Space Summary
The Twitter Space Make DEFI Great Again w/ Risk Layer ️ hosted by CosmosHOSS. In the realm of DeFi, with a focus on $TON, $SOL, IBC, memes, AI, and $BTC, the space 'Make DEFI Great Again w/ Risk Layer ??' provides valuable insights through education, podcasting, and research endeavors. The discussion touches on the implications of various tokens like $ORAI, $INJ, $HEART, $OM, and $NIBI within the DeFi ecosystem, showcasing their functionalities and distinctive features.
For more spaces, visit the DeFi page.
Questions
Q: How can podcasts contribute to DeFi education?
A: Podcasts provide accessible and engaging content to educate about DeFi intricacies.
Q: What is the role of $BTC in the DeFi landscape?
A: $BTC remains a significant value driver and foundational asset in DeFi protocols.
Q: Why are $TON and $SOL tokens noteworthy in DeFi?
A: $TON and $SOL tokens bring unique features and functionalities to the decentralized finance sector.
Q: How does AI influence DeFi strategies and decision-making?
A: AI technology enhances data analysis, risk assessment, and investment strategies in DeFi.
Q: What distinguishes $INJ, $ORAI, $HEART, $OM, and $NIBI tokens in DeFi?
A: These tokens offer diverse utility, services, or investment opportunities within the DeFi ecosystem.
Highlights
Time: 00:14:20
Exploring $TON and $SOL Tokens Insights into the functionalities and potential of $TON and $SOL tokens in the DeFi landscape.
Time: 00:28:45
AI Integration in DeFi Discussion on the role of AI in optimizing DeFi strategies and decision-making processes.
Time: 00:42:10
Value Proposition of $ORAI and $INJ Understanding the unique value and use cases of $ORAI and $INJ tokens in DeFi projects.
Key Takeaways
- Educational content creation and podcasting play key roles in DeFi.
- Exploration of $TON and $SOL tokens along with IBC protocols.
- The significance of AI, memes, and research within the DeFi ecosystem.
- Understanding the value propositions of $ORAI, $INJ, $HEART, $OM, and $NIBI tokens.
Behind the Mic
Introduction and Welcome
Hey, guys, hope you are doing well. We're starting very soon. Hey, hey. Good morning. Thank you for having us here. That's great. Yeah, thanks for having us. Hi, guys. Yep, for sure. What about you? Can you hear us? Yes, yes, can. Loud and clear, guys. Thank. You. Heavy hit now. Yes, sir. Is it better now? Yep, yep. Can hear you now. All right, so let me start. So it's Ben todar here, guys. I'm thrilled to be hosting this chat about the exciting world of Tron meme coins. And we've got really some heavy hitters with us today. So let's dive right in already. You guys can hear me, right? Yeah, yeah. Excited to hear more from you. Let's welcome me.
The Introduction of SunCat
I can hear you guys perfectly. Let's give it another try. Guys. Yep, can hear you, Ben. Hear me. That's perfect then. Sorry about the connection. I'm not sure if it's from my end or Twitter spaces because it happens a lot of times. I just want to welcome Soncat. Guys, your token has been catching a lot of attention in the Tron community. What's the story behind it? Like, what's this feeling that got everyone's talking? Yeah. Hello, everyone from Suncat community. Thanks for Cl's. Thanks. Thank you, Ben, for having us here and joining again with this beautiful people. Beautiful meme coins here. The story behind Suncat, it is the first cat token in the Tron ecosystem launched on our sunpump, which gained a lot of traction.
Suncat's Unique Identity
So the story behind of sun cat is like, it has two parts, like the sun, which is representing energy, visibility, and also growth for us humans. And the second part is, of course, cats. Everyone loves cats. Every chain has a big cat token and we aim to be the biggest one on Tron. And so behind our drive is, of course, the meme power, a lot of community drive. And also we focus on building something lasting, not just profits. And we aim for being the first cat on the sun. We want to build a colony of cats on the sun. We want to spread love and peace. And we see ourselves also kind of like the Robin Hood of meme coins when you like it, because we are here for everyone's wishes, people, and we try to unite our community and spread love around the Tron chain also.
Community-Centric Approach
So that's why I love to being here in those kind of spaces. Also talk to other meme tokens and just being here for the fun also, don't forget that too. And yeah, so the first day the community took over. It's a community led project. The dev has left and we took control. And yeah, we turned sunket into a thriving movement. And it makes a lot of fun to work with the community also to be here. Thank you, everyone. Fascinating stuff. I love that. Now, fofar, you've become quite the Tron celebrity. How did you end up as the red musket of the network? Yeah, great question.
Fofar's Journey in the Tron Ecosystem
Hey, everyone, thanks so much for having us here. First of all, excited to be here with such a strong, an awesome group of projects, as well as the strongest market makers in the game with Cl's and obviously, Ben, thank you so much. But yeah, in terms of Fofar, the way things got started with us is we actually saw Justin sun launch the sun pump meme platform. And we thought this was a really exciting way to bring people into the tron ecosystem. And a big thing with Tron is the huge USDT stables, reserves that Justin sun has built close to $62 billion, which is amazing for things like meme coins.
Rationale for Choosing Tron
Number one, as we saw Tron as a great place to launch a meme coin. And secondly, the sunpump platform really allowed us the ease of access. So, you know, the story behind Fofar, obviously, is that, you know, it's a legendary character inspired by Matt Fury's Boys club comic. And so the plan with Fofar the red piggy is to be the red mascot of the red chain. And so that's exactly what we're doing. And I think we've done that pretty well. So, you know, just killing it on the content, killing it on the community. It's been really fun growing on the tron ecosystem, interacting with a variety of different projects, and excited to be here. So thanks so much for having us.
Momentum and Attention
Well, that's an absolute amazing journey. Like, I love it. Let's move quickly to Sun Wukong. You guys have been making quest splash in the Toronto ecosystem as well. Can you tell us about your project and what sets you apart? Yeah, sure. So there are quite a few things. So first, maybe touching on your question what makes Tron interesting for our project or very relevant. So there's a very popular Sun Wukong. Yes, I can hear you. Can everyone else hear me? Yep, I can hear you. Okay. I keep on talking. I think, Ben, maybe you cannot. Should I repeat the question or you haven't heard it? No, Ben, I believe it's just you that can't hear him.
