Tron-based SunPump memecoin generator flips PumpFun in daily revenue

SunPump, a Tron TRX +0.81% -based memecoin generator, has flipped PumpFun in 24-hour revenue as the new memecoin developer appears to start gaining traction.

On Wednesday, SunPump saw about 7,531 launched through the generator, generating daily revenue of 3.65 million TRX, or about $548,000 based on TRX’s current price, according to data from Dune. 

On-chain data showed that that surpassed PumpFun’s daily revenue of 2,575 SOL, worth about $367,195. On Wednesday, about 6,941 tokens were created with PumpFun.

Launched last week, SunPump has been used to generate memecoins, with some seeing significant price fluctuations. Sundog, for example, jumped 25% at one stage yesterday to change hands at about $0.25, but it has retreated to $0.21 at the time of writing, down 12.6% over the past 24 hours, according to CoinGecko. The memecoin’s market capitalization currently stands at $216 million after briefly eclipsing $250 million on Wednesday.

Meanwhile, PumpFun has facilitated the generation of more than 1.8 million tokens since launching in January.

Tron Founder Justin Sun has been posting intensively on X about SunPump over the past few days and even added 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 wrote in a post .

The price of Tron’s TRX token slid 4.25% over the past 24 hours to change hands at $0.15, but it has risen 15.56% during the past week, according to The Block’s price page . Its market cap now stands at $13.3 billion.