After Solana, the Tron network has also become an important area for meme coins. Thousands of meme coins issued on the Solana network since the beginning of the year have attracted significant attention, while meme coin creation applications such as ‘pumpfun’ have also emerged.

Justin Sun saw the interest in meme coins

A similar situation is seen in the Tron network. Here, a meme coin issuance platform called Sun.io was created in dedication to Justin Sun. The protocol also has its own token called SUN. In a statement today, Justin Sun stated that the protocol revenues will be used for the purchase of Sun tokens and the tokens received will be burned later.

104 fold in 7 hours

Although the meme coin interest in the Tron network has not yet reached the level of madness in Solana, it is seen that users are slowly coming to this area. A user managed to make his $650 investment of $68 thousand within 7 hours and earned 104 fold return.

According to the information shared by Lookonchain, this person spent 5000 TRX worth $650 for the meme coin called SUNDOG. Buying 6.8 million SUNDOG tokens, this person started sales 7 hours later and bought 522 thousand TRX for 4.5 million SUNDOG. So the user made 5 thousand TRX, 522 thousand TRX.

The user, who still has 2.2 million SUNDOGs in his hand, has another $76 thousand SUNDOG tokens that have not been realised.