Tron Founder Eyes Big Gains with Meme Strategy

Tron founder Justin Sun predicts that the blockchain’s revenue could hit $4 billion in the next year if its meme strategy succeeds. In an Aug. 21 post, Sun estimated $3 billion in revenue, with $1 billion burned and $2 billion going to stakers and transaction subsidies, but noted an extra $1 billion could come from the meme push.

Tron’s daily revenue recently hit an all-time high of $5.33 million, outperforming Ethereum and Solana. Much of this surge comes from the launch of the SunPump memecoin deployer, which outpaced its Solana counterpart in daily activity and revenue.

USDD Upgrades on the Horizon

Sun also announced plans to make Tron’s decentralized USDD stablecoin more competitive. Despite recent controversy over the removal of 12,000 BTC from USDD’s collateral, Sun explained that USDD operates similarly to DAI and plans are underway to improve its efficiency and market standing.

With USDD backed by over $1.7 billion in TRX and $18.3 million USDT, Tron is aiming to challenge major decentralized stablecoins.

Will Sun’s meme magic really rake in billions, or is it just wishful thinking?

Source: https://cryptoslate.com/tron-founder-justin-sun-predicts-4-billion-revenue-boost-with-meme-strategy/ Show Less