CandleFocus This Is How Solana’s Pump.fun Plans to Challenge Tron’s SunPump
2024-09-09
Author: Content Editor
Solana's meme coin launchpad, Pump.fun, is currently in competition with Tron's SunPump for market dominance in the meme coin space. Solana's project accelerator, Orbitt, announced that its market-making service, Orbitt MM, now supports volume boosts for Pump.fun. This integration is expected to increase trading volume and visibility for Pump.fun token launches, attracting more investors and capital to the platform. Meanwhile, SunPump, backed by Tron's extensive liquidity, continues to challenge Pump.fun's dominance. Despite the competition, Pump.fun remains resilient, leading in revenue metrics and new active addresses. The rise of meme coin rug pulls poses a risk to both launchpads, highlighting the need for caution among investors.
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