Reports have emerged of a significant surge in the price of Tron, after Tron’s founder, Justin Sun, drew a comparison with XRP. Sun also recently made headlines for being the biggest investor in a crypto project backed by Donald Trump. His investment amounted to a whopping $30M. The project subsequently received increased market attention leading to a significant rise in Sun Token price.
Sun Tokens surged by 176% following Justin Sun's post. The news sparked a rally, making SUN token a likely candidate for the next $1M meme coin. Now, Justin Sun is attempting to link Tron’s brand to Trump. Coinbase, however, is facing allegations from Sun and Cronje of a $300M token listing controversy. Meanwhile, Sun has also stepped into the role of advisor to the Trump-Backed Crypto Project after his $30M investment.
The 'SunPump' project associated with the Tron Blockchain has also made strides through a 100% on-chain buyback implemented by Justin Sun. On other news, TRON seems to be breaking into the market with its meme coin on Justin Sun's energy, fees, and NFT talks.
This rally and the series of monetarily significant events have led to speculation within the crypto community, with some analysts predicting Sun Tokens could explode 300% after its SunPump buyback and burn plan. This is an exciting time for Tron and the larger Sun Coin community, leading to a palpable air of expectancy around the coin’s future performance. Most recently, Justin Sun has offered to buy Germany's $2B Bitcoin stash, potentially minimizing market impact and setting the stage for new crypto ventures.
SUN Coin News Analytics from Wed, 15 May 2024 07:00:00 GMT to Wed, 04 Dec 2024 16:00:01 GMT - Rating 8 - Innovation 6 - Information 5 - Rumor 7