Dogecoin

TRON

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/justin-sun-prepares-tron-for-new-growth-cycle/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Justin Sun Prepares Tron for New Growth Cycle</a><br></p>
<p style="text-align: justify">Justin Sun announced that <a href="https://en.coin-turk.com/tron-network-records-significant-growth-in-daily-active-addresses/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Tron</a> is ready for a new growth cycle characterized by continuous development and high community engagement. He indicated that if <a href="https://en.coin-turk.com/tron-community-celebrates-as-usdt-circulation-surpasses-50-billion/" data-wpel-link="internal" rel="noopener noreferrer nofollow">TRX</a> surpasses its previous peak, attention and investment in meme coins on the Tron network could increase significantly.</p>
<h2 id="entering-the-meme-coin-space-with-sunpump">Entering the Meme Coin Space with SunPump</h2>
<p style="text-align: justify">Under Sun’s leadership, Tron recently launched the SunPump platform to create meme tokens on the Tron blockchain. The native token TRX experienced a 24% increase in market capitalization during the third quarter, rising from approximately $11 billion to $13.5 billion. According to Messari, this marks the seventh consecutive quarter of growth.</p>
<p style="text-align: justify">TRX has entered the top ten cryptocurrencies by market capitalization, following XRP and Dogecoin . The transaction volume on the Tron network also rose, with TRX transactions increasing by 29% to reach $151 million. One notable event was the burning of 270 million TRX worth about $42 million in a single day on the SunPump platform.</p>
<h2 id="deflation-and-trx">Deflation and TRX</h2>
<p style="text-align: justify">TRON limits the supply of TRX to 100 billion tokens to prevent inflation. By Q3 2024, the circulating supply decreased from 87.20 billion to 86.62 billion due to an aggressive burning program. This raised TRX’s annual deflation rate from -2.4% in the previous quarter to -2.7%.</p>
<p style="text-align: justify">Justin Sun introduced a new perspective on the role of artificial intelligence in the meme coin ecosystem. He adapted Asimov’s Three Laws of Robotics to present the “AI Meme Coin Ethical Three Laws,” which stipulate that AI should not create or sell meme coins that harm human interests and must respect human governance.</p>
<p style="text-align: justify">The launch of the SunPump platform and TRX’s burn policies support growth within the Tron ecosystem, while community participation plays a crucial role in these developments. As TRX’s market price continues to rise, Tron’s meme coin strategies and deflation policies are becoming increasingly attractive to stakeholders.</p>
<p style="text-align: justify">Tron’s cloud reforms and new platform initiatives highlight its position in the <a href="https://en.coin-turk.com/significant-supply-drop-in-pepe-on-exchanges-triggers-key-signal/" data-wpel-link="internal" rel="noopener noreferrer nofollow">memecoin</a> market. With continued community support, further growth of TRX and the Tron ecosystem is anticipated, particularly due to TRX’s deflationary structure and the burning mechanisms provided by SunPump, which seem to enhance the token’s value potential.</p>
<p>The post <a href="https://en.coin-turk.com/justin-sun-prepares-tron-for-new-growth-cycle/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Justin Sun Prepares Tron for New Growth Cycle</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Justin Sun Prepares Tron for New Growth Cycle

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