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Justin Sun Pledges Full Support for TRON Memecoins, Waives Trading Fees for Six Months

TRON founder Justin Sun has ramped up efforts to strengthen TRON’s meme ecosystem, pledging to support memecoin development without personal profit.

In a March 19 post on X, Sun vowed to donate all proceeds from meme-related projects and personally cover any potential losses.

His comments followed a series of X posts expressing bullish sentiment on the SUN memecoin, which, according to its X profile, is the first of its kind on the TRON blockchain. In one of these posts, Sun announced a waiver of trading fees for memecoin transactions on the TRON platform for the next six months.

Users can trade TRON-based memecoins without spending TRX. Additionally, TRON will cover all energy costs for these trades, eliminating the need for users to freeze TRX to generate energy for smart contract execution. This effectively makes TRON memecoin trading entirely free until September 2025.

Sun’s support for memecoins isn’t new. In May 2023, he pledged up to $1 million in funding for memecoin developers, offering financial incentives and prioritized listings on exchanges like Huobi and Poloniex to attract creators to the TRON network.

Meanwhile, TRX is trading at $0.23, reflecting a 2.13% gain in the past 24 hours, according to CoinMarketCap. The positive sentiment suggests that TRON’s latest initiatives are resonating with the community.

In a related development, Bitget has expanded its support for the TRON ecosystem. The exchange announced that users can now swap memecoins across the BNB Chain, Solana, and TRON without needing TRX for gas fees, thanks to a subsidy from staked TRX.

Beyond memecoins, Sun has also called for greater collaboration on crypto security following Bybit’s recent $1.5 billion hack. During an HTX-hosted discussion on X, he urged exchanges, security firms, and the crypto community to unite against cyber threats, with insights from SlowMist and GoPlus Security.

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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