When it comes to memes, many people may still be stuck in the era of Doge around 2021, when the crypto world was growing wildly, with the super wealth-making myths of $Doge and $SHIB, and the golden dog trend led by $Babydog. Even in the bear market of 2022-2023, the new narrative of the BRC20 protocol has opened a new chapter for $ORDI in the Bitcoin network, and in 2024, the Solana ecosystem has emerged, attracting a large amount of liquidity in the circle, and even started a wave of meme craze.
But these have become history, who is next? It's TRON's turn! Today's research object is the recently popular SunPump
The meme doesn’t do the big narrative justice
In fact, the influx of new users in the crypto circle was the bull market that started in 2020. After that, the entire circle was hyped around "narrative". The existing computing power coins and DeFi concepts, and then the metaverse sector led to a wave of NFT and chain games. Then the project parties aimed at social and blockchain infrastructure. These are useless in this round! The upper limit of VC coins is the peak. No matter how big the background of the project is, it cannot escape the K-line of "grandma going down the stairs". On the other hand, in the meme sector, even the tokens on the chain often have greater liquidity than many "king-level projects" in CEX. The core reason is that when market liquidity deteriorates, what people need most is pure gaming! Putting aside all narratives, just to pursue fairness, this is also in line with the spirit of encryption!
The data also proves that most of this round of liquidity is in the meme track. The figure below is the data analysis released by IntoTheBlock in the first half of the year. The data shows that in 2024, the total value of meme coins almost doubled!
TRON ecosystem takes over Solana and becomes the new meme gathering place
After Solana, TRON has stepped up! Since its founding in 2017, TRON has risen rapidly to become the most dynamic decentralized autonomous organization (DAO) governed by the community in the cryptocurrency market. With its outstanding high performance and extremely low transaction costs, TRON has gradually become the core engine of meme culture and innovation, driving the rapid development of this field. With more than 2 million daily active addresses and more than 60 billion USDT issuance, these amazing data show TRON's unparalleled community participation and liquidity. Previously, TRON's ecosystem covered DeFi, stablecoins, RWA and other fields. After the rise of the meme track, TRON provided unparalleled infrastructure support for the rapid deployment and promotion of meme projects. This behavior will attract countless creators and developers, gradually strengthening its dominant position as the center of meme culture.
The previous Solana Tugou season has lasted for a long time, and funds from the off-chain have continued to come to the Solana chain. Pump.fun was launched in early 2024 and gained a lot of user growth when the Tugou craze broke out. In just half a year, it has achieved the achievement of exceeding Ethereum's daily revenue many times. However, this has laid the foundation for the future development of SunPump on TRON.
SunPump's sudden rise helps TRON ecosystem become a mainstream meme gathering place
Let’s first look at the meme overview on SunPump: SUNDOG rose 10,156 times in 5 days and 8 hours, FOFAR rose 6,176 times in 4 days and 6 hours, SUNCAT rose 2,705 times in 5 days and 6 hours, and SUNWUKONG rose 2,030 times in 4 days and 21 hours. This fully demonstrates how powerful the TRON community is.
SunPump is the first fair meme coin launch platform in the TRON ecosystem, launched by the well-known decentralized finance (DeFi) platform SUN.io. As an innovative meme coin issuance platform, SunPump provides users and developers with a decentralized, transparent and fair meme coin issuance environment through its unique design and mechanism, and has quickly emerged in the cryptocurrency market.
1. Innovative mechanism for fair launch - everyone has a chance
SunPump's fair launch mechanism is an innovative design aimed at achieving truly equal participation, which completely changes the way traditional cryptocurrency projects are launched. In the traditional project launch process, early investors and insiders often enjoy priority purchase rights and discounted prices, which causes ordinary investors to miss the best investment opportunity when the project is officially launched, and even face higher entry costs and greater investment risks.
SunPump's fair launch mechanism uses smart contract technology and on-chain verification to ensure that all users have equal opportunities to participate in investment in the early stages of the project. The core of this mechanism lies in the decentralized distribution model, which relies on transparent smart contract code, does not rely on intermediaries, and completely eliminates human manipulation and insider trading. All participants can obtain the right to token distribution at the same time and under the same conditions. This process is publicly verifiable on the blockchain, and no one can tamper with it or obtain privileges in advance.
This transparent and decentralized mechanism not only improves the fairness and transparency of project launches, but also greatly enhances users' trust in the platform. By eliminating information asymmetry and unfair competition, SunPump provides a fair investment environment for all investors, giving everyone the opportunity to obtain potential high returns in the early stages of the project. This innovative fair launch mechanism completely subverts the traditional token issuance model, promotes wider community participation, and encourages more investors to enter the crypto market, driving the prosperity and development of the overall ecosystem.
2. Efficient and low-cost trading experience - convenient trading operations
The SunPump platform's efficient and low-cost trading experience is one of the important reasons why it has gained wide recognition in the crypto market. This feature makes trading operations more convenient and economical, further enhancing user participation and the competitiveness of the platform.