Identifying Key Characteristics of Sun Wukong
Should I maybe leave the stage and come back on. So you've heard my question, right? Yeah, I think it might be an issue on Ben's side. Not your side, Sun Wukong. Okay, Ben, would you be able to leave the space and come back? I believe you're having a bit of a trouble hearing Sun Wukong and maybe some other speakers in the space. Okay. So, pav, what do you want me to do? Like, continue or shall we wait? Yeah, for sure. I think it will be great to introduce yourself that. Yeah, because it's really very interesting. So, first of all, about what makes Tron very fitted for the project Sun Wukong. Next to the fact that there's 60 billion stables on it, which was already mentioned, it's basically also a very popular place for gamers.
Cultural Relevance of Sun Wukong
Right. And gaming coins. And Sun Wukong is also the hero of the currently hottest trending game in the world called black myth, Wukong. So that's kind of fitted, and it's a chinese chain. So maybe getting a little bit into the character of Sun Wukong. Maybe the Americans or Europeans might not know the character that well, but Sun Wukong is basically the most popular, strongest superhero in Asia and a hero to hundreds of millions of kids in Vietnam and China, like, basically all over Europe. He's like Superman to them. But there are much fewer superheroes in Asia than there are in America and Europe.
Commercial Potential and Development
So that's kind of. That's kind of unique. And by the, at the same time, he's an old cultural figure in China. So basically every kid loves Sun Wukong in Asia. And that's also why. Yeah. Justin sun made Sun Wukong his PFP, which was pretty cool for the project. It gave it quite some upside momentum. And he actually used the PFP that we created in the telegram chats. So that was kind of cool. And it pumped the coin to 40 million, but then it went down again to 5 million. Like meme coins always do. And. Yeah.
Fluctuations and Growth Strategies
Then Elon Musk tweeted about the game also with a PFP from our telegram. And then we're like, back up at 10 million now. Yeah. And went back up to 20. But the important point is about the character. It's a highly unique character to make a meme, to be honest. It's not the typical. It's known from comics and movies and games, not only in Asia, but also all around the world. Because there are many anime fans that know him. Because Sangoku, if you know him, is based on Sun Wukong. Yeah. There's this new game out, it sold 10 million copies in four days.
Future Potential and Cultural Impact
So that should add to the popularity. There's a new blockbuster coming out in China about Sun Wukong that everyone there is really excited about. And that's basically massive potential in our eyes to become the biggest meme coins maybe someday of all, but possibly on Tron. And that's something that I find really important and delighting. It has the potential to unite the east and west because, like I said, superhero to hundreds of millions of chinese and asian folks, but at the same time, the superhero of this global trending game. So our credo is divided by nations united by Sam Wukonge.
Strategies for Expanding Reach
So I think in general, it's great for Tron because it's a chinese chain. It can reach out to the west and also for blockchain in general because it's a hero to so many people. Well, that's quite a story. I've known about it from you guys before, but I'm very happy the other listeners get to know the story behind Sun Wukong. So last but not least, we've got Pavel, the CRL at CL's global. For those who might not know. Cl's global, pardon?
Recap and Insights
Yeah, for sure. But for just a quick recap for some wukong. I think that guys also get some traction after the game which was launched on all of the platforms, which is a black myth or wukong. So, yeah, I think that's also, like, awesome stuff. But, yeah, let's let me do some quick rundown of what we're up into the Tron space. Well, I think it's not a secret, but, like, we historically used Tron before, and it was one of the main providers of utility for us in the early stages of our company. I mean, I think all used Tron or TRX to send USDT to each other.
Tron's Enduring Legacy and Future Goals
So that's why, yeah, we are up in the tron space for like six years or even more. Right. Then if we are speaking about the hype of the network and the ecosystem, when we saw the rise of Solana and the creation of its launch pad and hype around it, we understood what can potentially happen on Tron because it's already had even stronger foundation behind that. So our bet, we can say, come very good. And if we're speaking about our future plans, I don't want to speak too much because it's better to show our results in action rather than just talk about our plans, goals, what we're going to do.
Commitment to Progress
But, yeah, we'll improve our algorithms, strengthen our team with more HFT traders, et cetera. But the core thing which I want to say right now is that Tron is red. And there was a narrative that bitcoin or other stuff is going to the moon. Right. But again, Tron is red. So we're heading to the Mars, guys. And I want to say let's go for every Tron meme coin and everything which happened on this chain. Thanks for joining us. Hope you will like this podcast. And we're just getting started. Amazing. You can hear me now, guys, and all?
Confirmation of Communication
100%. Hundred percent. Yeah. I just think that senator might not be able to hear you, Ben. I'm not sure though. Sun Wukong, do you want to confirm? Okay, I think. Is it Ron or. Yeah, so I think some you might have. Only you can't hear me. Okay, we'll do that. Pav. You can hear me, right, Pavel? Yeah, 100% hear you.
Excitement for Discussion
Well, okay, well, that's perfect then. So. All right, guys, so this is a stellar lineup representing some of the most exciting projects on tron memes. Fair. And I think we are in for an incredible discussion. Let's get the show on the road then. So my first question is, so we have three great meme coins on Tron here, guys. Why Tron? What made you choose this platform? Should I start with? I start with fofar.
Fofar's Perspective
Sure, yeah, I'll go first. I already kind of mentioned this, but obviously I'll go over it again. The 62 billion USDT in stables is a huge benefit for anybody that's launching a meme coin or anybody that's trading meme coins on Tron. Because, you know, no matter what that there's liquidity to back all the means that you're trading and the profits that you're potentially making. So, you know, that's number one, without a doubt. At the end of the day, nobody can deny that.
Tron’s Ecosystem Advantages
The second thing is that, you know, the good thing that Justin sun is doing is he's incredibly active and involved in the community and he's incredibly active and involved in pushing his ecosystem forward. And so what he's doing is part of the fees that are generated from the sun pump platform are used to buy back and burn the sun token. And so what this does is all the fees, all the money that Justin sun and the sun pump platform are making is being put back into the ecosystem and allowing it to grow even more compared to somewhere like Solana and a platform like pumpfun that's creating, you know, that's making all these fees, but none of that is going back into the ecosystem that's just getting sold for USDC and, you know, sent out and you know, taken out of the ecosystem, basically.
