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SunPump

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From Trenchwiki, the trench encyclopedia
This is an old revision of this page, as edited by seed at 14:05, 23 October 2026. It may differ significantly from the current version.
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SunPump is a memecoin launchpad on the Tron blockchain, backed by Tron founder Justin Sun and modelled on Solana's pump.fun, that launched on 9 August 2024.[1][2]

How it works[edit]

Users pick a name, image and theme and issue a token for a few dollars. A token that reaches a market value of $69,420 is listed automatically on a decentralized exchange, against $60,000 on pump.fun at the time.[2] Graduated tokens list on SunSwap.[3] On 22 August 2024 SunPump cut its trading fee from 1% to a flat 0.76 TRX, about one cent.[2]

History[edit]

SunPump took more than $1.1 million in revenue in its first 11 days, with over 18,000 memecoins made; its biggest day, 20 August, brought almost 2.78 million TRX (about $400,000) and over 6,000 coins.[1] On 21 August Decrypt counted 7,352 tokens made on SunPump in 24 hours against 5,694 on pump.fun, and 1.98% of SunPump tokens had graduated to SunSwap that day against 1.26% of pump.fun tokens reaching Raydium.[3] Justin Sun said the "meme strategy" could bring Tron over $4 billion in revenue within 12 months, Tron recorded $3.48 million in revenue over two days, and Arkham tracked a trader who turned $1,690 into about $20 million of the token SUNDOG in six days.[2]

The surge faded within weeks: by 10 September SunPump was making fewer than 1,000 coins a day, against 6,993 on pump.fun in a single day, and TRX had dropped out of the top 10 by market value.[4]

Timeline[edit]

  • 2024-08-09: SunPump launches[1]
  • 2024-08-20: record day, over 6,000 coins created[1]
  • 2024-08-21: SunPump out-launches pump.fun in daily tokens[3]
  • 2024-08-22: trading fee cut to 0.76 TRX[2]
  • 2024-09-10: Decrypt reports daily launches below 1,000[4]

See also[edit]

References[edit]

  1. ^ Tron memecoin deployer 'SunPump' tops $1M in revenue 11 days after launch, Cointelegraph, 2024-08-21
  2. ^ Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks, CoinDesk, 2024-08-22
  3. ^ SunPump Flips Pump.Fun in Daily Meme Coins as Traders Shift to Tron, Decrypt, 2024-08-21
  4. ^ Tron Token TRX Slips as Meme Coin Traders Lose Interest in SunPump, Decrypt, 2024-09-10
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