Justin Sun, founder of
Tron, has been grabbing many eyeballs with his new crypto venture, a
memecoin generator, named
SunPump. Upon its launch, the platform raked in more than
$1M in revenue within just 11 days. SunPump gives users the ability to create their own meme coins on the
Tron blockchain, sparking speculation of the next big meme coin craze similar to SHIB or DOGE. One notable success story is
SunWukong, a meme coin, which saw an investment of $1K skyrocket to a staggering
$750K. Further pushing the market,
Binance announced plans to list
Sundog, another meme coin that surged by over 100x, seemingly eating into Solana's dominance. Justin Sun predicts the Tron blockchain's first billion-dollar meme coin as SunPump continues to gain traction. Despite this success, Tron's price fell by 6%, even as Justin Sun predicted a $4B revenue from his meme coin strategy. In light of controversy and market volatility, Justin has promised to combat FUD with a $1B fund and has also been seen buying Ether during market dips. Furthermore, he seems to be working on a gas-free transaction stablecoin solution for Tron and EVM chains. Binance, meanwhile, has added monitoring tags to SUN and several other coins.
SUN Coin News Analytics from Mon, 29 Jan 2024 08:00:00 GMT to Thu, 22 Aug 2024 21:30:43 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor 5
