Analyst: Token Deployments on SunPump Have Declined Since September, and Only 1 Token Has a Market Cap of Over $100 Million

On October 17th, chain analyst Onchain Lens said on the X platform that TRON DAO's meme culture seems to be “stagnating”. Since the launch of SunPump, 90,819 tokens have been deployed, but deployments have declined since September. Only three tokens on SunPump have a market cap of more than $10 million, and only SunDog has a market cap of more than $100 million.

Despite Sun's efforts to promote the Meme culture on the Tron network, it has not attracted much attention and developer interest in the Tron network has been minimal, Onchain Lens said.