The incentive kicks off amid a 37x decline in the platform's activity.
TRON (TRX) will airdrop 888 TRX to every meme crypto team that participated in launches on SunPump.
The incentive is designed to boost interest in the platform, which has seen a 37x decline in activity.
On Sept. 23, SunPump will launch the “888 TRX” Meme Creator Incentive Campaign for crypto addresses that created meme cryptos on the platform in the past few weeks.
Announcement on the Launch of the “888 TRX” Meme Creator Incentive CampaignTo incentivize meme creators on #SunPump, the “888 TRX” incentive campaign has officially launched!
Starting at 00:00 (SGT) on Sep 23, 2024, creators whose meme coins reach a 100% bonding curve will… pic.twitter.com/DhYmHgV9Cu
— SUN (SUN.io) (@sun_io) September 23, 2024
According to the official statement, creators who reach the 100% bonding curve will be able to claim a generous 888 TRX airdrop reward. At current prices, this is equal to $135, CoinMarketCap data shows.
The rewards will be distributed to creators' wallets in 14 business days. TRON founder Justin Sun warned that meme coin creators should not interact with any “non-official” smart contracts to avoid being scammed.
At the same time, the TRON team stressed that the campaign is aligned with its commitment to creating a healthy meme coin environment. As such, the founders involved in “rug pulling” their investors will not be able to join the 888 TRX initiative.
In the last 24 hours, the TRON (TRX) price added 0.84% and stabilized over $0.1527.
Airdrop kicks off as interest in SunPump vanishes
The campaign goes live as the activity on SunPump is nowhere near the peak values reached a month ago. While at its peak registered on Aug. 21, the enthusiasts created 7,531 tokens, yesterday, only 201 transactions were registered, Hashed data on the Dune dashboard shows.
The aggregated platform's revenue from the meme coin launch dove from 3.5 million TRX per day to only 78,000 TRX.
In total, its customers created 86,418 tokens in six weeks of platform activity.
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