An article teaches you how to reduce SunPump transaction costs

Recently, the SunPump platform has seen a surge of "Golden Dog" projects, bringing significant wealth effects to meme hunters.

As a meme hunter myself, I recently participated in SunPump, buying 4,000 TRX and selling over 24,000 TRX, achieving a sixfold return in a short time. Later, I bought SunWukong, which skyrocketed a hundredfold after listing on HTX, although I bought in a bit late.

As a meme investor, understanding how to trade meme coins on the TRON network at the lowest cost is crucial. In this article, I will share some of my experiences during the "Dog Fighting" process, helping everyone achieve maximum profits with minimal trading costs.

The Wealth Effect of SunPump's Golden Dogs

Currently, SunPump has spawned several high-quality meme coins, such as SUNDOG, Ivfun, DRGN, etc. After SUNDOG was listed on HTX, it rose from $0.01 to a peak of $0.27, making it the king among "Golden Dogs."

The meme coin Sundog that surged 6000 times

Sundog continues to soar after being listed on the Huobi HTX platform, image captured on August 22 at 18:00 (UTC+8)

In addition to SUNDOG, FOFAR, SUNCAT, SunWukong, and others are among the best-performing TRON memecoins. Early investors have also reaped substantial profits from these projects.

I used to primarily look for potential memes in the Solana ecosystem, but after several practical experiences, I found that the frequency of "Golden Dogs" appearing in meme projects on SunPump is higher, meaning users can seize more investment opportunities in a shorter time.

SunPump's Core Competitiveness: Low Fees

Compared to other public chain platforms, the transaction fees on the TRON network have remained low, which I found to be one of the important reasons why SunPump can attract a large number of users. In the current relatively flat overall market, the emergence of SunPump has once again gathered hot money in the market, especially attracting funds from the Solana meme ecosystem.

Compared to Solana, the gas fees on the TRON network are significantly lower, which is particularly important for frequent trading of meme coins. On TRON, the transaction fee for SunPump has dropped to 0.76 TRX per transaction, with an average transaction fee of $0.118, making it very low.

In addition to low fees, I believe there are several other reasons:

(1) SunPump "Gas Fee" Reduction Activity

To stimulate community user participation and trading activity, the SunPump Beta version has initiated a "Gas Fee" reduction activity. For meme coin-TRX trading pairs that successfully launch and add liquidity on SUN.io, the related gas fees can be reduced by up to 99%, greatly lowering the trading friction costs for users participating in meme coins on the SunPump platform.

(2) Liquidity Support from SUN.io

Similar to the mechanism of pump.fun, when the market capitalization of meme coins created on the SunPump platform reaches specific conditions, the platform will automatically inject preset liquidity funds into SunSwap V2 and execute token burns to adjust market circulation.

(3) Full Support from TRON Founder Justin Sun

Justin Sun has repeatedly mentioned meme coins and emphasized their importance for industry development and breaking into the blockchain sector. Additionally, the TRON ecosystem shares certain similarities with the previous "meme coin stronghold" Solana ecosystem and Base ecosystem, such as lower individual token prices, which correspondingly lowers the trading threshold, and the lower friction costs in the blockchain network, which are crucial for the fair launch and rapid trading of meme coins.

How to Further Reduce Trading Costs on TRON

Although the transaction fees on the TRON network are already relatively low, for users frequently trading meme coins, further optimizing trading costs is still worth considering. If you also want to hit a "Golden Dog" on the SunPump platform, you can adopt some of the following methods.

(1) Choose the Right Wallet and Routing

On the TRON network, the fee differences between different wallets and routing can significantly impact your trading costs. Choosing a wallet optimized for smart contracts, such as TronLink, can effectively reduce gas fees. Additionally, selecting the right trading route instead of directly using other DEXs can also help you save on fees.

(2) Utilize SunPump's Gas Reduction Mechanism:

For newly launched meme projects, SunPump usually offers some transaction fee reductions. Users can effectively lower trading costs when participating in these new projects. Furthermore, SunPump regularly launches trading incentive activities, and users can pay attention to official announcements for more discount information.

(3) Optimize Trading Timing:

On the TRON network, transaction fees are affected by network congestion. Therefore, choosing to trade during periods of lower network load can effectively reduce gas fees. Users can observe on-chain data to select suitable time windows for large transactions, further optimizing trading costs.

(4) Energy Leasing to Reduce Costs:

In the TRON network, bandwidth and energy are two key resources used for processing different types of operations and transactions. Bandwidth is used for regular transactions, such as transferring TRX or other TRC-10 tokens. Energy is used for executing smart contracts, such as TRC-20 token transfers and DApp operations.

In TRON, TRX can be burned to replace energy consumption, but due to the recent significant increase in network activity, the single transaction cost using this method has risen to several dollars, comparable to the Ethereum network. Therefore, using "frozen TRX to obtain energy" is more economical.

TRX energy leasing is a long-standing and substantial business, but due to the sharp increase in network activity, the overall market energy has become severely insufficient, with energy costs approximately double what they were before. Here are some energy leasing platforms, but be sure to confirm the platform's energy availability before leasing.

• https://www.mefree.net/
• https://t.me/nntrx_bot
• https://t.me/SuperXCoinBot
• Built-in TP wallet

Of course, the above is merely my personal opinion, intended to provide reference and not professional investment advice.

Compared to Solana, TRON's SunPump Offers Better Opportunities

In fact, the meme ecosystem of Solana has already been seized by TRON's SunPump.

On August 21, an analyst presented a set of data showing that SunPump's daily revenue exceeded that of Pump.fun. The platform shared data from Dune Analytics, showing that on that day, SunPump generated 3.65 million TRX ($571,000), while Pump.fun generated 2,575 SOL ($368,000).

SunPump's daily trading volume also surpassed that of Pump.fun, with the former processing 7,531 transactions while Pump.fun processed 6,941 transactions. This development highlights how TRON has captured a significant share of the meme coin market, which Solana previously dominated.

Comparison of data related to SunPump and Pump.fun

Additionally, Justin Sun hinted in a post on X: "Everything is just beginning," and the recent storm is merely a "warm-up." He added that this weekend will be "incredible," and advised market participants to prepare for it.

In another post on X, he informed the crypto community that he would release many announcements in the coming weeks. Justin Sun has revealed some upgrades to TRON to accommodate the recent influx of meme coin trading on the network. One of these is to lower network transaction fees to make them more competitive.

For meme coin investors, choosing a low-cost and efficient trading platform is crucial. Undoubtedly, SunPump is currently the optimal choice.