SunPump, a recently launched Tron-based memecoin generator, has overtaken competitor PumpFun in daily revenue, signaling growing traction for the platform among crypto enthusiasts. On Wednesday, SunPump recorded approximately 7,531 newly launched tokens, generating a revenue of 3.65 million TRX, equivalent to around $548,000 at current market prices, according to data from Dune.
This surge in revenue marks a significant lead over PumpFun, which generated 2,575 SOL, worth about $367,195, during the same 24-hour period. PumpFun saw the creation of 6,941 tokens on Wednesday, indicating that SunPump is gaining momentum despite being a newer entrant in the memecoin space.
SunPump, launched just last week, has quickly become a popular tool for generating memecoins, with some tokens experiencing notable price volatility. For instance, $SUNDOG, one of the tokens created through SunPump, spiked by 25% on Tuesday to hit $0.25 before retreating to $0.21, reflecting a 12.6% drop over the past 24 hours, according to CoinGecko. Despite the recent dip, $SUNDOG’s market capitalization still hovers around $216 million, after briefly surpassing $250 million on Wednesday.
In contrast, PumpFun, which launched in January, has facilitated the creation of more than 1.8 million tokens since its inception.
Tron founder Justin Sun has been heavily promoting SunPump on X (formerly Twitter), even adding a link to the memecoin generator in his profile bio. “Tomorrow, a new version of @sunpumpmeme will be launched, significantly improving stability. The data discrepancies and K-line issues everyone reported will also be fully resolved. TO THE SUN,” Sun posted.
The price of TRX, Tron’s native token, has dropped 4.25% over the past 24 hours to $0.15 but has risen 15.56% in the last week. The token’s market cap now stands at $13.3 billion.
SunPump’s early success suggests that it could play a significant role in the growing Tron ecosystem, particularly as interest in memecoins continues to rise.
