Justin Sun, famous for his role in the creation of the Tron (TRX) ecosystem, has made headlines across the crypto space. He has publicly contested allegations made by
Coinbase that there are no listing fees for tokens on the exchange, suggesting an unjustifiably high fee was charged for TRX. Sun also expressed interest in bringing traditional finance (TradFi) to Tron and voiced approval of canines over felines in memecoins. His own token, the
SUN coin, witnessed significant price movements, ascending by 11%, and subsequently 176%, propelled by a promotional effort from Sun himself. In addition, Sun released a statement voicing his excitement about the future of Tron’s meme coins. Controversially, Sun seemed to arouse speculation by teasing the upcoming boom of Sundog, a new meme coin on the Tron network. Sun has shown interest in
meme coin innovation; his core focus is on
SunPump, a new token from the Tron ecosystem, establishing a 100% on-chain buyback for the coin, a move that increased the token's price. However, not all of Sun’s ventures have been well received, as
BitGo elected to cut ties with Tron, a decision largely inspired by the company's worries about Sun's influence. Despite this setback, Sun remains committed to Tron’s growth and claims a significant crypto breakthrough for China might be just around the corner in 2024.
SUN Coin News Analytics from Wed, 15 May 2024 07:00:00 GMT to Wed, 06 Nov 2024 03:47:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
