SUN Coin has had a string of news, contributing to its behavior in the market. The coin saw a 50% price surge following a major announcement by Tron's founder,
Justin Sun. This was quickly followed by a conflict between Sun and Bloomberg, possibly detrimental to his image and the coin's perceived stability. Sun also revealed to be the largest holder of Trump's meme coin and attended a dinner with the president, a move that could potentially invite scrutiny due to the controversy surrounding meme coins. Additionally,
SunPerp has committed to a 100% revenue allocation to SUN token buyback, a move generally viewed positively for the token's value.
Sun was also involved in a legal dispute over a billionaires index, and later returned from a historic space mission while planning to land TRON public in the US. This amidst denial by Trump's family of any involvement. An ETH watch gifted to Sun at Trump's meme coin dinner raised eyebrows, with the mogul further pledging $20 million after a wallet block escalated tensions. It was a time of high drama with frozen tokens, court battles, Galactic plans for the Tron Ecosystem, and a constant tug-of-war between financial entities. Amid all this is a glimmering future where the
TRX price may surge due to potential listings and integration with popular platforms like MetaMask. However, its met with allegations, defamation claims, possible token dumping, and controversial associations. For now, the SUN coin remains under the spotlight with a lot of unresolved issues.
SUN Coin News Analytics from Mon, 25 Nov 2024 08:00:00 GMT to Wed, 15 Oct 2025 01:34:46 GMT -
Rating 2
- Innovation -2
- Information 8
- Rumor -5