DeFi Protocol Linked To Justin Sun Launches Tron Meme Coin Launchpad SunPump

A
decentralized
finance
protocol
by
the
name
of
Sun.io,
which
is
linked
to
Tron
founder
Justin
Sun,
has
launched
a
Tron
meme
coin
creation
platform
called
SunPump.

The
platform
will
allow
users
to
create
meme
coins
on
the
Tron
blockchain,
which
will
put
it
in
direct
competition
with
the
Solana
meme
coin
launchpad


Pump.fun.

SunPump
To
Address
Rug
Pull
Concerns

Although
meme
coins
are
often
launched
as
a
joke,
there
are
multiple
examples
of
these
light-hearted
projects
climbing
the
crypto
ranks
to
establish
a
name
for
themselves
in
the
nascent
crypto
space.
Altcoins
such
as
Shiba
Inu
(SHIB),
Pepe
(PEPE)
and
Dogwifhat
(WIF)
have
all
risen
on
the
charts
after
building
a
loyal
following.

Platforms
such
as
Pump.fun
have
made
it
relatively
simple
and
cheap
for
anyone
to
create
their
own
meme
coin.
This
has
subsequently
made
it
a
lot
easier
for
bad
actors
to
enter
the
market
and
rug
pull
tokens
after
investors
have
bought
into
the
cryptos.

The
Sun.io
team
aims
to
address
this,
and
said
in
a
recent
interview
that
the
team
is
committed
to
an
enhanced
review
process,
community
insight
as
well
as
promoting
transparency
to
ensure
the
trust
and
safety
of
the
platform’s
users.

“SunPump
conducts
a
thorough
vetting
of
creators
and
projects
before
they
are
allowed
to
launch
on
the
platform,
helping
to
ensure
that
they
meet
specific
standards
of
integrity,”
the
team
added.

Projects
Could
Score
Listings
On
Poloniex

In
the
interview,
the
Sun.io
team
was
asked
what
sets
their
platform
apart
from
Pump.fun,
which
has
become
a
popular


meme
coin

launchpad
for
developers
over
the
past
few
months.
The
team
said
any
projects
that
maintain
a
$1
million
daily
trading
volume
for
3
days
will
get
listed
on
the
Poloniex
exchange,
which
is
made
possible
through
their
partnership
with
the
platform.

@trondao
and

@sunpumpmeme
are
jointly
launching
a
$10M
Meme
Ecosystem
Boost
Incentive
Program,
exclusively
for
tokens
launched
on
SunPump!
This
initiative
is
designed
to
supercharge
projects
with
resources
and
support
to
reach
new
heights.

pic.twitter.com/bplApz3bI2

—
SunPump
(@sunpumpmeme)

August
15,
2024

Tron
and
SunPump
will
also
allocate
$10
million
towards
the
creation
of
the
Meme
Ecosystem
Boost
Incentive
Program.
This
initiative
is
designed
to
provide
resources
to
newly-launched
tokens.

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