The TRON ecosystem meme coin launch platform SunPump today (19th) saw a new meme coin $SZN skyrocket, with its market cap briefly surpassing $16.89 million this (19th) morning, currently around $8.9 million, a surge of over 120,319% in the past 24 hours, making it the highest trading volume meme coin on the platform today.
Crypto Craze for Card Showing
The reason for the surge of $SZN seems to be not only the support from TRON founder Justin Sunin his post, but also the "card showing" narrative that has been popular in the crypto space. Yesterday, the BNB Chain official posted a tweet about an "early bird construction card", and someone created a meme coin called BNB Card, which reached a peak market cap of $9.89 million. Since yesterday, there has been a trend of "derivative cards" in the community, with even He Yi, the "sister" of Binance, showing her support.
TRON TRX and Ecosystem Tokens Surge
On the other hand, the news of TRX landing on the Solana chain boosted market confidence, combined with the explosive $SZN igniting the SunPump craze, TRON ecosystem tokens TRX and various meme coins on SunPump have seen significant increases.
In the past 24 hours, TRX has risen over 5.5%, reaching $0.2436 at one point this morning. HTX has risen nearly 9%, and the meme coin USDD, which was also "endorsed" by "Brother Sun" today, has seen a surge of over 5587%.
Justin Sun: TRON Fully Deploys Meme
Justin Sun, who is adept at seizing hot spots, earlier posted on the X platform stating that meme will be the core focus of the TRON ecosystem.
Meme is so hot, Brother Sun should also get in on it. On the TRON side, meme is just lacking a tailwind! Let me think about the best way to get involved, meme will definitely be a core focus for TRON.
Justin Sunfurther stated that the first principle of TRON Tron doing meme is that he personally will not make a single penny from meme, and any meme losses will be borne entirely by himself, with all proceeds donated. He alsoannounced that SunPump will provide a six-month official fee-free benefit: "Come to TRON to trade meme, official fees will be free for six months! Come and try it. The energy will also be fully subsidized by the official, unlimited, you dare to trade, I dare to subsidize!"
Justin Sun's declaration of an all-out push into Meme has sparked discussion in the community. Some have reminded him that "the core is the wealth effect, don't always be the one making money," and others are pessimistic that this move will further exacerbate the recent plummeting meme coin market, saying "Brother Sun's entry into meme is the end station." At the same time, some KOLs have created satirical meme images in response, which have received many likes.
TRON meme coins have seen explosive growth today, attracting market capital inflows and high community enthusiasm. Whether Justin Sun's leadership in TRON's push into the Meme ecosystem, as well as BNB ecosystem's earlier entry, can ignite a new wave of meme coin hype, remains to be seen.
