Justin Sun, the founder of TRON,
launched a new platform called Sunpump on August 13, 2024.
The SunPump platform is a new
initiative that allows users to create and trade memecoins on the TRON
blockchain.
It’s designed to be a fair launch
platform where memecoins can be swapped, earned, and become part of the meme
culture, all while being instantly tradable without the need to seed liquidity.
SunPump is being compared to Solana’s
pump.fun, but with a focus on security and community governance to prevent
scams like rug pulls.
SunPump conducts a thorough vetting of
creators and projects before they are allowed to launch, ensuring they meet
specific standards of integrity.
Moreover, the platform also includes a
Meme Ecosystem Boost Incentive Program, with a $10 million investment to
support new tokens and help them gain traction in the market.
Projects that achieve a $1 million
daily trading volume for three consecutive days will be listed on the Poloniex
exchange, providing them with instant visibility and liquidity.
Justin Sun’s initiative reflects the
growing interest in memecoins among crypto community and aims to create a safer
environment for crypto enthusiasts to participate in the meme coin market.
