en
Back to the list

SunPump tops Pump.fun in 24-hour memecoin revenue

source-logo  cryptobriefing.com  + 1 more 23 August 2024 00:14, UTC

SunPump generates $567,000 in a day, overtaking Pump.fun's earnings.

Key Takeaways

  • SunPump generated $567,000 in revenue from 7,531 memecoins on a single day.
  • SunPump's daily earnings surpassed PumpFun's by a significant margin.
  • SunPump, a Tron-based memecoin generator, recently surpassed Pump.fun in daily revenue, marking a significant milestone in the memecoin market.

    On Wednesday, SunPump generated approximately 3.65 million TRX, equivalent to about $567,000, from 7,531 memecoins launched. This figure outpaced Pump.fun’s revenue of 2,575 SOL, valued over $368,000, from 6,941 tokens.

    The data, provided by crypto VC firm Hashed, highlights the growing traction of SunPump in the competitive memecoin landscape.

Earlier this month, Justin Sun introduced SunPump, a Tron-based memecoin generator, marking Tron's entry into the competitive memecoin market.

Meanwhile, Pump.fun, a Solana-based memecoin launchpad also known as Pump.fun, is nearing $100 million in cumulative revenue, illustrating rapid growth since its inception eight months ago.

In May, Pump.fun surpassed Ethereum to become the top daily revenue generator across all blockchains, with $2 million in daily revenue from memecoin transactions.

cryptobriefing.com

Similar news (1)
Add similar news