Pepe

Memecoin

Shiba Inu

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/justin-sun-introduces-sunpump-for-creating-memecoins-on-tron-blockchain/" data-wpel-link="internal">Justin Sun Introduces SunPump for Creating Memecoins on Tron Blockchain</a> 
Tron (TRX) network’s founder Justin Sun launched a decentralized finance (DeFi) platform Sun.io, introducing a new token creation tool called SunPump. SunPump allows users to create their own memecoins on the Tron Blockchain, directly competing with Solana’s (SOL) popular <a href="https://en.coin-turk.com/memecoin-surges-with-exchange-listing/" data-wpel-link="internal">memecoin</a> creator pump.fun. 
<h2 style="text-align: justify" id="strong-offering-a-secure-and-supportive-ecosystem-against-memecoin-frauds-strong">Offering a Secure and Supportive Ecosystem Against Memecoin Frauds</h2> 
Recently, the bull run in the cryptocurrency market has led to a rapid increase in the value of memecoins. Shiba Inu (SHIBA), Pepe (PEPE), Dogwifhat (WIF), and Floki Inu (FLOKI) have reached billion-dollar market values, attracting significant attention. This situation has also paved the way for malicious actors to create fake projects and scam <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-380523" src="https://coin-turk.com/wp-content/uploads/2024/08/pump.fun_.png" alt="" width="3358" height="1546"> 
Unsurprisingly, some memecoin projects created on Solana’s pump.fun platform were involved in “rug pull” incidents, leaving investors at a loss after quick gains. 
Sun.io’s SunPump platform aims to provide a safer environment against such fraud attempts. Sun emphasized the platform’s security measures, stating, “Projects and token creators must undergo a strict <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">review</a> process to be listed on SunPump. This process aims to enhance user safety and trust in the platform.” He also highlighted that SunPump aims to offer a secure environment by emphasizing community oversight and transparency. 
Moreover, SunPump is taking significant steps to support the development of new projects. Sun announced that through a partnership with the cryptocurrency exchange Poloniex, projects with a daily trading volume exceeding 1 million dollars will have the chance to be listed on the exchange. This will facilitate the projects’ reach to a broader audience and provide liquidity. 
<h2 style="text-align: justify" id="strong-10-million-dollar-support-program-announced-for-memecoin-projects-strong">10 Million Dollar Support Program Announced for Memecoin Projects</h2> 
Sun.io also launched a 10 million dollar Meme Ecosystem Support Incentive Program to support the memecoin ecosystem. The program will provide resources to new memecoin projects, helping them build on a more solid foundation. 
The Tron and SunPump ecosystem aims to bring forth lasting projects in the memecoin world through the program. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/justin-sun-introduces-sunpump-for-creating-memecoins-on-tron-blockchain/" data-wpel-link="internal">Justin Sun Introduces SunPump for Creating Memecoins on Tron Blockchain</a></h5>
The post <a href="https://en.coin-turk.com/justin-sun-introduces-sunpump-for-creating-memecoins-on-tron-blockchain/" data-wpel-link="internal">Justin Sun Introduces SunPump for Creating Memecoins on Tron Blockchain</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Justin Sun Introduces SunPump for Creating Memecoins on Tron Blockchain

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