What Is SunPump Launchpad, and How to Create TRON Memecoins On It?

What Is SunPump Launchpad, and How to Create TRON Memecoins On It?

What Is SunPump Launchpad, and How to Create TRON Memecoins On It?
ट्यूटोरियल

Discover SunPump, TRON’s new memecoin launchpad inspired by Solana’s Pump.fun. Learn how it offers an easy, low-cost way to create and trade memecoins, with rapid growth evident from 25,000 tokens launched and over $1.5 million in revenue in just two weeks.

What Is SunPump? 

SunPump is a new memecoin launchpad built on the TRON network, launched in August 2024. Inspired by Solana's Pump.fun, A TRON-based memecoin launchpad, SunPump provides users with an easy and low-cost way to create and trade memecoins. Within just 10 days of its debut, the platform attracted significant attention by allowing users to deploy tokens without any coding skills. Its low entry barriers and streamlined processes have made it appealing to both newcomers and seasoned crypto enthusiasts. SunPump's rapid growth is evident in the 25,000 memecoins launched and over $1.5 million in revenue generated within its first two weeks. This success has positioned TRON as a competitive player in the memecoin space, boosting network activity and drawing more liquidity into the ecosystem. 

 

Number of tokens created on SunPump | Source: Dune Analytics 

 

SunPump has quickly become a central part of TRON’s growth strategy, supported by Justin Sun’s promotional efforts and a $10 million incentive program to boost new projects. This platform’s integration with TRON’s high-speed, low-fee ecosystem, coupled with its user-friendly design, has driven widespread adoption. Notable tokens like Sundog and SunWukong have gained significant market caps within hours of launch, highlighting SunPump’s potential to dominate the memecoin sector.

 

How Does SunPump Work? 

How SunPump works | Source: SunPump docs 

 

SunPump is a TRON-based platform launched in August 2024 that allows users to create and trade memecoins with ease. It’s designed to be user-friendly, enabling anyone to generate tokens without any coding knowledge. The process involves entering basic information like a token name, symbol, and image, and paying a small fee, typically around 20 TRX. Once launched, these tokens are instantly tradable on the platform.

 

SunPump uses a bonding curve model to set token prices. As demand increases, the price rises gradually along a curve, ensuring continuous liquidity and a dynamic trading environment. When a token’s market cap reaches $69,420, liquidity is automatically added to SunSwap, TRON’s decentralized exchange, ensuring stability and preventing market manipulation.

 

SunPump’s integration with the TRON blockchain leverages fast transaction speeds and low fees, making trading more efficient. Additionally, the platform incorporates security measures like project vetting and community oversight to reduce risks like rug pulls. SunPump’s accessibility and low-cost approach have rapidly made it a popular hub for memecoins, driving significant activity and liquidity on the TRON network​. 

 

Key Features of SunPump 

  • User-Friendly for Creating Memecoins: SunPump is designed to be accessible for everyone, even those with no technical background. You can create and launch a TRON memecoin with just a few clicks—enter a name, symbol, and image, and pay a small fee. The platform’s simple interface makes it easy for new users to navigate the process, enabling swift token creation and immediate market engagement.

  • Bonding Curve Model: SunPump uses a dynamic bonding curve to determine token prices. As more tokens are purchased, the price increases along a preset curve, ensuring fair market conditions. This model helps maintain liquidity and reduces the chances of price manipulation, offering a transparent trading environment where prices reflect real-time demand.

  • TRON Blockchain Integration: SunPump leverages TRON’s high-speed transactions and low gas fees, making it an ideal platform for memecoin trading. The TRON network’s vast liquidity, bolstered by $60 billion in stablecoins, ensures smooth transactions and sufficient market depth. These features allow SunPump to offer a more cost-effective and efficient trading experience compared to other platforms. 

Why Is SunPump Gaining Popularity? 

SunPump has quickly emerged as an interesting trend in the memecoin sector, overtaking Solana’s Pump.fun in key metrics like daily token launches and revenue. On August 21, 2024, SunPump saw 7,351 new tokens created and generated $585,000 in revenue, surpassing Pump.fun’s 6,701 tokens and $366,000 in revenue. This shift happened just 12 days after SunPump’s launch, highlighting the platform’s rapid growth and increasing appeal to memecoin traders.

 

SunPump vs. Pump.Fun: Number of transactions | Source: Dune Analytics 

 

Notable tokens like Sundog (Sundog) have driven SunPump’s success, reaching a market capitalization of $270 million. The platform’s higher token listing success rate—1.98% on Sunswap compared to Pump.fun’s 1.26% on Raydium—has attracted traders looking for better opportunities. The growing activity on SunPump has also boosted TRON’s daily revenue to a record $3.84 million, marking significant progress for the network. 

 

Here are some reasons why SunPump became so popular within a few days of its launch: 

 

  • You can launch a memecoin with just 20 TRX, making it accessible even to newcomers. 

  • The platform’s fair launch mechanism, which avoids pre-sales and team allocations, also appeals to those wary of market manipulation. 

  • Another driving force behind SunPump’s success is the active promotion by TRON’s founder, Justin Sun. His strategic marketing efforts, including social media campaigns and incentive programs, have brought in over 10,000 users in just the first week. 

  • This, combined with TRON’s fast, low-fee transactions, has positioned SunPump as a strong competitor in the memecoin space, even challenging Solana’s dominance. 

