by Sana Bukhari
Recent efforts to grow its meme coin space by Justin Sun helped Tron (TRX) reach a 7% daily rise in value. Market trading levels multiplied by 62% in one day reaching $1.23 billion due to Tron’s news announcement. TRX gained 15% in value during the past two days after hitting and breaking through its $0.21 floor.
Justin Sun putting more effort into meme coins makes analysts believe TRX could reach $1 in value. According to analyst Javon Marks, TRX will likely move forward in price towards $1.11 according to logarithmic calculations. Buyers forecast TRX will grow by 516% which makes them more excited about the token more likely to succeed.
After expressing confidence last week in comments Justin Sun indicated TRX tokens would surpass old market highs. According to LunarCrush data TRX increased in market importance since it claimed 1.05% of overall cryptocurrency talks. People show growing enthusiasm for Tron as its platform network develops and attracts more users.
The Tron Meme Token Ecosystem Expands Through Fresh Releases Of tokens
The Tron meme token ecosystem shows increased growth because of Sun’s fresh project updates. SunPump.meme launched 122 new tokens on its platform for the first time since four months. After starting up the platform allowed 95,573 tokens to launch while processing 36,374,191 TRX fees worth the equivalent of $5.74 million.
According to Justin Sun the main principle when making memes on Tron requires him to not earn a single dollar from meme profits while he assumes all losses. I handle all loss while donating full profits from this project.
The first rule of making memes on Tron: I will not personally profit a single cent from memes. Any losses will be fully covered by myself, and all proceeds will be donated.
— H.E. Justin Sun 🍌 (@justinsuntron) March 19, 2025
People show more interest in blockchain meme coins because more activities happen at the TRON DAO platform. Market participants closely monitor meme project performance on the TRON network because they expect more price changes in the future.
During recent weeks Justin Sun plans to transfer TRX functions to the Solana blockchain. The unveiling caused excitement since TRX holders and Solana enthusiasts received details about this collaboration without a fixed release date. The possible integration would open new ways for Tron to serve more users across different networks.
Tron stands as an important figure in the cryptocurrency market because of its new steps into the meme coin sector. TRX potentially seeks further gains as investors return and users become more involved.
#blockchain #crypto, #decentralized, #distributed, #ledger
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