of efficiency, miners will prioritize packaging transaction requests with higher transaction fees, while TRON packages them in chronological order, which completely avoids the vicious cycle of meme transactions.

3. Justin Sun’s natural meme characteristics

Sun Ge has always been a topic king in Web3. Whether it is resistance or admiration, envy or disdain, his ability to continue to have topics is unmatched by others. Just a few stories and life fragments are enough to generate a large number of memes.

Judging from the trend, SunPump’s popularity has not yet subsided, and all kinds of meme large MC memecoin are being born every day and every hour. Currently, only one token, SUNDOG, has been launched on HTX, and it is clear that the wealth effect has just begun. The linkage between SunPump and the entire TRON ecosystem has just begun. A public chain that is not congested and has a large number of stablecoins issued, a public chain with more daily active users than Solana, a global TOP exchange, and a king of crypto topics, what will happen next?

SunPump has only quietly pulled the fuse; the real explosion is still a long way off.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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