TRON

Sun (New)

SUNDOG

After my <a href="https://coinmarketcap.com/community/articles/66c8192d6183310308c7d52f/" rel="noopener noreferrer nofollow">latest article about Tron</a>, I received tons of feedback. That&#39;s why I thought covering some of the parts in more detail made sense. I hope you enjoy it and find it valuable!TRON is currently the talk of the crypto world. One reason is the explosive rise of meme coins on its network.While the hype is real, and the gains can be massive, many investors are cautious about diving into memes. This is absolutely understandable.- Meme coins have an extremely high risk- It requires time to understand the culture and the mechanisms behind- It feels more like gambling than investing- The volatility is super highSummarized, meme coins are not for everyone. And it is always a bad idea to invest in something that is hyped but you a) don&#39;t understand and b) don&#39;t feel comfortable with.If this is you, you can still participate in the TRON meme frenzy without exposing yourself to the full brunt of that risk. It is a more strategic way to get in on the action while keeping a safer distance from the wild swings of meme coins.Before we dive in, here are three aspects I want to be very clear about:- While the below-discussed token eases some of the above risks, it doesn&#39;t eliminate them.- It is not my idea to &#34;shill&#34; the token. I want to show a way to participate in the meme hype.- Accordingly, I am not related to or paid by the project.- I also do not hold any of the tokens myself.Alright, enough disclaimer. Let&#39;s get down to business.<h3 id="understanding-the-sun-ecosystem-on-tron">Understanding the SUN Ecosystem on TRON</h3>To understand the approach, we have to understand the SUN token and what it is about.$SUN is one of the core tokens within the TRON ecosystem. Originally launched as a governance token, it has since evolved into a major player in TRON&#39;s decentralized finance (DeFi) landscape.It operates as the backbone of the SUN platform, which includes a range of DeFi services like yield farming, liquidity provision, and stablecoin swaps.However, what makes $SUN particularly interesting is its indirect connection to the ongoing meme coin craze on TRON.<h3 id="how-sun-benefits-from-the-tron-meme-hype">How $SUN Benefits from the TRON Meme Hype</h3>While $SUN isn&#39;t a meme coin, it is positioned to benefit significantly from the current meme mania on TRON. Here&#39;s how:1 - Increased Protocol Revenue: As meme coins like $SUNDOG and others gain popularity, the overall activity on the TRON network increases. This transaction surge leads to higher protocol revenue for platforms like SUN.io, where $SUN plays a central role.2 - Burn Mechanism: One of the key features of $SUN is its burn mechanism. As the protocol generates more revenue, a portion of $SUN tokens are burned, reducing the overall supply. The more memes launched and traded on TRON, the more revenue the platform generates, and the more $SUN gets burned. This creates a powerful flywheel effect that could drive $ SUN&#39;s value higher.3 - DeFi Exposure with Lower Risk: Unlike investing directly in meme coins, where you&#39;re exposed to extreme volatility, holding $SUN allows you to gain exposure to the broader DeFi activities on TRON, which are currently being boosted by the meme hype. This way, you can still participate in the potential upside without the same risk of holding individual meme tokens.<h3 id="why-sun-might-be-a-smart-play">Why SUN Might Be a Smart Play</h3>Suppose you&#39;re interested in capitalizing on the TRON meme hype but are wary of the risks involved. In that case, $SUN presents a compelling alternative. Here&#39;s why:1 - Indirect Exposure: You benefit from the meme coin activity without directly holding them, reducing your exposure to their volatility.2 - Burn Mechanism: The more the TRON network grows (thanks in part to memes), the more $SUN is burned, potentially increasing its value.3 - Diversified Play: $SUN isn&#39;t just about memes; it&#39;s a vital part of the TRON DeFi ecosystem, meaning its value is tied to a variety of activities and not just one volatile trend.4 - Easier Access: $SUN is available on Binance. Accordingly, you don&#39;t have to set up a Tron wallet, move funds, or get used to DeFi platforms.<h3 id="summarized">Summarized</h3>The TRON meme season is in full swing, and while the potential gains are exciting, the risks are equally significant.For those who want to participate in the hype but prefer a more measured approach, $SUN offers a strategic entry point.By investing in $SUN, you&#39;re positioning yourself to benefit from the current meme frenzy and gain exposure to the broader TRON DeFi ecosystem—all while managing your risk more effectively.Of course, like any investment, $SUN carries its own risks, and it&#39;s essential to do your own research and consider your risk tolerance.But for those looking to strike a balance between participating in the TRON hype and managing risk, $SUN is definitely worth considering.---If you like my articles, you will love my <a href="https://bencrypto23.com/newsletter" rel="noopener noreferrer nofollow">daily free newsletter!</a>

How to Ride the TRON Meme Hype Without Buying Meme Coins

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Ben Walther

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