SunPump, a memecoin generator on the Tron network supported by Justin Sun, has revolutionized the cryptocurrency market, earning over 1 million dollars in just nine days thanks to ultra-low fees.

Let’s see all the details below. 

SunPump, the memecoin generator supported by Justin Sun, surpasses $1 million in nine days

In recent times, the landscape of criptovalute has witnessed a wave of innovations, and SunPump is one of the most interesting.

This platform, born in mid-August, has quickly become a phenomenon in the world of meme coin, surpassing the threshold of 1 million dollars in revenue in just nine days. 

The distinctive element of SunPump lies in its ability to offer users the possibility to create and trade memecoin with extreme ease, taking advantage of the low fees of the Tron network.

This type of evolution in the market reminds of the historic gold rush, where those who sold equipment made enormous fortunes. 

In the same way, in the cryptocurrency market, tools like SunPump are allowing users to monetize the phenomenon of memecoins, opening new earning opportunities.

The concept behind SunPump is similar to that of other successful platforms, such as Pump.Fun on the Solana network.

Both applications allow users to select an image, choose the number of tokens, set a theme, and create new tokens with a minimum investment. 

These tokens, once created, are automatically listed on decentralized exchanges, reaching a predetermined market value: 60,000 dollars for Pump.Fun and 69,420 dollars for SunPump, a clear tribute to the world of memes.

The popularity of SunPump has exploded rapidly. The data tracked by Dune Analitics indicates that over the last 24 hours, more than 7,300 new tokens have been created on the platform, generating revenues of 585,000 dollars. 

In comparison, Pump.Fun recorded 6,700 new issuances, for a total of 366,000 dollars in the same period. These numbers highlight not only the growing interest in SunPump, but also the power of this new wave of memecoin.

The profits of the investors

Some of these tokens have already generated enormous profits for early investors. A significant example is the address “TDm2”, monitored by the on-chain analysis tool Arkham.

This individual has transformed an initial investment of 1,000 dollars into 400,000 dollars with the token SUNWUKONG, inspired by the popular Chinese video game Black Myth: Wukong. 

Another trader saw their investment of 1,690 dollars in SUNDOG grow to over 20 million dollars in just six days, an impressive gain that shows the explosive potential of these operations.

The success of SunPump is fueled, in part, by the constant support of its creator, Justin Sun. His bull posts about the future of the platform have helped keep the attention of users and developers high. 

“This is just the beginning,” stated Sun in a recent post, promising further developments and improvements to meet the needs of all participants in the meme coin market.

An element that contributed to the rapid success of SunPump was the recent reduction of transaction fees. 

Last Thursday, SunPump lowered the fees to a fixed rate of 0.76 TRX, equivalent to one cent of a dollar, compared to the previous fee of 1% per transaction. 

This move has further incentivized the use of the platform, making the creation and exchange of memecoin even more accessible.

The impact on the price of the token TRX

The impact of SunPump is also reflected in the earnings of the Tron network and the value of the TRX token. 

According to DefiLlama, Tron recorded a record of 3.48 million dollars in daily revenues over the past two days, marking the first time the network has surpassed 2 million dollars in a single day since its launch in May 2018. 

As a result, the price of TRX has increased by over 20% in the past week, surpassing both Bitcoin and other major tokens tracked by the CoinDesk 20 index.

Other assets based on Tron, such as BTT, SUN, and JST, closely linked to Justin Sun, have also recorded significant increases in value, rising up to 15% in the last week. 

This trend suggests that the interest in Tron and its projects is growing strongly, driven by the enthusiasm for memecoin and the confidence in the future potential of the network.

Looking ahead, Sun stated that the “meme strategy” could bring Tron’s blockchain revenue to over 4 billion dollars in the next 12 months. 

If these forecasts come true, network participants could see substantial rewards, with a positive impact on the fundamentals of TRX tokens and the Tron ecosystem as a whole.

In summary, SunPump is not just a meme coin generator. It is a force that is transforming the cryptocurrency market, creating new opportunities for users and strengthening Tron’s position in the global blockchain landscape.

With the support of Justin Sun and the enthusiasm of the users, the future of SunPump and the Tron network looks bright and promising.