SunPump Surges Past PumpDump, Mints More Daily Meme Coins on Tron
CryptoNewsTerminal Staff22 Aug, 2024
SunPump Surges Past PumpDump, Mints More Daily Meme Coins on Tron
SunPump, a meme coin issuance platform on the Tron blockchain, has surpassed PumpDump on Solana in terms of the number of meme coins minted in a single day. According to Dune Analytics data, SunPump created 7,352 meme coins over a 24-hour period, compared to 5,694 on PumpDump. This marks a significant increase in SunPump's activity, as it had previously been minting fewer meme coins than PumpDump. The surge in SunPump's activity may be due to a number of factors, including the growing popularity of meme coins and the Tron blockchain's low transaction fees. Tron currently has the most active wallets in the past 24 hours with 2.35 million, compared to 967,000 on Solana. SunPump's success highlights the potential of the meme coin market and the Tron blockchain. As the popularity of meme coins continues to grow, it is likely that SunPump and other similar platforms will continue to see increased activity.
