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Justin Sun: "Meme Coins Have Value... Trump Will Lead US Crypto Revival"

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Minseung Kang
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  • Justin Sun evaluated that meme coins are a legitimate part of the market and emphasized that Trump's support for cryptocurrencies will be a turning point for industry recovery.
  • He explained that after attending Trump's dinner, it has become a turning point for the US to reclaim its status as a global crypto hub.
  • He stated that there is a high possibility for crypto companies that left the US to return, and TRON will support the growth of the ecosystem.
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Justin Sun, founder of TRON (TRX), stated that meme coins are a legitimate part of the market and that President Trump's support for cryptocurrencies could be a turning point for industry recovery.

According to crypto media outlet CoinDesk on the 23rd (local time), Sun attended a dinner hosted by President Trump in Washington D.C. and said, "Some criticize the TRUMP token as a bribe, but this is merely a superficial misunderstanding," emphasizing, "Now is the turning point for the US to reclaim its status as a global crypto hub."

Sun explained that the opportunity is being created for crypto companies that left the US during the Biden administration to return. He noted, "Companies that once considered relocating to Hong Kong or Singapore have changed their stance."

He added, "Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have contributed to onboarding the masses, and success and failure are just parts of the business," stating, "TRON will support all pieces of the crypto ecosystem to grow into the mainstream."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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