How to Create Memecoins on SunPump

Creating a memecoin on SunPump is straightforward and accessible to everyone, even those with no coding experience. Here’s a step-by-step guide to help you launch your own token:

 

Step 1: Set Up Your Wallet

First, you need a TRON-compatible wallet like TronLink. Ensure you have enough TRX tokens to cover the creation fees, which is around 20 TRX. Fund your wallet by purchasing TRX from exchanges like KuCoin.

Step 2: Access the SunPump Platform

Visit the SunPump website and connect your wallet. The platform has an intuitive interface that guides you through the token creation process. You can connect TRON wallets, such as TronLink. Remember, TRON is not an EVM-compatible wallet, so you cannot use MetaMask with TRON network

 

 

Step 3: Create Your Memecoin

Click the “Create Token” button. You’ll be prompted to enter a token name, ticker symbol, and image. After completing these details, pay the creation fee. Your token will be automatically deployed and immediately available for trading.

 

 

Step 4: Understand the Bonding Curve Model

SunPump uses a bonding curve mechanism that adjusts token prices based on demand. As more people buy your token, the price increases along the curve. This ensures continuous liquidity and fair pricing without the need for pre-sales or team allocations.

 

Step 5: Trading and Liquidity

Once your token reaches a market cap of $69,420, the platform injects liquidity into SunSwap V2, enhancing stability. You can trade your token or list it on decentralized exchanges like SunSwap right after creation, providing instant access to the market.

 

 

This simple process allows you to create and trade memecoins effortlessly, making it a popular choice for both beginners and experienced users. 

 

Top Memecoins Launched on SunPump

Several memecoins on SunPump have gained massive attention and significant market capitalization. Here are a few standout tokens:

 

  1. Sundog (SUNDOG): This token quickly rose to prominence, reaching a market cap of $53.4 million within just eight hours of its launch. Its success highlights SunPump’s potential as a launchpad for viral memecoins.

  2. SunWukong (SUNWUKONG): Another popular token, SunWukong saw an early investor turn $1,000 into $750,000, showcasing the explosive growth possible on SunPump.

  3. SunCat (SUNCAT): While not as big as Sundog, SunCat has also attracted attention, hitting a market cap of $2.2 million shortly after its launch. This token demonstrates the platform’s ability to create valuable assets even for smaller-scale projects.

These tokens have contributed to the platform’s rapid adoption, attracting both traders and creators eager to capitalize on the memecoin craze.

 

SunPump vs. Pump.fun: Which One is Better? 

SunPump, built on the TRON network, has quickly surpassed Solana’s Pump.fun in several metrics, including daily token launches and revenue generation. SunPump recently launched over 7,500 memecoins in a single day on August 21, 2024, generating $567,000, while Pump.fun saw only 6,900 tokens launched and generated $368,000. This stark contrast reflects SunPump’s rapid rise in the memecoin market.

 

Success Rate and Ecosystem Integration

One of SunPump’s advantages lies in its higher success rate for token listings on decentralized exchanges. Nearly 2% of tokens launched on SunPump reach TRON’s Sunswap, compared to just 1.26% of Pump.fun tokens reaching Solana’s Raydium. This indicates that SunPump better filters and supports higher-quality projects, giving its users a more reliable ecosystem for trading.

 

Community and Promotion

SunPump’s growth is also fueled by active promotion from TRON’s founder, Justin Sun, and a $10 million incentive program aimed at boosting memecoin activity. This has attracted a larger and more engaged community, driving higher daily activity and revenue. On the other hand, while Pump.fun pioneered the memecoin launchpad model, it has recently struggled to maintain its early momentum as users shift toward more promising platforms like SunPump.

 

Platform Security and User Trust

Pump.fun has faced criticism for enabling rug pulls and low-quality token launches, a problem SunPump addresses by implementing stricter review processes and community oversight. These measures help build user trust and prevent bad actors from exploiting the platform, making SunPump a safer environment for memecoin creators and traders.

 

As of this writing, it’s too early to say which one is better, given the short time since SunPump’s launch. 

 

Risks and Challenges of Using SunPump

While SunPump offers many advantages, it also comes with significant risks: 

 

  • Like most memecoin platforms, high volatility is a concern. Prices can spike quickly due to hype and then crash just as fast, leading to potential losses. 

  • Another risk is the prevalence of rug pulls, where creators abandon projects after collecting investments. Despite SunPump’s efforts to enhance security through community oversight and transparency, these risks remain. 

  • Additionally, the simplicity of launching tokens makes it easy for bad actors to create low-quality or scam tokens. 

As with any memecoin platform, you should be cautious, conduct thorough research, and stay alert for red flags like anonymous teams or poorly executed projects. 

 

Closing Thoughts

SunPump is rapidly gaining traction by capitalizing on the ongoing memecoin craze, positioning itself as a strong competitor to Solana’s Pump.fun. While its growth is impressive, the long-term sustainability of many of these memecoins remains uncertain due to the inherent volatility in this sector. Nevertheless, SunPump is significantly boosting the development of the TRON ecosystem, drawing in a larger user base and increasing liquidity on the network. Backed by TRON’s efficient infrastructure and Justin Sun’s strategic marketing, SunPump offers both creators and traders a low-cost and accessible platform. 

 

Further Reading