Sun Pump, a new memecoin launcher on the Tron network, has surpassed its Solana-based predecessor, Pump.fun, in daily activity and revenue. According to blockchain researcher Adam, Sun Pump generated higher revenue and new token numbers than Pump.fun on Aug. 21. Data from Dune Analytics revealed that Sun Pump launched 7,351 tokens and earned $585,000 in revenue in 24 hours, while Pump.fun only created 6,701 tokens and made $366,000 in the same period. The surge in activity occurred just 12 days after Sun Pump's launch on Aug. 9, resulting in over $1.5 million in revenue and 25,000 new memecoins. Notably, Sun Pump has seen memecoins like SunWukong and SunDog reach significant valuations. The Tron network has benefited from this trend, recording a record $3.48 million in revenue over the last 24 hours. Justin Sun's Meme Ecosystem Boost Incentive Program and Tether's additional USDT tokens minted on Tron have also contributed to the ecosystem's growth. Despite criticism, Sun defends memecoins, attributing their success to community support and fair launches. Read more AI-generated news on: https://app.chaingpt.org/news