SunPump, a newly launched Tron-based memecoin generator, has quickly gained traction, surpassing its major competitor, PumpFun, in daily revenue generation. On Wednesday, SunPump reported approximately 7,531 tokens launched through the generator, resulting in daily revenue of about 3.65 million TRX, equivalent to around $548,000 based on the current price of TRX.In contrast, PumpFun generated approximately 2,575 SOL, amounting to about $367,195 in revenue on the same day, indicating a notable shift in user preference towards SunPump.
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Meanwhile, PumpFun has facilitated the generation of over 1.8 million tokens since its launch in January, showcasing its established presence in the memecoin ecosystem.Tron founder Justin Sun has been actively promoting SunPump on social media, emphasizing upcoming improvements to the platform's stability and addressing user-reported issues. Despite a recent decline in the price of TRX, which fell 4.25% over the past 24 hours to $0.15, the token has seen a 15.56% increase over the past week, with a market cap of $13.3 billion.Read more at The Block.
- Launched just last week, SunPump has already facilitated the creation of various memecoins, some of which have experienced significant price fluctuations. For instance, the memecoin Sundog saw a price increase of 25% at one point, reaching about $0.25, although it later retreated to $0.21, reflecting a 12.6% decline over the past 24 hours.The market capitalization of Sundog currently stands at $216 million after briefly exceeding $250 million.
