{"id":26915,"date":"2024-08-17T17:00:35","date_gmt":"2024-08-17T14:00:35","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26915"},"modified":"2024-08-17T10:59:25","modified_gmt":"2024-08-17T07:59:25","slug":"after-solana-tron-meme-coins-emerge-104x-gains-in-just-7-hours","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/after-solana-tron-meme-coins-emerge-104x-gains-in-just-7-hours\/","title":{"rendered":"After Solana, Tron Meme Coins Emerge: 104x Gains in Just 7 Hours"},"content":{"rendered":"<p>The year 2024 continues to be dubbed the &#8220;Year of Meme Coins,&#8221; with <a href=\"https:\/\/coinengineer.net\/blog\/solana-secures-network-amid-critical-flaw\/\">Solana<\/a> leading the way as the most utilized blockchain for these tokens. However, the focus is now shifting towards the Tron network, where interest in meme coins is rapidly growing. Remarkably, one investor turned a $650 investment into $70,000 in just 7 hours.<\/p>\n<p><strong>Tron Network Gains Traction After Solana<\/strong><\/p>\n<p>Following Solana&#8217;s success with thousands of meme coins launched since the beginning of the year, Tron is becoming another hotbed for these digital assets. Solana&#8217;s ecosystem saw the rise of meme coin creation apps like &#8220;pumpfun,&#8221; attracting considerable attention from the crypto community.<\/p>\n<p><strong>Justin Sun Recognizes the Meme Coin Trend<\/strong><\/p>\n<p>The trend is now making its way to the Tron network, with the creation of a meme coin platform called Sun.io, named after Justin Sun, the network&#8217;s founder. This platform has its native token, SUN. In a recent statement, Justin Sun revealed that revenues from the protocol would be used to buy SUN tokens, which would then be burned to reduce the total supply.<\/p>\n<p><strong>104x Gains in Just 7 Hours<\/strong><\/p>\n<p>Although the meme coin frenzy on Tron hasn&#8217;t yet reached the fever pitch seen on Solana, interest is steadily growing. One user, in particular, managed to turn a $650 investment into $68,000 within 7 hours, marking a staggering 104x return.<\/p>\n<p>According to data shared by Lookonchain, this user spent 5,000 TRX, worth approximately $650, to buy 6.8 million SUNDOG tokens, a meme coin on the Tron network. Just 7 hours later, they began selling, exchanging 4.5 million SUNDOG tokens for 522,000 TRX. This trade turned their initial 5,000 TRX into 522,000 TRX.<\/p>\n<p>The user still holds 2.2 million SUNDOG tokens, with an unrealized value of around $76,000, highlighting the lucrative potential of meme coins on the Tron network.<\/p>\n<div id=\"chat-history\" class=\"chat-history-scroll-container ng-tns-c1304298479-2 ng-trigger ng-trigger-resetChat show-bottom-shadow\">\n<div class=\"conversation-container ng-tns-c1304298479-2 visd-patch ng-star-inserted\">\n<div class=\"ng-tns-c3288265132-24\">\n<div class=\"response-container ng-tns-c3311575876-25 response-container-has-multiple-responses\">\n<div class=\"presented-response-container ng-tns-c3311575876-25\">\n<div class=\"response-container-content ng-tns-c3311575876-25\">\n<div class=\"response-content ng-trigger ng-trigger-responsePopulation ng-tns-c3311575876-25 ng-animate-disabled\">\n<div class=\"markdown markdown-main-panel\" dir=\"ltr\">\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\" data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;8737&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Frequently Asked Questions and Detailed Answers About CoinList&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n<div class=\"kksr-stars\">\n<div class=\"kksr-stars-inactive\">\n<div class=\"kksr-star\" data-star=\"1\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The year 2024 continues to be dubbed the &#8220;Year of Meme Coins,&#8221; with Solana leading the way as the most utilized blockchain for these tokens. However, the focus is now shifting towards the Tron network, where interest in meme coins is rapidly growing. Remarkably, one investor turned a $650 investment into $70,000 in just 7<\/p>\n","protected":false},"author":1,"featured_media":26916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[2245,2716,293,7924,1873],"class_list":["post-26915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-lookonchain","tag-sun","tag-tron","tag-tron-meme-coins","tag-trx"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After Solana, Tron Meme Coins Emerge: 104x Gains in Just 7 Hours - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/after-solana-tron-meme-coins-emerge-104x-gains-in-just-7-hours\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After Solana, Tron Meme Coins Emerge: 104x Gains in Just 7 Hours - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The year 2024 continues to be dubbed the &#8220;Year of Meme Coins,&#8221; with Solana leading the way as the most utilized blockchain for these tokens. 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