Sun.io Launches Meme Coin Platform, Sparks Explosive Gains
The post Sun.io Launches Meme Coin Platform, Sparks Explosive Gains appeared on BitcoinEthereumNews.com.
Sun.io, the DeFi protocol associated with Tron founder Justin Sun, has unveiled a new platform called SunPumpMeme. This initiative allows users to create their own meme coins on the Tron blockchain, further expanding the realm of decentralized finance. š Just In: The DeFi protocol https://t.co/0LOPXaqZgS, linked with Tron founder @justinsuntron, has launched @sunpumpmemeāa new platform empowering users to create their own meme coins on the Tron blockchain! šš° Get ready to dive into the world of TRON memes! š #DeFi #TRONā¦ ā Crypto News (CoinGape) (@CoinGapeMedia) August 16, 2024 The launch has already made waves in the crypto community. Within the first three hours of trading, the new Tron-based memecoin $SUNCAT surged an astonishing 50,000%, reaching a market cap of $1 million after just nine hours of trading. šØBREAKING: #TRON MEMECOIN $SUNDOG PUMPS 50,000% IN FIRST 3 HOURS OF TRADING ON @SUNPUMPMEME pic.twitter.com/uEOIlgwVnW ā Blockchain Daily (@blckchaindaily) August 16, 2024 Some Traders Hit Massive Profits From Trading Memecoins On Tron NetworkĀ According to Lookonchain, some traders have achieved remarkable profits from trading meme coins on the Tron network. Notably, a trader identified as āTEP7ā¦T1daā invested 5,000 TRX (about $650) to purchase 6.87 million $SUNDOG tokens. Within just seven hours, they sold 4.57 million of these tokens for 522,840 TRX (approximately $68,000), netting a profit of 517,840 TRX (around $67,300), which translates to an impressive 104x return. We noticed that some traders have made 100x gains trading #MEMEcoins on the #TronNetwork! TraderāTEP7ā¦T1daā spent 5,000 $TRX($650) to buy 6.87M $SUNDOG and sold 4.57M for 522,840 $TRX($68K), making 517,840 $TRX($67.3K) in just 7 hours, a 104x return! He still holds 2.29Mā¦ pic.twitter.com/6kREFmtTCv ā Lookonchain (@lookonchain) August 16, 2024 Currently, this trader still holds 2.29 million $SUNDOG tokens, valued at $76,000 in unrealized profits. The swift and substantial gains from meme coin trading onā¦
Filed under: News - @ August 18, 2024 2:40 am