Meme Coin News: Justin Sun’s Meme Coin Generator Sees Nearly 8,000 Tokens Created
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The meme market capitalization is down 2.5% today to $38.3 billion.
The majority of the meme coins are down today.
Looking at the much shorter green list, the best performer over the past 24 hours is YAWN. It’s up 114% to $0.003556.
It’s followed by SUNDOG’s 72% and Smoking Chicken Fish (SCF)’s 40%.
When it comes to the red list, the two biggest losses are 17.8% and 16.6% recorded by LandWolf (WOLF) and PUPS, respectively.
Three more coins have seen double-digit losses, while the rest are down below 10% each.
Meanwhile, four of the top 10 meme coins are up today.
TokenFi (TOKEN)’s 4.3% increase is the highest by far. The coin currently trades at $0.05907.
Floki Inu (FLOKI) is up 1% to $0.00012, while Memecoin (MEME) and Turbo (TURBO) are up below 1% each.
On the other hand, Dogecoin (DOGE) saw the biggest loss. It’s down 2.4% to $0.10007.
Bonk (BONK) and Dogwifhat (WIF) are down around 2.3% each.
Baby Doge Coin (BABYDOGE) is down the least: 0.9% to $0.05907.
On August 13, SUN.io, a DeFi platform on TRON, launched SunPump Beta, meant to stand as a rival to the popular Solana-based pump.fun.
It’s a platform that allows users to create meme coins on the Tron blockchain without coding.
For me, when it comes to the whole "Why TRON, why SunPumpMeme?" thing, the biggest flex is that $60 billion in TRON USDT @Tether_to . No other blockchain protocol's got a liquidity pool this massive. Memecoin platforms live and die by liquidity, and TRON's got it in spades.
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