TRON Memecoin Revival? SunPump Sees Surge in Token Activity

• TRON’s memecoin resurgence is driven by SunPump, with 2.84M transactions since August.
• TRX leads the market, while BitTorrent and APENFT show mixed price movements.
• SUNDOG’s 13.2% rise signals growing interest in SunPump’s new projects.

The TRON ecosystem is witnessing a resurgence in memecoin activity, particularly on the SunPump platform. New data reveals a major jump in transactions per token, signaling a fresh wave of interest in meme assets built on TRON. 

According to Satoshi Club, over 95,000 tokens have been created on the network since August. Total transactions have blown past 2.84 million now. This sudden increase in activity raises speculation on whether TRON’s memecoin season is making a strong comeback.

TRON Ecosystem Performance: A Quick Look

The TRON ecosystem currently holds a market capitalization of $22.05 billion, reflecting a 2.75% decline. Additionally, the ecosystem recorded a 24-hour trading volume of $715.13 million, representing a 23.35% drop. Despite these figures, TRON’s top tokens continue to exhibit varying price movements.

TRON (TRX) remains the dominant token, trading at $0.2334. It recorded a 0.65% gain in the last hour, a 2.73% decline over 24 hours, and a 2.28% increase over the past week. TRX holds a market capitalization of $20.09 billion, with a daily trading volume of $511.43 million and a circulating supply of 86.09 billion tokens.

Related: Tron’s SUN Token Burn: First-Ever Event Following SunPump Success

Key Tokens in the TRON Network

BitTorrent (BTT) follows, priced at $0.0008822, with a 0.67% gain in the past hour, a 1.02% increase over 24 hours, and a 2.68% weekly rise. BTT has a market cap of $869.92 million and a daily trading volume of $17.73 million, with 986.06 trillion tokens in circulation.

APENFT (NFT) is currently valued at $0.0004398, reflecting a 0.25% hourly increase, a 2.28% decline in 24 hours, and a 0.79% drop over the past seven days. The token’s market cap is $439.80 million, with a trading volume of $23.00 million and a circulating supply of almost 1 quadrillion NFT.

Meanwhile, JUST (JST) trades at $0.03333, recording a 0.23% increase in the last hour, a 1.65% drop over 24 hours, and a 2.44% gain in the past week. JST has a market capitalization of $329.95 million, with a 24-hour trading volume of $33.63 million and a supply of 9.9 billion tokens.

SunPump Ecosystem Growth

The SunPump ecosystem shows signs of growth, with its total market cap reaching $48.80 million, reflecting a 3.64% increase. However, trading volume decreased by 8.03% over the past 24 hours, settling at $27.55 million.

SUNDOG (SUNDOG) leads the SunPump ecosystem, priced at $0.03622. It recorded a 4.08% hourly increase, a 9.76% rise in the last 24 hours, and a 13.20% gain in seven days. Its market cap stands at $36.12 million, with a trading volume of $24.51 million and a circulating supply of 997.42 million SUNDOG.

Tron Bull (BULL) follows, trading at $0.005153, with a 0.19% hourly gain but a 4.45% decline over 24 hours and a 13.31% weekly drop. Its market capitalization stands at $4.89 million, with a daily trading volume of $341,799 and 950.27 million tokens in circulation.

Related: TRON DeFi Explodes with SunPump Launch, DEX Volumes Surge 150%

Tron Bull (TBULL) is valued at $0.002825, experiencing a 0.55% decline in the last hour, an 11.71% drop over 24 hours, and a 10.83% decrease in seven days. It has a market cap of $2.82 million, with a daily trading volume of $608,565 and a supply of 999.99 million TBULL.

SUNCAT (SUNCAT) is priced at $0.001739, rising 0.68% in the past hour, gaining 1.24% over 24 hours, and increasing by 8.91% over seven days. It holds a market capitalization of $1.73 million, with a trading volume of $1.61 million and 1 billion tokens in circulation.