Sun Yuchen Defends TRUMP Token, Claiming Memecoin Has Legitimacy and Value

Odaily Daily News: Sun Yuchen, in an interview after attending a dinner hosted by Trump for TRUMP holders, stated that memecoin is a legitimate component of the cryptocurrency market and emphasized its "value". He refuted the accusation that the TRUMP token was seen as a "bribe", calling this view "short-sighted and misleading". Sun Yuchen pointed out that DOGE, SHIB and other memecoins have successfully helped users enter the market, and Tron will continue to support the development of various sub sectors of the crypto ecosystem. He believes that Trump's support for encryption is one of his "wisest decisions", representing a positive shift in US innovation in encryption and attracting companies that had originally planned to relocate overseas to reconsider their plans at the hair salon. （CoinDesk）