TronfounderJustinSunrecentlyhintedatafreshsurgeinTronmemecoins.HealsosuggestedthatTRXcouldsurpassitsprevioushighwithouttheusualhype.Moreover,SunconnectedthisupcomingsurgetoanimpendingupsurgeinthedemandforTronmemecoinsinthecryptomarket.
JustinSharesInsightonFutureofTronMemecoins
SunsharedonX(formerlyTwitter),“TRXisabouttosurpassitsprevioushighsoon,andnobodyhasnoticed.Lasttime,thewholeindustrywastalkingaboutit,citingreasonslikeTronmemeseasonandstablecoinadoption.Butthistime,there’snoreasonatall.”
AccordingtoSun,theupcominggrowthisdrivenbycontinuousdevelopmentandthesupportoftheTroncommunity.Hestated,“IbelieveTronmemecoinsareabouttoexperienceasecondwaveofgrowth.Withcontinuousbuildingandcommunitydevelopment,Tronhasbeensteadilyprogressing.”IfTRXbreaksitspreviouspeak,Sunexpects“theFOMOforTronmemecoinswon’tbefarbehind.”
Aspartofthispushintothememecoinspace,Tronrecentlyintroduced“SunPump,”aplatformdesignedformemetokenswithinitsblockchainecosystem.ThisdevelopmentalignswithTron’sincreasingfocusonthememesector.SunenvisionsSunPumpasaplatformwherecommunity-driventokenscangaintraction,potentiallysparkingwiderinterestinTronmemecoins.
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TheTronnetworkhaswitnessednotablegrowth.TRX’smarketcapitalizationrosefromapproximately$11billionto$13.5billioninQ32024,markingtheseventhstraightquarterofexpansion,accordingtoMessaridata.TRXhassecuredaplaceinthetop10cryptocurrenciesbymarketcap,rankingclosetoestablishedcoinslikeXRPandDogecoin(DOGE).
IbelieveTronmemecoinsareabouttoexperienceasecondwaveofgrowth.Withcontinuousbuildingandcommunitydevelopment,Tronhasbeensteadilyprogressing.OnceTRXbreaksitsprevioushigh,theFOMOforTronmemecoinswon’tbefarbehind.https://t.co/ksa5GsznMv
—H.E.JustinSun🌞(hiring)(@justinsuntron)October25,2024
Inaddition,TRXtransactionvolumeincreasedby29%inQ3,reaching$151million,spurredinpartbySunPump.Augustwasparticularlyactiveforthenetwork,withover270millionTRXburnedononeday,thelargestburnrecordedonSunPumptodate.
TRX’sdeflationarymodel,whichcapsthetokensupplyat100billion,alsoaddsvalueasthetokensupplydecreasesovertime.Withincreasedtokenburns,TRX’sannualdeflationrateclimbedto-2.7%inQ3from-2.4%inthepreviousquarter.Thisdecreaseinsupplyhasbeenbeneficialforholders,withstakingyieldsupby13%quarter-on-quarterasmoreusersparticipate.
AUniqueTakeonAIMemecoins
SunhasalsotakenstepstoaddresstheethicalconcernssurroundingAI’sroleinmemecoins.HisrecentinterpretationofAsimov’sThreeLawsofRoboticsforAImemecoinsreflectsthiscommitment.Hisfirstrulestatesthat“anAImaynotcreateandthendumpanAImemecoin,norseekpersonalprofitifitwouldharmhumaninterests.”Therulesemphasizeinvestorprotectionandethicalprojectmanagement,pointingtowardanevolvingapproachinmanagingAI-influencedassets.
WithTRON’sexpandinguseractivityandtherecentlaunchofSunPump,SunispositioningTronmemecoinsasamajorsectorintheblockchainspace.Atthetimeofreporting,TRXhasseena1.83%rise,tradingaround$0.17.ThemomentumsurroundingTRONanditscommitmenttodeflationarygrowthandethicalguidelinescouldaddtothenetwork’sattractivenessamonginvestorsseekingexposuretothegrowingworldofTronmemecoins.
Also,wearehonoredtoannouncethatTron’sJustinSunwillattendtheGlobalBlockchainShowinDubaischeduledforDecember12-13,2024.
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