The meme coin market has been performing well for several months in the cryptocurrency world. The trend of colorful tokens tied to pop culture has become so popular with investors that several meme projects are now "taking off" each month. The TRON ecosystem, especially its internal meme coin market, is currently experiencing significant growth.
By the end of August, it grew by 20% in just 24 hours. Experts estimate its value at around $408 million. In this article, we’ll discuss the top meme coins in TRON (TRX) that now are as popular as meme projects from major networks like Ethereum (ETH) and Solana (SOL).
TRON Meme Coins
After analyzing current trends and TRON's internal ecosystem, crypto analysts have identified the 5 most popular meme coins worth considering for investment in September 2024. The list includes:
Let’s dive into the details.
- SUNDOG
SUNDOG is the largest meme coin in the TRON system by market capitalization. According to CoinMarketCap, its total value has reached nearly $230 million at the time of writing.
SUNDOG is a relatively new token, still finding its place in the market, although it's doing so quite confidently. The meme coin was launched by Justin Sun, a prominent crypto entrepreneur and the founder of the TRON (TRX) ecosystem. SUNDOG debuted on August 15, 2024.
Despite some minor fluctuations in recent weeks, users believe SUNDOG could become the dominant meme coin in the TRON blockchain, similar to Brett for Base and dogwifhat for Solana.
- Sunpepe
SUNPEPE is hailed as the best-performing token – growing over 1800% within just 8 days of its launch. It’s currently priced at $0.0007291, according to CoinMarketCap, and is trading well on the MEXC exchange.
Launched on August 19, this new meme coin carries direct references to the original PEPE, with parallels to SUNDOG. Its market capitalization has now dropped to $717,000, and all 1 billion tokens are currently in circulation, representing 100% of its total supply.
- Dragon Sun
Next is Dragon Sun, a meme coin referencing its creator's name. Within less than 24 hours after its launch, the token reached a market capitalization of over $45 million. However, experts caution investors to consider the risks associated with the high volatility of DRGN before buying in. The token is currently trading at $0.002766.
The official website for this meme coin features intriguing images inspired by global political leaders and industry giants. Dragon Sun has a total supply of $1 billion tokens, with 100% of them in circulation. DRGN is decentralized, meaning it is not subject to government regulatory authorities.
- FoFar
This new token is based on the comic universe of "Boy's Club." Its more famous counterpart, Pepe, was launched on the Ethereum blockchain and gathered a huge fanbase of investors. The second most popular meme coin, Brett, gained massive success on the Base network.
- Coconut Chicken ($CCC)
Perhaps the most original meme coin in the TRON ecosystem, Coconut Chicken, entered the market in January of this year. It stands out with its well-designed and reliable tokenomics, which inspires confidence among investors and traders.
Holders of the meme coin gain access to unique opportunities on the platform, including participating in giveaways and contests. The developers of Coconut Chicken have also created a Telegram trading bot to help users navigate the trading space. This smart bot can send real-time signals for buying and selling TRON tokens.
Conclusion
All TRON ecosystem meme coins are built on the TRC-20 standard. They outperform their competitors by offering lower transaction fees and faster processing times.
TRON is currently at the center of a meme coin boom. Interest in this token market has been high for months, and the outlook remains positive. While it's hard to predict how long this rally will last, there are substantial profits to be made right now. Early investors in the meme coins mentioned in this article have already earned significant returns by quickly jumping into these ambitious new projects within the TRON ecosystem.
It’s worth noting that the meme coin market in TRON is just one small part of this ecosystem. Taking advantage of all the platform’s features can lead to even greater benefits, rapidly advancing even novice investors to new levels.
If you want to learn more interesting facts about crypto then check out our blog! You might like our articles “Election Memecoins Overview” and “Bonding Curves in DeFi Explained”.
