{"id":140610,"date":"2024-10-26T08:30:24","date_gmt":"2024-10-26T05:30:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140610"},"modified":"2024-10-25T19:07:48","modified_gmt":"2024-10-25T16:07:48","slug":"justin-suns-new-approach-could-transform-trons-memecoin-landscape","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/justin-suns-new-approach-could-transform-trons-memecoin-landscape\/","title":{"rendered":"Justin Sun\u2019s New Approach Could Transform Tron\u2019s Memecoin Landscape"},"content":{"rendered":"

Sun believes<\/a> <\/strong>that if TRX<\/a> <\/strong>can break past previous highs, it could spur a wave of FOMO (fear of missing out), drawing increased attention and investment toward Tron-based meme coins. The recent launch of SunPump, a platform enabling meme token creation on Tron, has already generated excitement within the network and helped strengthen TRX\u2019s position in the market.<\/p>\n

In the third quarter, Tron saw significant growth, with TRX\u2019s market cap climbing 24% to $13.5 billion, placing it among the top 10 cryptocurrencies by market cap. Transaction volumes surged, spurred by SunPump\u2019s activity and increased engagement across the network.<\/p>\n

Notably, a record-breaking single-day burn of 270 million TRX tokens in August contributed to the deflationary model, reducing circulating supply and helping support token value. This deflationary mechanism, with TRX\u2019s total supply capped at 100 billion tokens, has driven TRX\u2019s annualized deflation rate up to -2.7%.<\/p>\n