Key Differentiators
So I think those are two major differences as to, you know, what sets Tron apart. And, and the fact that it's been here for five, six years now just gives it, you know, that much more strength and that much more bullishness that it can be here for time and time to come. Well, I can't agree more with that. Absolute fascinating reasons why. So let's move to Sancat. What do you like? Why is it? Why Tron network?
The Strategic Edge of Tron for Meme Tokens
Yes. Yeah, of course. Like Tron has been in the last couple of years in a lot of, like, dynamic, changing world. It was like, it is one of the top 15 cryptocurrencies by market cap. And also, if you look at the developments and stuff they have been doing in the past, but with big partnerships and also with the transactions and efficiency they have been always building. And I think it's also an untapped market for meme tokens. So every big token has launched or had this initial meme coin hype.
Understanding Tron and Its Unique Position
But Tron is different. Tron is obviously backed by his, or by the CEO Justin Sun itself. And he's also supporting meme tokens, as we already know. Like, he's pushing them because he knows exactly why he does that, because it gives him a lot of more traction. It gives him a lot of more users. Retail investors come in like, a lot of volume is only by meme coins. If you check the volumes on different chains, a lot of chains have a lot of volume because there's just meme coins launching and the people like that. So that's one of the biggest reasons why we like Tron and choose Tron, and also because this kind of like a new narrative. So, for example, when, like the meme coin season, also there was like the meme coin season on ton, the telegram chain, but it didn't have like, a narrative.
The Narrative and Popularity of Meme Coins
Okay, it was like, okay, about the founder and all that stuff. But now we have the narrative also around, like, the Sun. The narrative, when we had like b and b, it was to the moon with safe moon and this moon and all the planets. But now we have like, this sun centralized or central narrative. And it's kind of like, funny because it's also like a meme around Justin Sun himself. So because he also has Sunnis in his name. And I think it's something very different, something very magical behind that. And also the support that he has given with the platform. Sunpump is giving a lot of meme coins, like some kind of like more motivation to launch because they see, okay, he's retreating.
Challenges and Advantages on the Tron Network
Meme coins. Sunpump is supporting meme coins. HTX is supporting meme coins. And it motivates a lot if you like see a platform or a blockchain supporting your project. So you tend more to launch a project there and not on a chain where you have to invest from zero everything with your community. And I think that's the most important thing right now, what's happening around Tron and of course the user base and liquidity, because you don't need to get a lot of liquidity on the chain. You have already everything there. You can launch a token in 1 second on sunpump. And if you make it very successful, you will get support and you will get your eyes on it. You just have to work hard.
Community and Engagement in the Meme Coin Space
Like all the surroundings are already there here on the Tron chain, which obviously is not that easy on other chains. And that's the reason why I think Tron is very successful right now when it comes to memes. Definitely agree on that. I see that Ben is now here as a listener. So I think that we can continue with San Wukong. And what made you to choose this platform? Yeah, so basically I can get back to a little bit of what suncat said. Same applies to us with the name Sun. It's kind of, it's obviously fitted right because Sun Wukong is very close to Justin Sun and to the sun. So we use that also a lot like to the sun.
Magic and Community Connection in Launching Projects
And like you said, there's something magical around how Justin does it and there's something to it. He is brave enough to endorse his projects. Like, I mean, the PFP is crazy and him tweeting that he's basically. Him tweeting that he's basically Wukong. But this is just. Every kid wants to be Wukong because it's so strong. And by the way, also the guardian of all apes, which is kind of funny looking at the blockchain. But coming back to your question, I see Ben with connecting again. I hope he can hear me anyway, said the Twitter. Okay, great Ben. Cool. So coming back to the question, why Tron is the perfect chain for Sambucong.
Cultural Significance and Community Response
It's kind of obvious for us because Sun Wukong is the biggest superhero in China and every kid and every man knows it, right? So we have a lot of Chinese in the community which is also super nice. Like, we have translators in all our chats, and that's really cool. I get to know a lot. We get to know a lot of people from China, and they tell us about the myth, but also about what Sun Wukong means to them. They're really passionate about that. So, for example, when parents visit a temple together with their kids, then when you leave the temple again, you can buy little, like, lucky charm paper images, and the kids always want Sun Wukong.
Challenges in Communication and Cultural Exchange
So, yeah, so that's why basically, Tron, as the most popular blockchain in China, is the perfect fit for the Sun Wukong project, next to all reasons already mentioned. I can't hear Ben, by the way. Yep. I cannot either. Yeah. Okay. Right? Yeah, for sure. 100%. Maybe Ben can log out of Twitter once and log in again and then come back on stage. That helped me once. So. So not everyone can hear me, right? Pavel can hear me? Yeah, Pavel can hear me. Suncat, you can hear me? Four, five. Yep, I can hear you.
Trust Issues and Engagement Strategies
I can hear you. Okay, son. Okay, son. No, Wukong can't hear me. I don't think. Son, Wukong can hear you. Yeah, man. Okay, so maybe. So you can all hear that, right? And. Yes. Okay, so perfect. Then everyone can hear me. So after that, we heard why. The reason behind why you guys have chosen the Tron network and sun pump. What was the biggest hurdle you faced when launching your meme coin on Tron? Any surprises along the way? Because I really want to know. The hurdles that founders find on certain chains we start with probably sunkat this time or fofar.
Launch Experience and Initial Challenges
Who's Sankat? Please? Sankat, did you hear the question from Benjen? I can go first maybe if we're waiting for suncat to. Yeah, I think that's like, as I said before, as we're going to the Mars, it's much more harder than going to the moon. Right. So this stuff which is going on right now is just. Just a small step which we should conquer and go harder and push further. So for sure. For. It will be a pleasure to hear your thoughts on that. Awesome. Yeah. You know, in terms of the hurdles we face.
Launch Challenges and Community Reception
So, you know, we launched fofar on the sun pump platform three days after Justin sun had announced that, you know, sun Pump was a thing and people could come launch their. Their memes on Tron. And so, you know, once we did that, you know, we did our initial launch, we sold out the presale on sun pump in probably about 15 minutes. And then, you know, from the bonding curve filling to us actually being tradable on the open market, it took us about 7 hours to migrate. And I'm not sure, you know, if there were some issues with the platform or because there was so much volume or because there were so many tokens launching.
