CandleFocus

TRON meme culture lags despite ambitions of flipping Pump.fun

Author: Content Editor
Despite the new buying frenzy surrounding meme tokens on Ethereum and Solana, TRON (TRX) has struggled to attract meme culture and has lagged behind other chains. The Sun Pump launch platform on TRON failed to gain traction, while Pump.fun on other chains saw high daily token launches. TRON-based meme tokens have a smaller valuation compared to those on Solana and have not gained attention from major exchanges. Only a few tokens on TRON have achieved significant valuations, with most assets being inactive or low-value. The slow start to meme tokens on TRON is attributed to factors such as limited liquidity on the TRON-based DEX, the need to use TRON wallets, and limited TRON bridging options. TRON users are more interested in trading and moving USDT than in meme culture. Despite this, the TRON network remains highly active with a large number of daily active accounts. The market price of TRX has recovered but has not reached its all-time high.

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