Tron’s founder, Justin Sun, projects a surge in meme coin growth on the Tron blockchain. Sun attributes this potential boom to sustained development efforts and high community involvement in Tron’s recent meme coin initiatives. However, he expects a strong push past TRX’s previous price peak, which could result in substantial FOMO (fear of missing out)…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
The recent launch of First Ledger is reported to have contributed to the highest single-day new token issuance of 213 on the XRP Ledger (XRPL), dwarfing the October 2021 record high. 1,564 new tokens have so far been created in the last eight days with only four of them surpassing a market cap of $1…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Justin Sun, the founder of Tron, has made an announcement stating that SunPump has intentionally destroyed more than $8 million worth of SUN tokens from its available quantity. Furthermore, a further $4 million worth of tokens is scheduled to be destroyed in the near future. Within the past 24 hours, a total of 28,999,138.3071 SUN…
Justin Sun’s SunPump burned $8.24 million worth of SUN tokens using a method called buyback and burn. SunPump has switched to a 100% on-chain buyback and burn process, replacing the old LP token burning method. On September 4, Justin Sun, the founder of Tron, announced on X that SunPump has burned over $8 million worth…
The Tron ecosystem is seeing significant growth, and its community has unanimously agreed on the method of distributing cash generated by the SunPump Protocol. Justin Sun, the creator of the Tron network, solicited advice from the community about the distribution of earnings. He proposed four possible methods: repurchasing SUN tokens, enhancing liquidity in the SUN/TRX…
September 4, 2024 at 12:35 AM GST updated: September 3, 2024 at 11:48 PM 2 mins read News SunPump switches from LP token burning to a 100% Onchain buyback and burn process for enhanced transparency and simplicity. The new Onchain process ensures all transactions are recorded on the blockchain, providing immutable verification of funds burned….
TRON-based meme coin BULL makes a new millionaire as an investor witnesses his $1,200 investment rise to $10 million in just a few days. According to reports, the investor partly invested in the asset on SunPump and made additional purchases on SunSwap right after the silent launch of the meme coin. The crypto market has…
This summer, SunPump has emerged as a standout product in the crypto market, sparking a new wave of the meme coin craze. As the first fair launch and trading platform for meme coins on the TRON ecosystem, SunPump has managed to rival its competitor, Pump.fun on Solana, in daily coin issuance and protocol revenue within…
In August 2024, following substantial declines, Bitcoin and Ethereum entered a prolonged period of sideways oscillation. As the market needed new stimuli, meme coins once again became the focus of investors. In the past two weeks, the meme market has been exceptionally hot. Inspired by rags-to-riches stories, a large amount of capital has flowed into…
August 27, 2024 at 11:55 PM GST updated: August 27, 2024 at 06:56 PM 4 mins read Press Release When the big fish start swimming, the rest of the pond takes notice. BlockDAG’s presale is turning into a feeding frenzy, with whales making massive BDAG coin purchases worth $2.5 million. Read CRYPTONEWSLAND on google news…
SunPump’s revenue on the Tron Network surpassed Pump.fun, highlighting its growing influence within the ecosystem. Despite scrutiny over USDD’s stability, the Tron ecosystem remains strong, with TRX showing resilience. According to Lookonchain data, SunPump’s revenue on the Tron Network has lately surpassed that of Pump.fun on the Solana. SunPump earned 3,656,176 TRX, or roughly $571,000,…
The memecoin frenzy has reached the Tron Network after the launch of Pump.fun’s rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platform’s remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result,…
August 23, 2024 at 03:17 PM GST updated: August 23, 2024 at 12:47 PM 2 mins read News TRON’s revenue could surpass $4B, driven by its meme strategy and network expansion, with 20M daily transactions projected. SunPump’s success boosts TRX, with Sundog’s market value hitting $200M, driving TRON’s daily revenue to an all-time high. TRON’s…
August 23, 2024 at 04:00 AM GST updated: August 23, 2024 at 12:33 AM 2 mins read News SunPump’s introduction has led to the development of more than 7,000 meme coins, contributing to TRX prices and expanded network usage. The increase in meme coin listings on Tron shows that the platform has become a preferred…
Justin Sun‘s Tron blockchain’s daily revenue reached a new all-time high of $3.84 million, driven by the memecoin generator SunPump. This milestone places Tron ahead of established networks like Ethereum and Solana, which reported $1.36 million and $541,000 in daily revenue, respectively. Tron Blockchain Fees (Source: DeFillama) SunPump is driving Tron’s revenue Market observers have…
Tron is growing quickly as TRX eyes retesting its 7-year ATH. The SunPump platform is driving the hype through growing memecoin adoption. The TRON ecosystem is in the spotlight, and TRX, the native token, may register a new all-time high (ATH) soon. The emergence of SunPump and accompanying memecoin mania has set the Tron network…