Tron’s SunPump meme coin platform has partnered with HTX Global.
Users will have the capability to maintain a liquidity of $10 million on HTX for 3 days.
SunPump went live on August 12 and is the first platform on Tron focused on meme coins.
Justin Sun’s Tron-based meme coin platform, SunPump, has partnered with HTX Global to simplify token launches. The collaboration offers early participants $10 million in liquidity for three days, to join in on the meme coin frenzy.
The current meme coin craze within the crypto market is mostly dominated by Solana-based meme tokens like Book of Meme (BOME), Bonk (BONK), and dogwifhat (WIF) marking notable gains. In a follow-up post, SunPump clarified that the partnership terms might change later, adding:
Listing success depends on meeting HTX’s criteria, including accurate information submission and passing security checks. This benefit is exclusive to early SunPump participants, though the $10 million threshold may change later.
Sun has become one of the important faces of the digital asset sector with the rise in the popularity of the Tron blockchain and TRX’s rise to being the 11th-largest cryptocurrency. Further, as per the data from DefiLlama, Tron is ranked second after Ethereum in terms of Total Value Locked (TVL) which stands at $7.8 billion.
Sunpump X HTX (huobi) 🌞 https://t.co/JXhqBj2iWz
— H.E. Justin Sun 孙宇晨 (@justinsuntron) August 14, 2024
In an X post, HTX declared that the “era of everyone being a banker has arrived,” implying that anyone with basic crypto knowledge can issue a cryptocurrency on SunPump. The meme coin requires no pre-sale, and one person can be the “team” behind the blockchain project.
An X user pointed out a flooding of Trump meme coins on the SunPump platform immediately after a meeting that happened between billionaire Elon Musk and crypto-friendly Republican candidate, Donald Trump.SunPump went live on August 12 and is the first platform focused on meme coin on the Tron DAO. The platform aims to “simplify token issuance” and provides features like automatic liquidity creation, flexible trading options, among other benefits.
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