Adapting to Market Flow and Community Engagement
You know, there was quite a delay and tokens being available to trade on the open market. And so during those 7 hours, you know, were just in team call, staring at the chart, waiting for it to go live, and also getting all of our designers to, you know, cook up as much content as possible so that we could stay ahead of the game. And so, you know, what seemed like a hurdle at the time actually ended up being a blessing in disguise, because we could use that time to make sure we're caught up, make sure everything's properly set, so that when went live on the open market, people knew exactly who were, where to find us, and what we're about.
Time Management and Community Assurance
So that was just a little hurdle I guess we faced right off the bat, not knowing when were going to bond and be live to trade on the open market. And then, I guess, the second hurdle we faced, and I think maybe this is ecosystem wide, and Sun Cat and Sun Wukong can speak their opinion on this as well. But the fear and people when they're coming over to a new chain is always interesting to see. Obviously, when you have that initial run up, when hype is at its all time high, everybody's excited. Everybody thinks everything's going to 1 billion or $1 or whatever the goal is.
Maintaining Community Trust and Futures
But when that hype dies and you're stood there and you got to prove to people why nothing has changed and the plan is exactly the same, that's really when projects that stand the test of time come out much stronger on the other side. So just something to take into account ecosystem wide and be able to tell the community as well as our team members, that the plan has not changed. And we still keep pushing regardless. Just a couple of things that come to mind after you ask that question. Hope that helps. Thank you very much for that. Suncat, any hurdles?
Initial Skepticism and Community Support
I can still can't hear Ben. The others can hear me. Hello? Yes, I hear. No, I hear you. Hello? Yes, any hurdles? I want to know your opinion about. Just seeing what Forfar said about the hurdles they face when launching on a tron network. Have you faced similar or different kind of hurdles? Yeah, of course there are some hurdles at start, like as Pfoffer already also said, it's like gaining trust in the tron community as a meme coin, because meme coins is something new on Tron.
Trust and Education in the Meme Coin Market
And a lot of people, like, use Tron only for UCT. And now they think, okay, why should I buy a meme coin on Tron? I only use it for USDT is something safe. Like, it was always the shade for some people just to transfer their money safe and fast. And now those meme people coming here to scam why they do it. So you have to think about also about this. Like, many people also see meme as scams, but they are obviously not scams. Like, not every meme coin is a scam.
Marketing Strategies and Community Engagement
And we need to teach them, we need to educate them. And you need to, like, market your token in the right way and to gain trust in the community to also, like, get the people here. And, yeah, so also it was like a hurdle. Like at start, people thought, okay, why should I buy it? It's just a bunch of meme people coming now over to Tron and drawing Tron. But it's the opposite, in my opinion. And because we bring a lot of volume, we bring the retail investors, we bring fun, we bring a new kind of dynamic into the space.
Competition and Community Engagement
And also what is very hard also right now, and getting more harder is like, the whole space is like getting more competitive. And you need to keep going and keep the community engaged. And it can struggle sometimes in gaining traction. But of course, the whole advantage about this on Tron is also that if you work hard and if the people see that you have a hardworking community, you get the support of also big partnerships like Sunpump and also to build like, liquidity, especially as a community team or as a community.
Hard Work and Success
It's hard, but you need to work harder. You need to work harder than anyone else. And just like life, just in all things in life, work harder than anyone else, and you will get what anyone else wants, but no one else get it. So it's just easy. It's an easy formula, I think. But there's a lot of hurdles, of course, also when it comes to marketing, because at start, it was a little bit easier because a lot of meme tokens were just looking, okay, we had Sundog.
Competition in the Meme Coin Market
Where's the sun cat? Where's this? And this? And also for was the first Medfury token on Sunpalm. It was also easy. But right now there's a lot of PvP, and you need to, of course, teach to people and educate them about legitimacy and also get them with some stuff on and building trust and of course the community. Wow. That wasn't easy. But I'm very happy that you guys came over all that. Really. Hats off to you.
Seeking Thoughts on Challenges
Sun Wukong, if you can hear me, I want to get your thoughts on that, please. I think if Sam Wukong is not able to hear you, Ben, I think I can just ask questions directly, especially. Please. Yeah. Because I'm also definitely going to try playing black myth. So. Yeah. Sabuko, what was the biggest difficulty for you on launching your meme coin on Tron?
Personal Connection and Technical Issues
Yeah, so actually after I answered that question, I will try to connect with my computer instead of my phone. So maybe that helps. Yeah. What was the biggest hurdle launching like? It wasn't. I wouldn't. I think the launch went pretty well, especially after the profile picture thing. Also getting back to sunken. I don't think there's so much PvP player versus player on Tron. Like, usually most projects are really welcoming.
Community Dynamics and Collaboration
Like some projects have been boughting some votes and stuff like that. That was really not good. And I don't think that has a place in the Tron ecosystem because it's a kind of authentic community. But we didn't really encounter player versus player so much until then. But a funny hurdle maybe that I can mention is that we have a lot of Chinese, probably it's 50 American, European and Chinese investors. And it's really, it's funny working with them because we use translator bots and telegram all the time and sometimes things get lost.
Language Barriers and Cultural Nuances
And also exchanges, for example, have different names. I think bitget is called Marina Bay when it goes to the translator. That's kind of funny. And. Yeah. So our hurdle is basically around connecting the Chinese and the European community, if I can put it that way. And another small example would be we're really trying to find our perfect meme. Right. And this is a bit tricky because. And this goes back to Tron and to China in a sense, because Sun Wukong needs to be funny but always super strong at the same time.
Meme Character and Community Feedback
Right. So once we made a meme where Sun Wukong would basically ride a scooter and we tweeted, Sun Wukong is delivering takeout food. But then Chinese members approaches, like, you cannot put San Wukong on a scooter. He's the destroyer of worlds, blah, blah. So that was really. So one challenge is to make Sun Wukong perfectly memeable, if I can put it that way. We're currently working on a new meme character that's exactly at the same time maximum strong and powerful and charismatic, but then also funny and memeable.
Conclusion and Future Aspirations
Yeah. So that would be it. Thanks for the question, Ben. And I will disconnect now and go to my computer and request speaker rights again. See you in a minute. All right, thank you. Okay, so do you want me to continue, Pavel, or. Well, yeah, for sure. The next question, I think, will be, if you could change one thing about launching meme coins on Tron. But I will just answer myself first and then leave the word for our guests.
