Justin Sun, the creator and founder of Tron, has shared some interesting thoughts about investing in memecoins, which are an important part of the crypto ecosystem. In his recent remarks, he explained the three main factors that should be considered before investing in memecoins.
First, Sun emphasizes the importance of public attention in his investment strategy. Inspired by Elon Musk’s view that “those who control memes control the world,” he emphasizes the ability of memecoins to capture and sustain public attention.
This approach can be seen in the evolution of memecoins, from Dogecoin (DOGE) in 2013 to new projects like Pepe (PEPE) and DogWifet (WIF).
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The second factor is the level of social interaction of the memecoin developers with the community. Sun emphasizes that real and authentic interactions between developers and users are very important. He also pays attention to the quality and credibility of these interactions, not just the number of followers.
The third factor is the efforts of the development team to build memecoin. Contrary to popular belief that creating memecoins is easy, Sun believes that developing a successful memecoin requires a lot of effort and work.
He compares these efforts to the development of mainstream cryptocurrency platforms, such as Layer 1 blockchains or digital exchanges, and emphasizes that Mimcoin development involves strategic narrative building, community engagement, and continuous innovation.
Sun also expressed optimism about the future of Tron-based memecoins, predicting that Tron will soon have a memecoin with a market cap of $1 billion.
Currently, Tron’s memecoins are challenging the market dominance of Solana’s memecoins, and because of this, Solana’s Pump.fun platform has experienced a 47% drop in new releases, reaching its lowest level in five months. is
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