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Justin Sun Predicts $4B Revenue Peak With TRON Meme Strategy

Justin Sun forecasts TRON's revenue to hit $4B, driven by a meme strategy, with TRX price potentially rising to $0.30 amid bullish trends.
Justin Sun Predicts $4B Revenue Peak With TRON Meme Strategy

Highlights

  • Justin Sun projects TRON's revenue could hit $4B in 2024, driven by a strategic focus on meme coins and network fee adjustments.
  • TRON's daily transactions may exceed 20M in three months, boosting its market share following reduced fees and a higher energy cap.
  • TRON price could surge to $0.30 if bullish trends persist, but risks remain with potential drops to $0.135 in a bearish market.

TRON founder Justin Sun has predicted that the network will generate revenue in excess of $4 billion in the coming year. According to Sun, this strategic goal is based on the network’s meme strategy, which, he says, could accelerate market growth.

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Justin Sun Predicts $4 Billion Revenue Peak

TRON’s CEO Justin Sun has projected $3 billion of revenue for TRON in the next one year, which, according to him, is a conservative estimate. He proposes that $1 billion of this revenue will be ‘burned’, $2 billion will go to stakers and for transaction fees. Sun is positive that the meme strategy will work and that TRON’s revenue will be as high as $4 billion.

Consequently, Sun has suggested lowering the transaction fees and raising the energy limit on the TRON network to support this growth. He believes that these measures will increase the daily transactions to above 20 million within three months, thereby increasing the market of TRON. 

The more energy added to the network, the more TRXs will be staked, thus enabling free transfers, which, according to Sun, is vital in making the network more profitable. This projection comes the recent TRON win against the SEC after a US court dismissed the regulatory agency motion.

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Integration into Dex Screener

Recently, TRON has reached another achievement with its listing on Dex Screener, which is one of the leading decentralized exchange tracking services. Justin Sun made this revelation on social media platform X (formerly Twitter). The integration of TRON on Dex Screener will help in improving the effective exposure of the network and attract more users.

The integration is viewed as a potential means of fueling further growth as it brings in more attention to TRON’s ecosystem. At the same time, Tether has also contributed significantly to the recent advancements of TRON. On 20 August, Tether minted one billion USDT tokens on the TRON blockchain to further enhance the liquidity of the TRON network.

Moreover, in the last year, TRON has experienced a significant injection of USDT, with $19 billion out of the $33 billion created by Tether being minted on the TRON network.

TRON Price Forecast Amid Meme Strategy 

Justin Sun continues to believe that meme tokens can boost the engagement and growth of the TRON network. He points out that meme coins are often born from the support of their communities, making them a more decentralized and fair form of cryptocurrency.

With TRON shifting its attention to meme tokens lately, SunPump, a new meme tokens launchpad on the TRON network, is now gaining attention. Since the launch of SunPump just 11 days ago, the company has made over $1.1 million in sales.

Meanwhile, at press time, TRX price had corrected trading at $0.1581, a 0.06% decline. .Despite this correction TRON’s price shows signs of a bullish trend, according to a CoinGape report. If this upward momentum continues, the price could reach as high as $0.20, potentially even touching a new all-time high of $0.30.

However, if the market experiences a downturn, the TRON price will stabilize around $0.14. Should the bearish trend persist, the price may decline to approximately $0.135. 

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Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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