What is To The Sun Coin (SUNPUMP)?
2024-09-09Bittime - To The Sun (SUNPUMP) is a crypto asset that is currently attracting attention in the global market, especially because of its unique and innovative concept. Currently, SUNPUMP has a market capitalization of $1.2 million and is ranked 2665th among other cryptocurrencies.
With daily buying and selling volume reaching $346.7K, the current price of SUNPUMP is still around $0.00. The number of SUNPUMP coins circulating on the market is 1 billion tokens. I experienced SUNPUMP experienced a price increase of up to 9,613% in the last 24 hours, indicating quite active market movements.
What is SUNPUMP?
SUNPUMP was launched on August 9, 2024 as the first memecoin platform on the TRON network. This project is backed by Justin Sun, creator of the TRON blockchain, and immediately managed to raise more than $1.1 million in just 11 days. I experienced SUNPUMP allows users to create and trade memecoins more easily using TRON blockchain technology.
Also read: Latest Tron (TRX) Coin Price Prediction, Check Here!
Bonding Curve Mechanism
SUNPUMP uses a bonding curve mechanism to ensure sustainable liquidity. When the project reaches 100% bonding curve, approximately 100,000 TRX and 200 million tokens are automatically deposited in the liquidity pool on SunSwap V2. This process ensures that i experienced SUNPUMP remains tradable with sufficient liquidity, reducing the risk of price volatility that often occurs in the memecoin market.
Potential and Risks of SUNPUMP Coin
Although to the sun coin offering great opportunities, including ease of trading and sustainable liquidity, memecoins are always high risk. Investors must be careful because the potential for price manipulation and fraud is often a problem in the crypto world. Additionally, regulatory changes may affect the market, including the SUNPUMP coin.
SUNPUMP also has a community audit mechanism to ensure that registered projects have high credibility, however, investors are advised to still carry out in-depth research before investing.
SUNPUMP brings new innovation to the world of memecoins, offering advantages for users who want to get involved in this dynamic crypto market. However, it is important to always consider the risks involved before making an investment decision.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.