SunPump, the token issuance platform, generated over $500000 in daily revenue, surpassing Pump.fun
According to The Block, SunPump, the Tron ecosystem token issuance platform that was just launched last week, surpassed its main competitor pump.fun in daily revenue on Wednesday (21st).
According to Dune's data, about 7531 tokens were issued through SunPump on Wednesday, generating approximately 3.65 million TRX token issuance revenue in a single day, worth about 548000 US dollars, exceeding the daily revenue of 2575 SOL (worth about 367000 US dollars) from pump.fun, a similar platform on the Solana chain. About 6941 tokens were created on pump.fun on Wednesday.
SunPump is mainly used to generate meme coins, some of which have experienced significant price fluctuations. For example, Sundog token surged by 25% yesterday, with a trading price of $0.25, but fell back to $0.21 before the deadline, a decrease of 12.6% in the past 24 hours. Pump.fun has generated over 1.8 million tokens since its launch in January.
Sun Yuchen, the founder of the public chain Tron, has been frequently posting news about SunPump on the X platform in the past few days, and even added a link to the SunPump website on his X profile. In his just posted tweet, he wrote, "People used to say I was the announcement king, and you're right! In the coming weeks, we will be releasing a large number of announcements, so it's best for you to be prepared
Sun Yuchen even started playing puns, taking advantage of the recent popularity of the Chinese 3A game "Black Myth: Wukong" and jokingly associating "Wukong" with "don't short sell".
Some tokens related to Sun Yuchen have shown significant gains in the past few days, with Tron's native token TRX seeing a 14% increase this week and a price of $0.154 as of the deadline. SUN's increase this week is as high as 70%, with a price of 0.173 US dollars before the deadline.
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