First, relying on the high-performance architecture of the TRON network, SunPump provides extremely high transaction throughput, capable of handling a large number of transaction requests and ensuring rapid completion of transactions. The TRON network is known for its ability to process thousands of transactions per second (TPS). This high efficiency not only reduces the waiting time for transaction confirmation, but also enables users to complete transactions in a timely manner at the moment of price fluctuations and seize market opportunities. This is especially important for high-frequency traders who rely on speed and timeliness, as well as investors who want to respond quickly to market changes.
Secondly, the SunPump platform’s low transaction fees significantly reduce users’ transaction costs and further enhance user experience. Traditional blockchain networks often face high transaction fees, which tend to skyrocket especially when the network is congested. The architectural design of TRON keeps its gas fee at an extremely low level, and even during peak trading volume periods, the fee is relatively stable. This feature allows SunPump to provide users with an almost zero-cost trading environment, where users can frequently conduct small transactions or adjust positions without being restricted by fees.
In addition, SunPump has launched a series of transaction fee reduction plans to further encourage users to trade actively. Through a series of detailed reduction rules, the platform achieves lower computing costs and faster transaction speeds, ensuring that users can enjoy a seamless trading experience under any market conditions.
3. Diversified ecological incentive plans - attracting liquidity
The SunPump platform has successfully attracted a large amount of liquidity into the market through its diverse ecological incentive programs, laying a solid foundation for the rapid development and user growth of the platform. These incentive programs are designed to encourage more users to participate in transactions, hold tokens, and develop new projects, thereby promoting the overall activity and liquidity of the platform.
SunPump and TRON jointly launched a large-scale Meme ecosystem incentive plan with a total amount of up to 10 million US dollars. The core purpose of this plan is to encourage project parties to launch Meme coins and other innovative tokens on the TRON network by providing financial support and resource assistance. This direct capital investment provides developers with sufficient start-up funds, reduces the financial pressure of new projects in the initial development and promotion stages, and enables more innovative ideas to be quickly transformed from concepts to practical applications.
In addition, SunPump has implemented a series of liquidity incentives aimed at attracting more users to invest their assets in the platform's liquidity pool. By offering high yield rewards, the platform effectively attracts a large amount of funds to lock positions. These rewards include not only the issuance of native tokens, but also other forms of incentives such as airdrops, profit sharing, and exclusive participation opportunities. Through these diverse incentives, SunPump has not only increased the total locked volume (TVL) on the platform, but also increased the depth of liquidity, providing users with a more robust and efficient trading environment.
Finally, SunPump's ecological incentive plan also focuses on long-term community building and user stickiness. The platform continues to enhance user participation and loyalty by regularly holding community events, competitions, and promotions. For example, by creating a community governance mechanism, token holders can participate in major decisions of the platform, enhancing users' sense of belonging and enthusiasm for the platform. These initiatives not only help maintain a high level of user engagement, but also attract more new users to join the platform, further increasing the activity and liquidity of the market.
4. Rapidly rising market performance - the wealth effect is in place
With its rapid rise in market performance, the SunPump platform has successfully created a significant wealth effect in the cryptocurrency field and created considerable returns for investors and users. The platform’s success is reflected not only in the rapid rise in the token’s price, but also in its ability to attract a large number of users and liquidity, thereby solidifying its position in the crypto market.
SunPump's market performance is due to its unique fair launch mechanism and effective ecological incentive plan, which have attracted a large number of investors and project parties to participate in the development of the platform. Especially driven by the Memecoin craze, tokens issued on the SunPump platform, such as SUNDOG, have quickly achieved hundreds or even thousands of times of appreciation, attracting widespread market attention and active participation from investors. This rapid rise in token prices has greatly magnified the wealth effect of investors and stimulated the enthusiasm of more users to join the platform.
SunPump’s growth momentum is not limited to the token price, but is also reflected in the overall platform activity and user engagement. Since its launch, the transaction volume and number of users of the SunPump platform have continued to rise, indicating that its platform effect is gradually emerging. According to data from data analysis platform Dune, SunPump’s token issuance volume and trading activity have increased significantly in a short period of time, significantly increasing the platform’s market influence and appeal.
5. Broad prospects for the future - working together to build the TRON ecosystem
As the first fair launch platform for meme coins on TRON, SunPump not only fills the gap of the "one-click coin issuance" platform in the TRON ecosystem, but also demonstrates great development potential. As more and more creators and developers join, SunPump is expected to lead a new round of meme coin craze by leveraging the unique advantages of the TRON ecosystem.
In the future, SunPump will continue to be committed to promoting innovation and progress in the meme ecosystem, and bring more opportunities and value to the community by continuously optimizing platform functions and user experience. At the same time, with the continuous expansion of the TRON ecosystem, SunPump will also usher in more cooperation and development opportunities, further consolidating its leading position in the meme market.
Final Thoughts
Combined with the above advantages, TRON can attract a large amount of external liquidity, which greatly helps the continuous expansion of the market value of its on-chain assets. For the fully game-based crypto market, sufficient liquidity can help all investors play the game more attentively.
No one can refuse another allocation of funds. On TRON, every meme has the opportunity to become the next golden dog.
