Justin Sun, the founder of Tron and advisor to HTX Global, believes that U.S. President-elect Donald Trump's entry into the cryptocurrency space through the launch of a memecoin could mark a pivotal moment for crypto regulation in the country.
During an HTX X Space event focused on the impact of Trump’s memecoin, Sun highlighted the broader implications of this move.
He suggested that Trump’s involvement might trigger increased competition in the crypto industry, potentially motivating tech giants like Facebook and Apple to develop their own trading platforms. “The competitive landscape will become more intense,” Sun noted, signaling a shift in how major corporations might approach digital assets.
In late 2024, Sun became the Trump family’s largest investor in the World Liberty Financial (WLFI) project, committing $30 million to the initiative. During the event, he confirmed this partnership and unveiled plans for integrating WLFI further into the TRON ecosystem.
Sun announced that the WLFI token would soon launch on the TRON blockchain, with TRX designated as a reserve asset for the project. Additionally, the token is expected to be listed on HTX in the near future, expanding its reach and solidifying its role within the ecosystem.
Recent insights from Bank of America (BofA) suggest that rising market volatility, exacerbated by tariff issues, has prompted investors to retreat from US equities.
Excitement is building ahead of tomorrow’s DOOD token launch, the long-awaited airdrop tied to the popular Doodles NFT brand.
A Trump-inspired cryptocurrency has seen explosive growth and just as much controversy.
Pepe (PEPE) is one of the best-performing meme coins today with 24-hour gains of 29% as the crypto market as a whole is ripping. The token has broken through a long-dated resistance at $0.00000900 and currently sits at $0.000001062. Trading volumes have surged by 168% for PEPE and currently sit at nearly $1.5 billion as […]