TRON and its founder
Justin Sun have taken a significant role in the recent rise of the meme coin market, with the introduction of
SunPump, a platform that enables the launching of meme coins on the
Tron blockchain. Sun’s own meme token,
$Sundog, has achieved remarkable success, with its price surging 176% after a post from its founder and even predicted it could hit $0.6 with the new staking feature. SunPump is also supporting the launch of
IVFUN memecoin, which has already amassed over 17,000 holders. However, controversial stances, such as Sun’s criticism of Coinbase’s Wrapped Bitcoin (cbBTC) and the repeated calls for Proof-of-Reserve from the exchange, have stirred the crypto community. Despite the controversy, Sun seems to remain bullish on his Tron project, forecasting it will rise to be among the
Top 3 coins by 2027. Amidst all the noise, Sun has also been reportedly accumulating
Ethereum, despite a market downturn, while also declaring his intention to buy the German government’s $2.3B Bitcoin stack. Looking ahead, Sun has hinted at an ‘Exciting next week’ for Tron Meme Coins and teased a potential partnership with MOTHER Meme Coin Developer Iggy Azalea.
SUN Coin News Analytics from Thu, 14 Mar 2024 07:00:00 GMT to Wed, 25 Sep 2024 16:01:13 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 7
