What is SunPump? In 24 Hours, PXAI, PLAYBOY, PEPE Tokens Became Famous

581

SunPump is a decentralized platform on the TRON network designed to let users create their own meme tokens effortlessly. With the meme coin trend taking the crypto world by storm, SunPump provides a streamlined solution for those looking to join the movement.

SunPump Gains Momentum as TRON-Based Token Generator

SunPump, a TRON blockchain-based platform for meme coin generation, aims to simplify and secure the launch of meme tokens. Developed by SUN.io, a leading TRON DeFi provider, SunPump enables users to create and launch meme coins affordably and without pre-sale or team allocations. This setup minimizes risks associated with scams and preferential treatments often seen in meme coin projects.

Launched on August 13, 2024, by SUN.io, the same team behind the SunSwap protocol, SunPump quickly attracted attention in the DeFi space. Integrated with SunSwap, SunPump supports token liquidity and easy swaps, enhancing its utility for new coin creators. Within just eight days of its public launch, SunPump surged in popularity, reaching over 7,500 daily token launches by August 21. On that day, SunPump outpaced Solana’s Pump.fun platform in both daily launches and revenue, highlighting its rapid adoption.

Featured Tokens on SunPump

While the SunPump platform continues to rapidly gain fame on the TRON network, the 5 cryptocurrencies that attracted attention with their rise in the last 24 hours were PXAI, PLAYBOY, PEPE, NFM and MOODENG, respectively.

So far, more than 90,000 tokens have been created and a trading volume of $434 million has been recorded. Transaction fees paid exceeded $4.38 million.

How SunPump Operates

SunPump’s platform simplifies the token creation process, breaking it down into easy steps:

1. Account Registration: Begin by signing up on the SunPump platform.
2. Define Token Details: Set your token’s essential details, such as its name, symbol, and total supply.
3. Smart Contract Creation: SunPump automatically generates a smart contract on behalf of the user, detailing all functionalities and properties of the token.
4. Token Distribution: Distribute the tokens based on user-defined criteria among chosen recipients.

Key Features of SunPump

• User-Friendly Interface: SunPump requires no technical knowledge, making it accessible for beginners.
• Rapid Token Creation: Users can create tokens quickly, making the process efficient.
• Dedicated Smart Contracts: Every token receives its own unique smart contract, ensuring security and functionality.
• Community Engagement: SunPump fosters community building, allowing users to create their own projects and connect with others.

Why SunPump is Gaining Popularity in the Crypto World

SunPump’s recent rise in popularity is driven by several key factors:

• Memecoin Trend: Interest in meme coins has surged across the crypto space, attracting a large and enthusiastic audience.
• Potential for Quick Profits: Many users see the chance to create meme tokens on SunPump and potentially profit as these tokens gain value.
• Low Entry Barrier: SunPump makes it easy for anyone to create a meme token, eliminating complex requirements and making it accessible to all.

With a streamlined process and the promise of community engagement, SunPump is capitalizing on the memecoin wave, offering users an attractive entry point to the crypto market.

SunPump vs. Pump.fun

Since its launch, SunPump on TRON and Solana-based Pump.fun have been fierce competitors in the meme coin generator space. Both platforms operate with similar functionalities, such as fair-launch processes and bonding curve-based token purchases, enabling users to freely buy and sell tokens. As the top contenders for meme coin creation, SunPump and Pump.fun have seen intense rivalry since August 2024.

On August 20, 2024, SunPump surpassed Pump.fun in daily revenue for the first time, generating $2,768,648 TRX (about $396,000 at that time) versus Pump.fun’s $170,237, according to Dune.com. SunPump continued to outperform its competitor in daily revenue and token launches until Pump.fun regained the lead on August 31, 2024. Despite fluctuating daily revenues, SunPump remains a major player in meme coin generation, holding its spot among the most popular platforms as of mid-October 2024.