Justin Sun, the founder of
TRON and
Sun Token, has been playing a significant role in the cryptocurrency market. Amid allegations of market manipulation for
Onyxcoin, Sun also involved himself in< b>World Liberty Financial's (WLFI) crypto holdings increase. His influence extends from a $30 million backing of Trump's WLFI to pushing Ethereum's price to 10k, creating a huge market strategy. Sun also became part of
Trumpβs crypto project, increasing it's potential.
Sun's involvement in
Coinbase's legal battle involving a $300m token listing allegation and issues with delisting wBTC generated controversy. Taking a cue from his bold acquisition of a $6.2 million banana, he implemented a 100% on-chain buyback for SunPump and increased his Ethereum holdings, highlighting his aggressive and unique approach.
Demonstrating his belief in meme coins, Sun's investments in Tron Meme Coins and his creation of
SunPump exhibited potential for big returns. The frenzied activity led to a surge in Sun Token's price, as well as other coins related to Sun such as BitTorrent and SunDog.
Justin Sun's comments about traditional finance and cryptocurrencies suggest his intention of making
TRON a top coin by 2027, even challenging Ethereum in terms of technological advancements. However, turbulence ensued with
Coinbase and
BitGo related controversies, leading to doubts regarding Sun's objectivity.
SUN Coin News Analytics from Wed, 15 May 2024 07:00:00 GMT to Fri, 24 Jan 2025 20:31:05 GMT -
Rating +10
- Innovation +3
- Information +10
- Rumor +8