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↑ SUN Coin's Unprecedented Surge amid Justin Sun's Crypto Controversy and Initiatives

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SUN Coin's Unprecedented Surge amid Justin Sun's Crypto Controversy and Initiatives

The cryptocurrency market is witnessing distinct activities related to SUN coin and its creator Justin Sun. The Tron founder is publicizing the meme coins related to SUN token, including the launching of a Tron-based token generator primarily dedicated to meme coins. Meanwhile, the SUN token price has seen a remarkable surge, sparking speculations over the next significant crypto boom. Sun has been critical of Coinbase for its cbBTC launch, terming it as a dark day for Bitcoin and demanding Proof-of-Reserve. Regardless of Justin Sun's crypto activities, the USDD stablecoin silently removed a significant amount of Bitcoin collateral.
Furthermore, SunPump now allows launching meme coins on the Tron blockchain, and Justin Sun has pledged to allocate 100% of SUN's Revenue to Token burning. On the other hand, SEC's efforts to counter Tron's arguments in an ongoing security suit were rejected by a NY judge. Despite the crypto market downturn, Sun denies liquidation rumors but remains upbeat as Circle ends USDC stablecoin support on the Tron blockchain. Lastly, the price surge of the SUN coin and the controversy involving Sun has prompted Sky to reduce its exposure to WBTC.

SUN Coin News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Wed, 18 Sep 2024 17:35:00 GMT - Rating 7 - Innovation 3 - Information 5 - Rumor 5

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