The crypto market has recovered recently, but the profitability is still poor, and few people can get the desired returns. However, the Meme concept stands out with its unique expressiveness and has become the most popular sector in the current market. This article will explore the potential of Meme coins and how to seize high-return projects.
Meme Coin Outperforms Other Crypto Assets
Data shows that the craze for Meme coins has been extremely hot recently, with some projects even achieving hundreds of times of growth in one day. The main reason behind this phenomenon is the community drive and cultural penetration of Meme coins. Investors are often attracted by the stories and entertainment behind these coins, coupled with the skyrocketing and plummeting prices, which other traditional crypto assets cannot provide.
SunPump, the Meme launch platform launched by Sun.io on August 12, attracted market attention within a week of its launch. Its leading project Sundog (a Meme coin based on TRON) has a market value of over US$200 million from a starting point of zero . Except for Meme, there is hardly any currency in the market that has increased by more than 50% during the same period.
In addition to SUNDOG, meme projects such as SUNCAT, SUNWUKONG, DRGN, and IVFUN have all increased by more than 100 times after they were launched, which is enough to prove the huge wealth effect of SunPump. As the Memecoin landscape continues to develop, millions of new coins continue to emerge. The following are the top ten meme coins launched on SunPump, ranked by market value:
The emergence of Meme coins has brought new wealth expectations to retail investors. Traditional crypto assets such as BTC and ETH continue to slump, while Meme coins have attracted a large number of retail investors with their low prices and high volatility. These investors hope to realize their dream of getting rich overnight by investing in small-cap Meme coins at an early stage.
Arkham Intelligence, an on-chain analysis platform, revealed in an August 20 post that a trader with the address "TT 4 S 5" made a profit of $20.6 million in 6 days. The trader bought 104.33 million SUNDOG tokens at a price of $16,900. After the sharp rise in prices, the trader's holdings in 7 wallets have swelled to $19.52 million.
Another trader made $750,000 after buying $1,000 worth of "SunWukong," a meme coin that surged in price after TRON founder Justin Sun changed his X-profile picture to the Monkey King.
SunPump outperforms Meme Launchpad
According to Dune Analytics data, the Solana ecosystem's Meme launch platform Pump.Fun has generated a total revenue of approximately $99.74 million since March 1 this year. However , with Justin Sun announcement that TRON will support SunPump, the first fair launch and trading Meme coin platform in the ecosystem, the MemeCoin carnival has entered the second half.
According to Lookonchain data, on August 22, SunPump surpassed the previously popular Pump.fun in multiple indicators such as trading volume.
Justin Sun emphasized that although it is still in its infancy in the meme coin field, TRON has taken a long-term approach, focusing on gradually developing a solid infrastructure and continuously improving the user experience to accommodate all users.
"TRON supports a three-layer architecture. The first layer is the widely recognized stablecoin payment layer. As the leading stablecoin payment platform, TRON has surpassed Ethereum and Solana in terms of daily revenue. The second layer is the DeFi layer, which provides relatively stable returns. The third layer, SunPump, is essentially a mature product of DeFi and blockchain performance, focusing on high-risk, high-return investment opportunities."
Justin Sun said that SunPump is positioned to compete directly with other meme coins on Solana and has the following advantages:
l Strong team: The SunPump team has conducted extensive research on the Meme market to understand the needs of current investors while accurately predicting potential user groups. Their deep understanding of Meme ensures the delivery of first-class products.
Liquidity support: TRON has issued over $60 billion in stablecoins and has over 2 million daily active users, significantly outperforming Solana. USDT’s high trading volume and TRON’s large user base provide a lot of liquidity for the Meme market on TRON.
l Community support: SunPump benefits from strong community support, especially from Asia, which provides it with a solid user base.
As more and more tokens are launched on SunPump, the number of active addresses on TRON reached 1.9 million in August, while the number of active addresses on Solana was only 1.09 million.
The increase in on-chain activity has also caused TRON’s fees to reach a record high of $3.21 million in the past, an increase of nearly 100% over the normal average, and the price of TRX has also soared.
How to use tools to snipe potential Meme
SunPump has established cooperative relationships with many well-known market platforms and tools, including Dextool, Ave.ai, Dexscreen, GMGN.AI, etc. The access to these tools provides more comprehensive and timely market information, and also makes it easier to help everyone explore potential currencies.
1. Ave.ai
The platform updates new hot spots quickly. Now there is a SunPump and sub-index area on the homepage. It also supports entering contracts to view the price trend of SunPump. Users can filter by time period based on the most popular, highest trading volume, and largest buying currency.
2. Dextool
SunPump is now integrated into Dextool. Users can use Dextool to track the newly launched Meme tokens on SunPump, and it is more convenient to see the price trend.
3. GMGN.AI
GMGN is a tool website that integrates two functions: a line viewing website and an on-chain asset dashboard. It currently supports the SunPump platform.
There are some other Bots that are commonly used on SunPump:
(1) Monitor the SunPump links posted by influencers on Twitter:
https://t.me/+Ff1co EzyIbYyYTg 1
(2) Convenient and fast trading BOT on SunPump:
https://t.me/nfd_Tron_trade_bot?start=3lPxtjqEXgeo
(3) SunPump trading bot, automatically replenishing energy and saving gas fees
https://t.me/Tron_trading_bot?start= invite_ed 2 f 8 c 28 b 05649459169 a 502 a 8 b 16 3a 0
Just two days ago, SunPump officially launched a new feature, Sunflare: Illuminate the Peak, which aims to highlight the Meme token that has recently reached 80% of the joint curve progress. The token will be displayed on the SunPump homepage.
SunPump currently still maintains a daily launch volume of 4,000+. The opportunity is right in front of you. Whether it will be useful or not depends on how fast you act.