Challenges of Getting Listed on Exchanges
And the reason I say this is because with all of these memes going ten plus 20 plus 30 plus million market cap, getting listed on these exchanges becomes quite the task. And you're dealing with 1012 different exchanges on a daily basis that are throwing all these wild numbers at you, and you're trying to figure out what makes sense, what doesn't make sense, especially if you're new to getting tokens listed on exchanges. One thing I would say is maybe some advisors that could potentially help a group to help get listed on exchanges and make sure that process went extremely smoothly. And secondly, some sort of way to generate fees off the volume that's traded on the token, because to my knowledge, there's no way to do that as of yet.
Thoughts on Tron and Meme Coins
What would you think if you have power to change on Tron? If you could change one thing about launching meme coins on Tron, what would it be? Yes, I think the, like, sun pump and Justin sun did a lot of support so far for Tron, meme coins launching on Tron. But there, of course, some ideas maybe also build something that gains the meme tokens at start something like also some integrated social features on the platforms on sunpump to integrate more. Because when you look at the comment section on sunpump for example, it's full of bots. We need to have some safety measures here to remove people that bought it. Maybe they can connect their ex account or Instagram account or something else to integrate social media. Also maybe to add more gamification features when launching a coin.
Enhancing the Launch Experience
I was thinking maybe of course there's like this bonding curve. Maybe the bonding curve could be like something more gamified. For example, people can put in their tokens and support the chart and maybe something like a rocket, I don't know, being more. A little bit more graphical and stuff because we are talking here about sun pump and I haven't seen the sun so much on the platform in terms of meme and animations and stuff. So maybe that would trigger more people in. And also the thing which we are thinking about also what Profar said, giving people or giving the tokens ability to burn at start also burn tokens or get some fees or maybe giving the developer or community members also to burn some tokens at launch. Maybe 50% or so without doing it manually so directly on the platform because that would help also.
Concerns About Liquidity and Fees
And yeah, so a little bit more features on the platform would help but I think already they did an amazing job. And of course also the fees. The fees are sometimes going higher and then getting lower, maybe more. Also constant fees that would help. Before I go to Sun Wukong, I would change one thing actually myself I would change the ratio of DLP. Because currently you can see projects on 10 million market cap. But on DLP it's only about six, probably 300,000, maybe less than that. Actually less than that. And it's. Yeah, about 368 I saw this morning. And that's very low. So they need to allow project owners to add more liquidity to the projects.
Liquidity and Attracting Whales
Because the only way to attract more whales to buy into your projects is when you have a tick liquidity. And everyone knows that. And with the model of pump fund it really doesn't make sense to me at the moment. So an option to add liquidity to lp, that would be my first thing to change at the moment. Yes sir, I can hear you loud and clear now. Nice to hear your voice again. Yeah, so you're right. Sorry. Yeah, it was on my end. Jesus Christ. I changed from phone to computer. Now it works. So, yeah, usually it's better on the phone anyway. Maybe at a glitch. So actually I can second what you said. Like, the ability to add more liquidity to the pool would be awesome.
Onboarding New Users to Tron
We have that in other ecosystems and I'm pretty sure that will be coming. And next to that, like, since we are onboarding a lot of new users also to the Tron ecosystem, it could be like a really cool feature. Could be maybe in Sunswap or something like that where you could also swap with, maybe include something like a swap feature in there, you know, like, I don't know, partner with Changenow or any other platform so that people could basically more seamlessly bridge Solana over to or a very mobile tetron and then automatically buy easily with one click. Buy. Yeah. Faux far or San Wukong or Sankhyat.
The Future of Tron with New Tokens
So that would be something that would be really nice as well. I'd be changing, you know, with the new tokens popping up on Tron ecosystem, I can't help but wonder whether that little going to be the start of the show or are we looking like supporting role. I want to start with Sun Wukong. As you can hear me now. To be quite honest, like, I understand the line of thought. Absolutely. But if we look at Solana and what the meme coin dip to the Solana token value, I think Tron should everything but worry. I think it could easily propel them into the top ten, maybe even top seven.
Potential and Worries About Each Other
So I was saying. But actually, if we look at what, if you look at what the meme season, the meme hype season did to Solana, it propelled them up. So I can easily see Tron going into the top five with that because they have way more stables on there because. So I would rather expect stables to be swapped for meme coins other than Tron. Okay, soncast, what do you think? So I didn't understand the question correctly, but it was like, if we think Tron going to flip Sol or. No, with the new tokens popping up on Tron ecosystem, I'm just wondering, where does it get.
Insight on Tron and its Future
When you look at Solana, when you look what happened to BNB in the last bull runs, it was always the main star of the show. When it comes to meme coins, people swap to Tron, like, to TRX and Tron, and like, it has to be there. And it will gain a lot of more traction because the market cap will rise because the more people will come to the chain, because trading meme tokens. The more, like, people come to Tron to trade meme tokens, the better and stronger like TRX will get. It's just a logical thing, and I think the more use cases, also the meme coins built for Tron or for the token itself, and of course, with the pair of their own meme token, it will also get stronger.
Support from Community and Justin Sun
Yes, yes, he did. So, yeah, very good and very crazy that he does that. So obviously it's not his, like, duty to do that, but he's supporting us. He's supporting many meme tokens, and he's like, getting more people into the space. The more meme tokens he supports, the better. And I think there's nothing to add into that. I think it's just also the start of the things that he will do for Tron and also the meme space. I'm thinking he's a very strategic person. And once bitcoin really finally starts to do a new all time high and get the new all time high as support, I think he will start with a big things on Tron and getting even more support for the meme coin tokens.
Concerns About the Industry
We all know being a founder of top ten crypto projects is super risky in these days. We know what happened with CZ. SBF is in jail, repo, fighting a lawsuit. Bitcoin founder just vanished. We're all the type and the hype around Tron right now. I'm worried about Justin sun. What do you guys think? I want to start with Suncat, please. Well, we wish everything like, we wish the best for him, of course. Yes, please. Yes, we wish the best for him, of course. Yeah, he's already speaking.
Trust in the Ecosystem
I think he knows what he does. He has, of course, a lot of experienced persons, and he, of course, sees what happened to CZ and also what happens to ripple. And I think he's very connected and I hope the best for him. I'm not scared or we are not scared that this will happen or repeat, I think because the things around CZ and all that stuff happened when, like, crypto wasn't this into financial and into like, all the things with which happened with the ETF, Blackrock and all that stuff, I think as you, when you are cooperating with the governments and all the things which is getting more easier and easier with ETF's launching and also the banks investing into crypto and all the things happening, the best place right now to do these things and to endorse those kind of partnerships is right now.
