Tron (TRX) founder Justin Sun, one of the most important names in the cryptocurrency industry, is widely talked about with his altcoin purchases and sales.
While the altcoins that Justin Sun chooses and invests in are closely followed by investors, Justin Sun explained which altcoins he prefers.
Which Altcoins Does He Prefer!
Speaking to Coindesk, Justin Sun said that he prefers dog-themed memecoins over cat-themed ones.
Making important statements, Justin Sun stated that he examines memecoin trends every day and that his exchange HTX also focuses on memecoins.
Justin Sun also added that memecoins are fairer than VC-backed tokens, with investors getting better memecoin returns on HTX than on Binance.
“HTX recently launched memecoins on its platform, and many of them have achieved huge returns of 100% or more. When you look at Binance, you see that the returns on listed coins are actually very low, even though Binance has a stricter listing strategy compared to HTX,” Sun said.
The Tron founder also added that major tokens listed on Binance and backed by venture capital firms have been performing disappointingly.
What Are Their Goals For 2025?
Finally, Justin Sun, who also announced his 2025 goals, said that their main priority for the end of this quarter is the development of USDD (Tron's stablecoin).
“Dai recently moved away from a decentralized model by switching to USDS. USDD aims to fill this gap as a decentralized stablecoin.
By the end of the year, we will be upgrading the USDD smart contract system, adding new functionality that will increase decentralization and make it a stablecoin option for everyone.
“In addition to the Chainlink collaboration, we will work with DeFi developers and big players like Aave. We will collaborate with developers to launch new projects for memecoin trading, including AI memes, at the end of this year and early next year.”
*This is not investment advice.