Tron memecoins are experiencing a significant upswing. The network shows record user activity, and trading volumes have increased substantially. Let's explore the details of this phenomenon.
Tron Memecoins Are Making a Comeback
Recently, Justin Sun revealed that memecoins on Tron are gaining significant popularity again. Concurrently, February 19 marked the highest number of daily active addresses since December 2024. Yesterday, Tron had 2.6 million active addresses.
Momentum in the Tron Memecoin Sector
The Tron memecoin sector surged by over 23% today, reaching a market cap above $186 million. The 24-hour trading volume of memecoins on Tron surpassed $70.3 million. Top gainers include Sundog with a 75% surge, Tron Bull Coin with 27%, and Suncat with nearly 24%.
Impact on the Memecoin Market
Recent growth in activity on Tron and in the memecoin sector is linked to the recent LIBRA scandal, which also affected the Solana ecosystem. However, Tron memecoins appear resilient to this event, continuing their impressive growth.
The resurgence of interest in memecoins on the Tron platform has led to a significant increase in activity and trading volumes, indicating a rising interest in this sector of the cryptocurrency market.
