TRON Meme Coins SUNDOG & SUNCAT Surge 25,000% After SunPump Launch

The primary objective of TRON’s SunPump—to advance the meme economy—seems to be materializing, as several meme coins have been onboarded onto the platform, with some witnessing significant surges in a short period.

According to reports, TRON meme coins SUNDOG and SUNCAT saw their market caps increase by more than 25,000% within the first few hours of trading on SunPump. These two meme coins are experiencing explosive growth.

As reported by the Twitter handle Blockchain Daily, the SUNDOG meme coin surged by over 50,000% within the first three hours of trading on SunPump. Similarly, the SUNCAT meme coin surged by 25,000% in the first nine hours of trading.

Another report indicated that the meme coin soared from a market cap of around $5,000 to approximately $4 million, representing a pump of over 75,000%.

This development was followed by other exciting news from SunPump. According to Justin Sun, the transaction fee on TRON and SunPump has been reduced to $0.04576 (circa 0.352 TRX) per transaction.

TRON Developers Fixing Bugs on SunPump

Following the launch of the SunPump platform and the mass onboarding of meme coins, the platform experienced some glitches. However, Justin Sun announced that the bugs have been or are being resolved by developers.

The massive recognition SunPump gained in the hours following its launch, coupled with the rapid progress of meme coins on the platform, led to more traffic than anticipated. This unprecedented level of traffic resulted in technical issues, but these have reportedly been fixed by the developers.

In another tweet, the founder of the California-based blockchain technology company explained the reason for the delayed launch and the time-consuming process of launching tokens on the platform, citing the exhaustion of energy after maxing out the bonding curve as the cause. He also declared that the issue has now been resolved, allowing for the immediate launch of tokens on the platform. Sun stated that the platform is now functioning as expected and that “all tokens will be launched and listed immediately.”