DWF Labs Analyzes Memecoin Launchpads

Memecoin launch pads gained modest traction with the launch of Pump.enjoyable on the Solana Community in January 2024. However SunPump’s debut on the Tron Community in August 2024 attracted vital market curiosity. After the market introduction of SunPump, Pump.enjoyable has reignited market consideration.

Their entry into the market adopted a considerably related development. Two weeks after launch, Pump.enjoyable staked 102.6k tokens, producing $5.8 million in income. By comparability, SunPump staked 62.7k tokens, producing $4.1 million in income.

SunPump launched on the Tron Community on August 9, sparking extra dialogue locally. Each platforms have related market capitalization necessities for decentralized change listings (DEX), with Pump.enjoyable at $69.0k and SunPump barely increased at $69.4k. The DEX conversion charges are low for each platforms, at 1.4% for Pump.enjoyable and a couple of.1% for SunPump.

Pump.enjoyable gives maker rewards of 0.5 SOL (roughly $65.0) for DEX listings and doesn’t cost maker charges. SunPump gives the next reward of 888 TRX (roughly $138.5), however imposes a charge of 20 TRX (roughly $3.1).

Buying and selling charges additionally differ between platforms. Pump.enjoyable has a buying and selling charge of 0.5%, with an extra charge of $2.6 for the primary purchaser. Then again, SunPump has a flat buying and selling charge of 1%.

Though each turbines have apparent variations, they share some similarities. For instance, they each use the bonding curve mannequin. When the market cap reaches $69,000, $12,000 of liquidity is deposited into Raydium or SunSwap and burned.

Eight months after launch, Pump.enjoyable has staked 1.9 million tokens and generated $105 million in income. Though SunPump is newer to the market, its day by day token stakes and revenues are rising, and it’s promising to overhaul Pump.enjoyable.

In the meantime, DWF Labs chief Andrei Grachev praised the evaluation, noting the fast evolution of memecoin launch pads.