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Justin Sun predicts TRON will achieve over $4 billion in revenue within the next year, driven by a strategic focus on meme tokens and expanding market activity. TRONs $4B Revenue Goal Linked to Meme Strategy In the next year, TRON will earn more than $4 billion, according to Justin Sun, the networks creator.
Tron reached a yearly high days after the launch of the memecoin project SunPump.
TRX, the native coin of the decentralized blockchain Tron, now trades at its highest price since May 2021. The coin's value has risen by 27% in the past seven days.
Tron's SunPump now tops Solana's Pump.fun in terms of newly created tokens over the last day. Will the momentum shift last?
TRON founder Justin Sun has predicted that the network will generate revenue in excess of $4 billion in the coming year. According to Sun, this strategic goal is based on the network's meme strategy, which, he says, could accelerate market growth.
Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than 24% since last week, a sign that investors on the platform have held TRX and accumulated to capture more gains.
Tron founder Justin Sun has been promoting the new memecoin generator SunPump, now a rival of the Solana-based Pump.fun.
The sentiment of crypto investors can shift rapidly, and the latest buzz is around Tron (TRX) investors seeking greener pastures. Despite recent gains, top Tron (TRX) investors are reportedly losing faith in Justin Sun's vision and are flocking to a new cryptocurrency that is currently priced at $0.001777.
Justin Sun, the man behind TRON, is no stranger to controversy, but this time, things have escalated to a whole new level. Justin is now being accused of manipulating the market with his latest meme coin, JustinDOG.
Ethereum's gas fee recorded a new all-time low earlier this week, hitting 2.9 Gwei, resulting in its lowest burn rate ever and impacting price. Meanwhile, TRON (TRX) has been one of the surprising winners of late, racing toward $0.5. Market sentiments have been mixed as a result.
Tron meme coins have become the latest craze in the crypto market, fueled by a recent trend introduced by the controversial industry figure Justin Sun.
The Tron blockchain broke headlines after registering over $1 million in revenue in 24 hours. The blockchain's significant revenue growth is mainly credited to a surge in transactions related to the SunPump memecoin fair launch platform.
Justin Sun's Tron network overtook Ethereum in daily revenue, spurred by new memecoin mania via the SunPump launchpad. According to DefiLlama, the Tron (TRX) blockchain generated over $3.8 million in 24-hour revenue.
Here are the most imminent price targets for TRX, XRP, and SHIB that may be put to the test this week.
The price of TRON (TRX) has regained momentum and overcame the $0.144 resistance level.
Justin Sun‘s Tron blockchain's daily revenue reached a new all-time high of $3.84 million, driven by the memecoin generator SunPump. This milestone places Tron ahead of established networks like Ethereum and Solana, which reported $1.36 million and $541,000 in daily revenue, respectively.
A crypto trader on the TRON network, TT4S5, has made $20 million in unrealized profits within six days after his early purchase of the SUNDOG meme coin. The trader spent $1,690 to buy 104.33 million tokens, now worth $20.6 million.
TRON (TRX), the brainchild of Justin Sun, has surged in key metrics as its price has triggered a huge rally. Backed by the recent updates on the TRON blockchain, the TRX price has made some bullish moves on the crypto market.
Tron network has recently made headlines with the launch of its innovative SunPump platform for memecoins on August 9. SunPump is the first meme fair launch platform on Tron, and its impact has been immediate and significant.
The launch of SunPump has also positively impacted the Tron blockchain's overall revenue and liquidity.
SunPump: the new Memecoin distribution platform on Tron inspired by Solana's “Pump.fun”
The Tron network has officially welcomed its meme coin season after remaining in stealth mode for the past years.
Cardano has fallen out of the top 10 cryptocurrencies by market cap, replaced by Tron
Solana's meme coins rush is taking a halt now as Tron's recently launched SunPump looks to take over the market. The new meme coin deployer on the Tron blockchain has generated more than $1.1 million in revenue in just 11 days.