Positive Outlook for Tron
Because the more and more people starting to invest into ETF's banks, governments, and even the president of the USA talking about crypto and Donald Trump and also Kamala Harris accepts now crypto, so it's getting more and more mainstream. I don't think we will get those many people getting in jail, but just because they do something in crypto or something, of course, if they are criminal, they deserve it. But we wish the best for him and we hope that Tron will be always a safe place because Tron is something that is always recognized as safe, efficient, and fast.
Community Support and Optimism
And that's why many billionaires have their money in Tron. Sun Wukong, are you worried about Justin sun seeing everything that I've mentioned in my question? Yeah, to be honest, I hope not. Like, he's really a great guy, also fun guy, like chatting with him is amazing, like spaces and, you know, and I really hope not. And I'm actually on the side of sunket. I think adoption is getting stronger, us leading the way. I think China is also close to unbending bitcoin. So I'm not worried. I think he knows well what he's doing. He knows the boundaries and I hope he's going to strike with this project and his platform.
Success Beyond Individual Influence
And I'm actually not worried now. I completely understand so far. What do you think? Yeah, you know, from my perspective, I think it, you know, for Tron to be successful and, you know, potentially it's at this point already, that's something that's up for discussion. But for Tron to be bigger than Justin sun is the goal at the end of the day, right, for people to come in here, build good products, build good utility, so that regardless of what happens with Justin sun, just like CZ, Binance is still a thing, right? Binance is still the number one exchange in the world.
Setting Up for Long-Term Success
So similarly, you know, as long as we can focus on making sure that Tron is bigger than Justin sun and, you know, he's not the only one that decides the fate of the ecosystem, you know, we're setting ourselves up for success and I think we're on the right track. And I think Justin sun is in support of that as well. Let's talk community. How do Tron users compare to the other blockchain communities you've interacted with? I want to hear Sun Wukong, please. Because you have, I mean, with suncat and faux fire, like your community is what makes you.
The Passion of Tron's Community
Yes, absolutely. So it's crazy. Also, 16,000 holders. Such an early stage. It's really great. And yeah, I can only, I can say nothing but the best, to be quite honest. I mean, we are learning so much about the chinese culture and about Chinese because we also have this big chinese community and at the same time, we also have a really. Nice and strong English speaking or international community who of many are even the most passionate because they are like, I've been a fan since I was a kid reading all these unimaginative comics and you can please do that and do this and explaining the mythology to us. So, yeah, our community is great.
Community Comparison
And if we compare, this is so much less player versus player. It's so much less greedy, so much less like trying to make a small gain over the other. So I'm quite actually super, positively surprised by the community hours and in general on Tron. Yeah, absolutely. Sonkat, how do you compare the Tron communities to other chain communities?
Geographical Presence and Community Dynamics
Yeah, so what I've seen so far on Tron is there is like, of course, a strong presence of Asia, particularly China, which is logical, but also from other continents in Europe and America. But what I see is people on the Tron chain are willing to work harder for their back so far because people are very experienced on Tron. So we met a lot of people in our community and also community from other tokens. They have been here since a long time on Tron, and they've built building developers themselves. And yeah, it's just a different type of, like, attitude on Tron.
Community Engagement and Willingness to Support
So they're willing to work for the project and also the strong community, like around Justin sun and also the Tron Dao is helping a lot of people and that they are coming easily to buy those meme tokens. So a lot of people that have been like, or wallets that have been just holding USDT on this chain are coming now. And they're also talking with us and saying, okay, hey, guys, I've been on Tron. I can help you. And it's a very friendly chain, I would say. And of course, people love that the coins here have also the slow fees, so they endorse that.
Building Trust and Attracting New Users
And I think if we keep that consistent, we get more and more people. We get more and more people also from Tron that have been holding Tron and USDT here a long time into the meme space. I think they are just sidelined. They want to check if the space is just the thing of the hype of just one, two months or if we are still here next year and of course, all the early years after. So it will be the longer we play here, the more we will have success. I agree. I absolutely agree.
Evolving Dynamics in the Tron Community
Fofar, any particular change you've seen on the Tron community? Yeah, I mean, not much more to add to what Sun Wukong and what Sun Cat said. I guess the only other thing I would add is, you know, because the tron ecosystem is so new and so early, we see a lot more, a lot less PvP in a sense, and we see a lot more, you know, creative ideas allowed to actually grow. You know, if we look at something like Solana or Ethereum, you know, everything has been done, if not once, twice, or maybe even three times.
Ecosystem Growth and Holder Engagement
At this point. So it's really about, you know, being able to set yourself apart and you can do that so much more easily on Tron currently and build a very organic community. You know, we've been able to amass 13,000 holders in a month of our token being live, which is, you know, absolutely amazing. And as long as that momentum is increasing and that holder count is going up and up over the days and over the weeks, you're doing something right and just keep pushing. That's all I can say about that. Absolutely.
Future Predictions for the Tron Meme Coin Scene
I do agree with some points in there, actually. Looking ahead, whether you see the tron meme coin scene in a year, any biggest predictions? Probably I might have a slightly different opinion than what you guys think, but let me hear some cut, please. So I think if you look at like other chains on their, like what happened after the meme coin season, they had. So Lala is like very strong still here. BNB, of course, not that strong as it was in the former years, but still there.
Sustaining Momentum and Institutional Adoption
They're still meme coins thriving and they're coming back right now. But I think we will still be here. Of course, it also depends on every single project, you know, and also depends on how you build the coin, how do you build the community, the team, and also the thing, the liquidity. You need to think if you want to be here long term. You need to start think as a business and not just also as a meme. Of course we need to have fun. We need to be memes. But if you want to be stay here long term, you gotta like face the truth, that you need to start looking for ways beyond the beer markets.
Navigating Market Cycles and Opportunities
Also deliver the beer markets. There are some very cool examples that have been thriving through beer markets. You can just study them, do what they do. And I think it's not like impossible when other tokens can do this. We can do this too on Tron. And of course it also depends on bitcoin. But struggling with bitcoin or looking just on the bitcoin chart as a meme token move your chart won't move your community. You have to find other ways and that's what we are doing.
