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Sun Pump creates a fever in the community, TRX is predicted to increase in price

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2024-08-17 00:18:10825browse

Self-created memecoin platform Sun Pump was introduced on August 12, and in just the first few days of launch, this platform quickly attracted the attention of the community.

Sun Pump creates a fever in the community, TRX is predicted to increase in price

The crypto community's interest in creating their own meme coins remains strong even though participants know that the likelihood of their own meme coins surviving and growing is very low.

The crypto community's interest in creating their own meme coins remains strong even though participants know that the likelihood of their own meme coins surviving and growing is very low.

After the success of pump.fun, Tron founder Justin Sun quickly grasped this mentality to create his own platform.

After the success of pump.fun, Tron founder Justin Sun quickly captured this mentality to create his own platform.

Sun Pump was introduced on August 12 and has attracted the attention of the cryptocurrency community in just the first few days of launch.

Sun Pump was introduced on August 12 and has attracted the attention of the crypto community within the first few days of its launch.

Touted as a low-cost and user-friendly platform, Sun Pump has a simple interface and allows meme coin creators to easily launch their meme coins in a secure environment.

Touted as a low-cost and user-friendly platform, Sun Pump has a simple interface and allows meme coin creators to easily launch their meme coins in a secure environment.

Meme coins on Sun Pump are created through the Bonding Curve liquidity mechanism. When Bonding Curve reaches 100%, the system will automatically send meme coins to SunSwap V2 and burn.

Meme coins on Sun Pump are created through the Bonding Curve liquidity mechanism. When Bonding Curve reaches 100%, the system will automatically send meme coins to SunSwap V2 and burn.

Currently, one of the most prominent meme coins on Sun Pump is Suncat. The price of this meme coin increased by 25,000% and capitalization quickly reached 1 million USD within 9 hours.

Currently, one of the most prominent meme coins on Sun Pump is Suncat. The price of this meme coin increased by 25,000% and capitalization quickly reached 1 million USD within 9 hours.

Most recently, Tron DAO and Sun Pump collaborated to launch a $10 million Meme coin ecosystem enhancement incentive program. This amount is expected to support and promote potential meme coins on Tron.

Most recently, Tron DAO and Sun Pump collaborated to launch a $10 million Meme coin ecosystem enhancement incentive program. This amount is expected to support and promote potential meme coins on Tron.

On the positive side, the development of Sun Pump is expected to support TRX price in the near future. Among altcoins, TRX has the most positive price structure, with the current price still within the highest range of the previous cycle, unlike other altcoins.

On the positive side, the growth of Sun Pump is expected to support TRX price in the near term. Among altcoins, TRX has the most aggressive price structure, with current prices still within the highest range of the previous cycle, unlike other altcoins.

However, unless Justin Sun's new platform has a more groundbreaking development strategy, it will just stop at a temporary "trend" move of the founder of Tron.

However , unless Justin Sun's new platform has a more groundbreaking development strategy, it will just stop at a temporary "trend" move of the Tron founder.

Join the BeInCrypto Community on Telegram to learn about technical analysis, discuss cryptocurrencies, and get answers to all your questions from our experts and professional traders me.

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