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😱🔥Tron Founder Justin Sun Endorses Dogecoin, Shiba Inu Floki, and Other Meme Coins
Tron DAO founder and CEO Justin Sun endorsed Dogecoin (#DOGE ), #ShibaInu (SHIB), Floki (FLOKI) and other meme coins at the latest Token 2049 conference. Sun believes that meme coins are the "first thing" that separates the crypto industry from traditional finance. He also encouraged the development of such meme coin projects.
Tron CEO Supports Dogecoin, Shiba Inu and Floki
In a post on X, Sun posted a clip from the Token 2049 Dubai conference speaking in favor of meme coins. In the clip, the founder of Tron expresses his admiration for all the meme coins with different animal logos. Moreover, he offered to specifically mention Shiba Inu and Floki.
Sun also pointed out the best meme coins, which have reached a huge market capitalization of over $ 10 billion. He also underlined that this valuation does not make sense for those who support traditional finance. However, Sun believes that behind this huge market capitalization is the "fair launch and community engagement" that are an integral part of the crypto space.
Also, the Tron CEO underlined that launching a successful meme coin is "as difficult as creating a good crypto project". Also, to highlight the reach of meme coins, Tesla CEO Elon Musk emphasized that he continues to support Dogecoin. Also, Sun labeled DOGE as one of the "best crypto brands".
Justin Sun Believes in the Rise in Meme Coins
In addition, the founder of Tron also expressed his bullish expectation regarding meme coins. He noted that each bull cycle will have its own meme money that will outshine the others, just like Shiba Inu did this time.
The Sun captured the essence of the incident with a brief explanation while sharing the video. He wrote: "Meme coins may seem unusual but they highlight the power of community in crypto. Creating a successful project, whether meme-based or not, requires dedication. Let's see what the next bull cycle brings!”