Investor Sentiment and Market Entry Timing
Okay, well, that's fascinating indeed. Fofar, where do you see the Tron meme coin in the next year or so? Any predictions? Yeah, I mean, you know, it's obviously hard to see the future and know where things are going to end up. But I follow a very simple philosophy. And that philosophy is the Benner cycle of seasons and basically what this says is Benner, Samuel Benner, who was a farmer back in the 18 hundreds, predicted the movement of stocks and goods based on, you know, the season of crops and the farming cycle.
Optimism for Ecosystem Growth
And what he was able to figure out is that there's years of when things are good and there's years of when things are bad. And so, you know, over the next year, you know, leading into 2026, he's predicted that, you know, this is going to be a very good year for stocks and goods and all that. So I'm extremely bullish on the entire ecosystem over the next year. And with that, you know, Tron is obviously going to do the same. So very excited to see where things go.
Market Cap Aspirations and Team Efforts
You know, hopefully we see some tokens at ten plus billion market cap and, you know, the other ones follow suit. I know all these teams are working day and night to make sure that, you know, their communities continue to grow. So as long as we keep doing that, I think we're setting ourselves for success. I love to see you optimistic in the San Wukong. Where do you see Tron memes in the next year? Well, I think, especially given the character of Tron, that it's a sort of retail popular chain in a way.
Potential for Major Meme Coins
Right. So it has a lot of adoption. I can see big multi billion dollar meme coins happening on Toronto, to be quite honest. So if you look at other chains, they always had some of their darling chains, darling meme coins. Sorry. So, for example, Bretton base, right? It got so popular because it was blue. Or if you look at Shib, it was a very great fit to Ethereum because they also did a lot of defi.
Opportunities from Cultural Connections
Right? It was the defi chain by that time. Or if you look at Bonkbo, it was an apingental sniping block. Right? So that's a quite good fit for the PvP chain. And if I look at the coins that we have right now, yes, Sundark has a head start. It was also the first big mover. Suncat and Fofar are also strong. I think Fofar has great potential, being the red mascot of Tron.
Cultural Relevance and Market Appeal
And yes, Wukong also has their shot to become a multi billion dollar meme coin, to be quite honest. Because every kid, every grown up in Asia loves sun Wukong and having the coins in their wallet should be lucky charm to them. So in general, I see several meme coins going to multi billion dollars and I wish everyone the best.
Retail Investor Presence and Market Dynamics
Okay, that's fantastic. Now let's address some questions. From the giveaway Cl's global conducted earlier, when will retail investors enter into the market? Right now. Is it very. It's a little bit sluggish. Is Tron gonna be the one to flip soul? Well, I think I can start answering on this question because I was choosing them from this giveaway and yeah, these questions were really interesting.
Market Trends and Future Growth
So in terms of retail investors, I think that at first large volumes of trades were organically generated due to the novelty of the product. And it was similar how pumpfun had several growth of phases. So right now, if you look on chain analysis, we can see that some decrease in organics is happening. But again, as crypto market also have different cycles, we will see more cycles of increase in on chain on tron very soon.
Market Sentiment and Promotional Strategies
And I really think that Justin won't leave his creation in such a state and will start pumping up volumes while assisting major market players with issuing grants, running some ads and more. So again, we will see even more cycles of hype, especially taking account the future bull market, which will come in like maybe November or even 2025.
Comparative Analysis with Competitors
And yeah, by the way, if I'm not mistaken, after some pump launched on August 13, during the first week, more than 40 tokens have a market cap about 1 million, which is, seems to be bigger than it was on Pamfan. So yeah, that's the first thing which I want to say. And just small updates about like, is Tron gonna be the one to flip Solana?
Market Cap Dynamics and Future Prospects
All right. Right now there is a 50 billion market cap range between them. But the very fresh news is that yesterday, Sunpap, not sunpam, but Sundog, had a huge buying pressure came in leading into reaching 1 billion of market captain, although it didn't hold there. But that's a definitely bullish sign for the whole ecosystem. So that's just our feeling on that.
Overall Sentiment and Community Growth
So I hope, like some wukong, you like to answer on this question too. Yeah, like, I was just, it was, were stoked seeing that $1 billion spike. That's just what I want to say. It's really cool to see. That's a real way of dipping in clipping that. That's awesome to see. And yeah, if you see what Justin's doing, he has his clan, right?
Innovative Strategies and Unique Offerings
So he's pushing meme coins and he's also pushing for NFT collections. And who knows, these things can get fast nowadays, right? And Solana is super burned, to be quite honest. So much cheating, so much like they dump on each other in minutes and you see great narratives coming up on trump that are actually unique. Not the hundredth cat, not the hundredth dog, not, you know, it's nothing against cats and dogs.
Community Dynamics and Market Potential
I love both cats and dogs and I love cat and dog meme cards. But it's possible, like I said before, like things can go fast and this chain is matured and there are some really unique, cool projects and there's very little greed so far. So why not. So far? What do you think?
Justin Sun's Vision and Future Success
Yeah, you know, I think that Justin sun is making all the right decisions and doing all the right things to make sure that he's very successful. And, you know, I think as long as the overall markets, as long as the overall markets do what we need them to do, I think Tron will follow suit. So I'm very bullish.
Market Cap Evaluation and Future Ambitions
I don't know about flipping and all that because of market caps, but it is possible that Tron does very well this cycle. I genuinely hope so. Sonkat, anything to say about your thoughts if TRX will flip Seoul? So when it comes to TRX, you need to just compare.
Focus Areas for TRX
What those two chains have focused on in the past has been like building always a large user base, particularly focused on like store of wealth, USDT and all that stuff. But it has been like doing some great developments in the past, for example by the acquisition of BitTorrent and other companies or projects that have been working.
Transaction Volume and Adoption Metrics
So it's gaining a lot of more traction. But right now, like, Tron was like the king of daily transactions and also UCT and tether Solana has like, more like, yeah, this like meme coin narrative in the past also, they have been building a lot of gaming and NFT stuff. What I think TrOn needs to do in order to flip Seoul, which was of course not impossible, is like getting more into this kind of spaces also and investing more into other spaces and adopt more with the community and of course getting more institutional adoption because Solana has a lot of institutional adoption.
