{"id":565483,"date":"2024-08-16T13:05:26","date_gmt":"2024-08-16T13:05:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=565483"},"modified":"2024-08-16T13:03:52","modified_gmt":"2024-08-16T13:03:52","slug":"defi-protocol-linked-to-justin-sun-launches-tron-meme-coin-launchpad-sunpump","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/defi-protocol-linked-to-justin-sun-launches-tron-meme-coin-launchpad-sunpump","title":{"rendered":"DeFi Protocol Linked To Justin Sun Launches Tron Meme Coin Launchpad SunPump"},"content":{"rendered":"

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.<\/span><\/p>\n

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 <\/span>Pump.fun<\/span><\/a>.<\/span><\/p>\n

\"Meme<\/p>\n

SunPump To Address Rug Pull Concerns<\/span><\/h2>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

“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.<\/span><\/p>\n

Projects Could Score Listings On Poloniex<\/span><\/h2>\n

In the interview, the Sun.io team was asked what sets their platform apart from Pump.fun, which has become a popular <\/span>meme coin<\/span><\/a> 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.<\/span><\/p>\n

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@trondao<\/a> and @sunpumpmeme<\/a> 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<\/a><\/p>\n

— SunPump (@sunpumpmeme) August 15, 2024<\/a><\/p><\/blockquote>\n