TRON founder Justin Sun shares post about SNZ memecoin, resulting in a 100% price surge.
Revised Article:
(Grab your popcorn, folks, Tron Meme Season is here!)
Justin Sun's tweet, reading "Tron Meme SZN is coming," has set the crypto world abuzz! In mere minutes, the SZN memecoin skyrocketed an impressive 103%.
As things stand, SZN is trading at $0.000754, a significant drop from its monthly low at $0.0035, but still a far cry from its all-time high (ATH) of $0.0102, reached on March 19, 2025.
Sun's tweet, a familiar tactic in his crypto arsenal, aims to reignite interest in the price surge of Tron's memecoin. His past campaigns, while mixed, have proven effective in creating a buzz in the crypto sphere.
Flashback to March 19, 2025, and Sun's exuberant post, "Tron Meme szn 2.0 CONFIRMED. Fully Loaded!". This statement triggered a spike, with 112 new tokens launched on the SunPump platform - a memecoin launchpad built on the TRON blockchain - within a day.
Despite initial enthusiasm, the platform has been slowly losing steam for months, with activity reaching a record high of 7,532 tokens created in a single day back in August 2024. Since then, the number of launches per day has dropped significantly, with a handful of tokens being created every month.
Though SunPump has seen some revival, it's still playing catch-up to competitors like Pump.Fun, which boasts over 10 million tokens released. The competition is fierce, with Pump.Fun leading the pack in this fast-paced memecoin market.
In the same breath, TRON enjoys a unique selling point - zero-fee trading for TRX and meme assets, encouraging traders to experiment with new tokens without the fear of accruing high costs. Despite this advantage, TRX itself has been climbing, with a 3% gain in the last 24 hours, as per CoinMarketCap. Now trading at $0.2631.
So, buckle up crypto enthusiasts, it seems we're in for a wild ride! Keep an eye on the evolving landscape as these platforms continue to vie for dominance in the memecoin sector.
(For more insightful insights, don't forget to check out our article on TRON's collaboration with MoonPay for its US expansion and the subsequent TRX price rebound.)
Additional Insights:- SunPump's Advantage: The direct support from Tron's founder, Justin Sun, is believed to contribute significantly to SunPump's user engagement and liquidity.- Entering the Big League: With advanced features such as customizable bonding curves, platforms like Raydium's LaunchLab are creating a buzz, posing a formidable challenge to memecoin launchpads like SunPump and Pump.Fun.- Platform Popularity: Celebrity endorsements like Sun's can play a crucial role in the popularity and adoption of memecoin platforms within the crypto world.
- Rumors suggest Ripple could be planning an ETF, aiming to capitalize on the growing interest in blockchain technology in finance and investing.
- By 2025, Tron's SunPump platform had created over 7 million meme tokens, a number nearing that of Pump.Fun, its major competitor.
- CoinMarketCap, the leading cryptocurrency data site, has reportedly considered listing Ripple's potential ETF, a move that could attract more investors and boost its credibility.
- Despite Tron's memecoin, SZN, experiencing a significant drop in value from its 2025 peak, the TRON blockchain continues to attract developers due to its zero-fee trading policy for TRX and meme assets.
- Recent reports indicate that Tron's SunPump, with direct support from founder Justin Sun, may benefit from advanced features like those found in Raydium's LaunchLab, potentially positioning itself as a contender in the fast-evolving memecoin sector.