The past few weeks have witnessed a flurry of activity related to
Justin Sun, the founder of
Tron and
SUN Coin. Sun has been heavily involved with
TRUMP Coin, a meme coin related to the former U.S President. Reports indicate that he purchased a significant amount of TRUMP Coin, with some sources claiming him as the biggest holder. Furthermore,
Tron announced its intentions to
go public in the U.S, with plans to establish a holding firm. However, these plans appear to be linked to Justin Sun’s father through a $100M Token Deal.
Justin Sun's controversial activities have not gone unnoticed. The
SEC appears to have paused its investigation into
Sun and
Tron, with potential plans for resolution in the works. Additional reports indicate that Sun's investments, particularly into TRUMP Coin, have raised ethical questions, specifically considering the attendance of heavy foreign investors at a dinner hosted by President Trump. There are also allegations of market manipulation involving Sun and the Onyxcoin (
XCN) Token.
Despite these challenges,
SUN Coin has recently listed on Kraken, with a significant airdrop promising access to Tron’s Ecosystem. There are also reports of Sun implementing on-chain buybacks and presenting plans to inflate Ethereum to $10K. Finally, Justin Sun seems to continue his strategic investments, as he has a considerable stake in
World Liberty Financial
SUN Coin News Analytics from Wed, 21 Aug 2024 07:00:00 GMT to Sun, 22 Jun 2025 13:02:23 GMT -
Rating 7
- Innovation -3
- Information 2
- Rumor -3
