TRON's revenue could surpass $4B, driven by its meme strategy and network expansion, with 20M daily transactions projected.
SunPump's success boosts TRX, with Sundog's market value hitting $200M, driving TRON's daily revenue to an all-time high.
TRON's aggressive growth strategy may challenge Solana's market share, replicating its earlier tactics against Ethereum.
TRON is poised for exponential growth as founder Justin Sun forecasts over $4 billion in revenue within the next year. Sun's optimistic projection is driven by TRON's strategic focus on meme tokens, a move expected to spur rapid market expansion. This approach aims to capitalize on the community-driven nature of meme coins, enhancing TRON's decentralization and appeal.
Sun's conservative estimate suggests $3 billion in revenue, with $1 billion earmarked for burning and $2 billion allocated to stakers and transaction fees. To support this growth, Sun advocates lowering transaction fees and increasing TRON's energy limit. These measures are anticipated to push daily transactions above 20 million within three months, further solidifying TRON's market position.
https://twitter.com/justinsuntron/status/1826311101086400777 Major Milestones and Liquidity Boosts
Besides the projected growth, TRON has recently celebrated milestones. The network's listing on Dex Screener, a leading decentralized exchange tracking service, is expected to improve TRON's exposure and attract new users.
Additionally, Tether's minting of one billion USDT tokens on the TRON blockchain has bolstered TRON's liquidity. Over the past year, TRON has received $19 billion in USDT, reflecting its growing dominance in the stablecoin market.
SunPump and TRX Surge Amid Meme Token Frenzy
SunPump, TRON's newly launched meme token platform, has generated considerable buzz. In just 11 days, the platform has made over $1.1 million in sales. The launch of Sundog, a memecoin on SunPump, has boosted TRON network activity, with Sundog's market value exceeding $200 million. On the last day, Sundog's price increased by 42% to $0.2323, giving it a $232 million market capitalization.
At the time of writing TRX, the native coin of TRON, has seen decreases, dropping 6.98% to $0.1486. TRX's daily trading volume is at $1,466,347,353 within the past 24 hours. However, while TRON's memecoins thrive, Solana-based memecoins like Dogwifhat (WIF) and BONK are facing selling pressure.
With TRON poised to capitalize on this momentum, it seems the network is ready to challenge Solana's market share, potentially replicating Solana's strategy against Ethereum.
The post TRON Eyes $4 Billion in Revenue: Justin Sun’s Meme Token Strategy Fuels Growth appeared first on Crypto News Land.
