TRON: Top Tron Investors Lose Faith In Justin Sun & Join New $0.001777 Crypto...
The sentiment of crypto investors can shift rapidly, and the latest buzz is around Tron (TRX) investors seeking greener pastures. Despite recent gains, top Tron (TRX) investors are reportedly losing faith in Justin Sun’s vision and are flocking to a new cryptocurrency that is currently priced at $0.001777. This emerging token, Mpeppe (MPEPE), is drawing significant attention for its innovative approach and growth potential. Here’s why this migration is happening and what it means for the future of Tron (TRX). Tron’s Recent Performance: A Mixed Bag Tron (TRX) has had a notable....
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Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known Cryptopunks series, but on the Tron blockchain.
Justin Sun Purchases NFT for $10.5 Million
Justin Sun, the founder of the smart contracts-enabled Tron blockchain, announced today the purchase of an NFT avatar for $10.5 million dollars worth of tron. The NFT purchased, identified as #3442....
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON confirmed that a new stablecoin will be launched on the blockchain. In a tweet, Sun stated that, “TRON DAO joined hands with major blockchain players to launch USDD (Decentralized USD), the most decentralized stablecoin in human history.” Do Kwon of Terra also welcomed the announcement,....
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s Success It’s tough to take Tron’s Justin Sun seriously. His endless shilling on Twitter and use of celebrity endorsements of the likes of Lindsey Lohan are certainly not helping him cultivate an image of blockchain savvy. Yet, despite his controversial approach, something more....
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy $2 billion to “fight them” and said he didn’t think the shorters could last 24 hours. Furthermore, the stablecoin USDD took a small dive on Monday, dropping to $0.977 per unit during the crypto market carnage.
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‘Global Economy Can Be Fixed by Blockchain,’ Says Tron Founder Justin Sun, the founder of Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix global economic crises at the Twelfth Ministerial Conference (MC12). Sun spoke during the Small Island Developing States (SIDS) segment, where delegates of various WTO member […]