Meme cash are undoubtedly probably the most compelling narrative of 2024.
Since transactions are processed shortly and costs are comparatively low, with most of them taking place on Solana, we’re used to most new product launches taking place there.
However will this modification?
Is Meme coin coming to TRON quickly?
Information from common analytics useful resource Lookonchain reveals that one dealer lately managed to realize over 100x features, buying 6.87 million SUNDOG tokens for $650 and promoting them for over $68,000 simply 7 hours later .
The dealer continues to carry one other $76,000 value of meme cash.
We seen that some merchants achieved 100x features on their trades #MEMEcoins At #wavefieldnetwork!
Dealer “TEP7…T1da” spent 5,000 $TRX($650) Buy 6.87 million items $ simulate and bought 4.57 million items at 522,840 $TRX($68,000), revenue $517,840 $TRX($67.3K) 104x return in simply 7 hours!
He additionally holds 2.29 million… pic.twitter.com/6kREFmtTCv
— Lookonchain (@lookonchain) August 16, 2024
In fact, it is value noting that this is also an insider or group member, however features like this aren’t exceptional within the meme coin area, with valuations exploding in a matter of hours.
TRON community exercise surges
The most recent knowledge from IntoTheBlock additionally reveals that on-line exercise on TRON is surging.
Final week, the TRON community hit a brand new yearly excessive, with every day transaction quantity reaching 7.99 million.
At the moment, the TronDAO community maintains a formidable common of over 7 million transactions per day.
Final week, the TRON community hit a brand new yearly excessive, with every day transaction quantity reaching 7.99 million.
at current, @trondao The common every day transaction quantity on the community is over 7 million, which is spectacular. pic.twitter.com/cmJkHFoq3y
— IntoTheBlock (@intotheblock) August 16, 2024
Moreover, over the previous 30 days, the community has generated considerably increased charges in comparison with Ethereum, basically making it probably the most worthwhile chain proper now.
That mentioned, Justin Solar additionally lately revealed the creation of a protocol known as SunPump, which is analogous to PumpFun and goals to supply customers with a straightforward solution to launch meme cash and shield them from rug pulling.
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