{"id":36389,"date":"2024-08-21T12:12:25","date_gmt":"2024-08-21T12:12:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trons-revenue-hits-24-hour-high-of-3-84m-amid-sunpump-hype\/"},"modified":"2024-08-21T12:12:25","modified_gmt":"2024-08-21T12:12:25","slug":"trons-revenue-hits-24-hour-high-of-3-84m-amid-sunpump-hype","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trons-revenue-hits-24-hour-high-of-3-84m-amid-sunpump-hype\/","title":{"rendered":"TRON\u2019s revenue hits 24-hour high of $3.84m amid SunPump hype"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07_Tron-c-4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07_Tron-c-4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07_Tron-c-4-smartcrop-750x375.jpeg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07_Tron-c-4-smartcrop-363x181.jpeg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">SunPump memecoin hype has seen TRON (TRX) price, volume and revenue surge.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Following SunPump\u2019s launch, the 24-hour revenue on TRON spiked to an all-time high of $3.84 million<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/tron\/\">TRON (TRX)<\/a> continues to lead the altcoin market\u2019s top cryptocurrencies by market cap after experiencing significant gains over the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After breaking above the $0.14 resistance level reached last in late June, TRX continued higher to hit prices near $0.17 and see its market capitalization rise to over $14.3 billion. While still outside of the top 10 by market cap, the cryptocurrency is just off 10<\/span><span style=\"font-weight: 400\">th<\/span><span style=\"font-weight: 400\"> spot currently occupied by Dogecoin that has a market cap of $15.1 billion.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">TRON revenue surges amid meme coin hype<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As TRX price soars to see bulls target the all-time peak reached during the last bull market, there\u2019s fresh momentum likely to make this quest achievable.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This relates to the massive hype that currently surrounds SunPump, the fair launch platform for meme coins on <a href=\"https:\/\/coinjournal.net\/news\/tron-exceeds-bitcoin-in-daily-active-addresses\/\">TRON<\/a>. On-chain data from Dune Analytics <a href=\"https:\/\/dune.com\/hashed_official\/sunpumpmeme\" target=\"_blank\" rel=\"noopener\">shows<\/a> that SunPump has seen over 20,880 meme coins launched since its debut.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It\u2019s a milestone that has catapulted revenue for the memecoin launch platform and for TRON. SunPump revenue as at the time of writing stood at 8,353,268 TRX, or about $1.38 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, the 24-hour revenue for TRON has spiked to an all-time high of $3.84 million amid the SunPump hype.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">After the launch of <a href=\"https:\/\/twitter.com\/hashtag\/SunPump?src=hash&amp;ref_src=twsrc%5Etfw\">#SunPump<\/a>, the 24-hour revenue on <a href=\"https:\/\/twitter.com\/hashtag\/TronNetwork?src=hash&amp;ref_src=twsrc%5Etfw\">#TronNetwork<\/a> hit a new all-time high of $3.84M! <a href=\"https:\/\/t.co\/IXs0fIhndV\">pic.twitter.com\/IXs0fIhndV<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1826205688785510532?ref_src=twsrc%5Etfw\">August 21, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Meanwhile, TRON\u2019s total revenue over the month exceeds $161 million,<\/span> <a href=\"https:\/\/tokenterminal.com\/terminal\/metrics\/revenue?v=NTUyZjZm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">compared<\/span><\/a><span style=\"font-weight: 400\"> to over $45 million and $21 million for Ethereum and Solana.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The meme coin platform\u2019s massive traction \u2013 including with the outperformance of the Sundog (SUNDOG) meme coin \u2013 has helped TRON<\/span> <a href=\"https:\/\/x.com\/justinsuntron\/status\/1826208789680271757\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">outpace<\/span><\/a><span style=\"font-weight: 400\"> Ethereum and Solana in 24-hour volume.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a post on X on Aug. 21, TRON founder Justin Sun<\/span> <a href=\"https:\/\/x.com\/justinsuntron\/status\/1826208022319817108\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">touted<\/span><\/a><span style=\"font-weight: 400\"> the growth potential for TRON network\u2019s activity and SunPump\u2019s volume, noting these metrics would \u201csee a 100% daily growth.\u201d<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/trons-revenue-hits-24-hour-high-of-3-84m-amid-sunpump-hype\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) SunPump memecoin hype has seen TRON (TRX) price, volume and revenue surge. Following SunPump\u2019s launch, the 24-hour revenue on TRON spiked to an all-time high of $3.84 million TRON (TRX) continues to lead the altcoin market\u2019s top cryptocurrencies by market cap [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":36390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36389"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36389"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36390"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}