Justin Sun said it will develop memcoins on the Tron network

According to him, the focus will be on developing the blockchain-based memcoin sector.

In addition, the team will also focus on payments in stablecoins, as well as attracting new developers in order to make Tron more flexible and scalable amid fierce competition among blockchain solutions.

It is noteworthy that Justin Sun prioritized the development of the memcoin sector in the Tron network. However, this should hardly come as a big surprise.

The Tron founder is aware of the fact that the memcoin industry has demonstrated maximum growth and profit for investors during the first half of the year.

In general, the Tron blockchain is used for Tether (USDT) stablecoin transactions, so issuing meme coins is a new application of the network. In this field, Tron will have to withstand strong competition from BNB Chain and Solana, with the latter blockchain becoming the clear leader of this trend.

Recall that recently Justin Sun was able to win a victory in a Chinese court in a case on protection of honor and dignity, proving that he did not engage in insider trading on the market.