Strategies for Institutional Growth
What we also need to consider, and if Tron or Justin sun like, gets this institutional adoption and more people like more of the big sectors getting into the coin or TRX itself, making it more attractive, I think TRX can flip sol. Of course it's hard, but it's of course not impossible. And there is a possibility if you just look at the transaction volume, but you need to get also institutional adoption here.
Justin Sun's Innovations and Future Gears
And I think he's working on that in the back. So it will come soon. Very well put, mate. Very well put. Well, that brings us to the end of our main discussion. But before we wrap things up, I would like to mention an exciting Tron initiative from CL's global.
Tron Ecosystem Boost Initiative
Pavel, would you like to share more about that? Yeah, for sure. So like we're launching the Tron ecosystem boost initiative and one outstanding project, we will receive a month of free professional market making services from like our company since we're looking to support the most innovative idea that will catch our eye. So yeah, we're just trying to bring more development developers and assist them in any action they're going to make on this chain.
Encouraging Innovation in the Community
So thanks for asking. Well that's fantastic news Pavel. I knew this before and I really couldn't wait to let you share it with everyone else and I hope any developers listening will take advantage of this. Guys, you have the main account of CL's global, you have Pavel, please reach out because you would be the first to be using that.
Closing Statements from Participants
And now before we sign off, I would like to give each of our guests a chance to share any news or plans they have and let our listeners know how they can follow you. So let's start with Suncat. Yeah, thanks. So what we plan a lot of things. Of course, like I said, we now focusing on being here long term and building some revenue models and also use cases for our token and also for the community getting more and more partnerships in and also we'll be at the Token 2049.
Community Engagement at Token 2049
So looking forward to meet other tokens there, meet you guys there and having some merch also with us. So we are looking forward to many things planned. We cannot do anything at once, but there's a lot of stuff aligned. Of course we want to build a cat colony on the sun and you can follow us and of course x, we have a Telegram channel and you can check everything on the website.
Community Spirit and Future Events
Keep in touch with us and hope to looking forward to you guys and also seeing you guys, everyone here on the sun on Token 2049 and Big Love. And thanks also to CL's and Ben for hosting the space. What I want to add also is like there is no this kind of strong like community and vibing in X spaces when it comes to memes on other chains.
Fofar's Upcoming Initiatives
What I've been seeing so far, so Tron is very cool in doing that and we enjoyed it as a community and yeah, keep up this work and let's see if we all meet on the sun. Great stuff. Sunkat, over to you Fofa. Yeah, likewise, you know, we'll thank you so much for hosting us on this space.
Project Growth and Event Presence
It's always such a pleasure to come up here with all these great projects as well as CL's and Ubend, you know, to have this discussion in terms of for what we've got coming. You know, we've got a couple cool listings that will be coming out later this week, early into next week, and then we'll also be present at Token 2049 as well as Solana breakpoint to talk about fofar and make sure that, you know, everybody knows what we're building.
Community Engagement Plans
Lots of merch and stuff that we'll have there, as well as maybe a cool meetup that we'll do with all the fulfar community. So looking forward to seeing everyone there. Please shoot us a DM if you're gonna be at token 2049 and we'd love to get together and, you know, push folk forward together.
Community Spirit and Future Plans
Thanks so much guys. Great stuff. Over to. Yeah, it's been crazy busy days. Actually got quite a few things to share. I tried to keep it short. Like we are super excited about the recent developments. Also shout out to Ruben and ADM, AWM, some members on the team have done an incredible job.
Innovations and Collaborations
So basically we're working on this perfectly memeable Sun Wukong figure right now, right? And the idea is to maybe even make them little action figures we don't know yet. So that's one thing we're looking at that would be really fun. And another thing is we have almost finalized the global branding.
Brand Expansion Strategies
So similar to what bored apes did, right? A very clean, premium global branding to send Sun Wukong as a brand around the world. Today we announced a partnership with Xrel, which is basically one of the first or one of the first and the coolest web 3d studios. So if you have Sun Wukong in your wallet, you can get a dedicated Sun Wukong avatar there and use it in the metaverse and in minigames.
Token Utility Development
So that's token gated and that's already the first real utility for us. We're super excited. Then we finally got our listing on coinmarketcap today. Also bullish event. Super happy about that. We have a partnership in the works as well, with one of the major Og NFT collections on Tron.
NFT Collection Development
We're working on our own premium NFT collection. We're taking our time for that. It's still going to be some days, but it's going to be like Justin said, maybe choose an NFT, want to be in that game? Try to create the coolest stun Wukong worthy NFT collection that can possibly be.
Community Collaboration and Engagement Initiatives
And yeah, on the new website extension as well. Yeah, but overall we are glad with a super strong community with this unique meme coin cultural, superhero comic anime special. Yeah, so that's what we are working on and we'll hear from us soon.
Community Engagement and Support Requests
One ask, maybe we have this usual Fud attack where people would mass report you to lower the price. So I'm currently on a backup account right now. If anyone can, everyone can follow it. That would be awesome. Thanks guys.
Final Thoughts and Wishes
Well great updates all around. Pavel, anything you would like to say at the moment? Well, after having such a great time with such a great guests, first thing which I would like to do after ending our conversation, I will make a wish and cross my fingers that all of the projects which were participating here will cross 1,000,000,100%.
Strategic Planning and Future Goals
Then second of all, yeah, we outlined our plans to strengthen our team with more traders, increase our launch capabilities, etcetera, to continue supporting the narrative and the ecosystem. And finally, yeah, we really wish to see you on token 2049 and on even our events which we will be hosting there.
Gratitude and Conclusion
So yeah, thank you again for joining. Ben, thank you very much for hosting this and it was a very big pleasure to have this tour space together. Thank you very much Pavel. It's my pleasure to be hosting this amazing spaces with amazing projects. The three of them are actually some of my favorite and biggest holding and I really wish your wish come true so we can all make it happen and very happy indeed.
Session Wrap-up
Well fantastic. Well done. That wraps up our session today. A big thank you to all our guests for sharing their insights, thoughts, and a special thanks to our fantastic listeners for tuning in. Please guys, don't forget to follow this project and take advantage of the CL's global initiative if you are a developer on drone next time. This is Ben Towler and I'm signing off on that note.
Farewell Wishes
Thank you very much indeed. Thank you. Have a good day. Thanks guys. Take care.
