Tron and LayerZero collaborate to launch TRUMP on their blockchain, enhancing market accessibility.

Tron has officially announced plans to launch the TRUMP coin on its blockchain in the near future, aiming to enhance interaction and expand the market for this memecoin. LayerZero will be the platform supporting this development.

Currently, detailed information about the implementation is still limited, and many questions remain unanswered. The TRUMP fan community does not seem too excited about this announcement.

Partnership between Tron and Trump

Compared to some recent developments in President Trump's vast cryptocurrency empire, his named memecoin has not received much attention lately. The value of the TRUMP coin has decreased for several consecutive months, and controversial rumors occasionally emerge. However, today, Tron announced that their blockchain will soon support TRUMP.

Tron, a decentralized web platform based on blockchain, has not provided much detailed information about this TRUMP agreement. LayerZero, the interoperability protocol that supports scalability, has also not made any definitive statements regarding technical capabilities or the anticipated launch date. This announcement alone is still not enough to determine what can be expected from Tron and the cryptocurrency empire of the President.

However, the two organizations have had many recent connections, with Justin Sun, the founder of Tron, potentially being one of the largest TRUMP holders. Mr. Sun began making significant investments in WLFI right after the most recent presidential election, and the SEC settled a fraud lawsuit against him in February. Since then, Tron has planned to become a public company in the U.S., marking a significant turning point in its legal journey.

In this context, the launch of TRUMP seems to be a sequel to the ongoing collaborations between Tron and the President. Justin Sun has also announced that his company will support USD1, the stablecoin of World Liberty Financial, which further affirms the deep business relationship between the two parties.

Although there is not much specific information about this partnership, some conclusions can be drawn. For instance, Tron processed a trading volume of USDT more than 5 times that of Ethereum last week, indicating that they have the capability to expand TRUMP. The circulating market capitalization of this memecoin currently stands at 1.7 billion USD, within the operational capacity of Tron.

However, the value of TRUMP has not shown any signs of recovery since Tron’s announcement, continuing the trend of unstable volatility amidst the downtrend. Currently, it is unclear whether this memecoin has enough appeal in the market to justify the enhanced interaction capabilities and market reach. Hopefully, this will change once Tron’s full deployment takes place.

Although the partnership with Tron may create growth opportunities for TRUMP in the future, there are still many uncertainties at present. In the current context, this partnership appears to be merely a continuation of the ongoing collaboration between the two organizations.

Mr. Giáo