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Tron Founder Justin Sun Plans to Become an Active Memecoin Trader

source-logo  thenewscrypto.com 11 May 2023 09:55, UTC
  • Justin Sun’s new active meme token will come soon to the crypto market.
  • There is no guarantee of listing this project on any exchanges.

While the “memecoin season” dominance is increasing in the global crypto market, TRON (TRX) founder Justin Sun tweeted that he decided to introduce “new actively trading memecoins and promising projects” through his public address.

I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023

In addition, Justin Sun clarified in a tweet that;

I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.

Recently, new meme tokens circulating and unexpected price rallies attracted many cryptocurrency investors. Also, Crypto Twitter buzzes with new memecoins every day, which all start with Pepe (PEPE) coin, which surged more than 5000% in just a few days.

However, Huobi’s adviser warned that his investments do not constitute financial advice. Further, Justin Sun cautioned that there is no guarantee of listing this project on any exchanges, including Huobi Global and Polaniex.

Justin Sun has been known for his aggressive marketing tactics and frequent social media presence. That has generated both admiration and criticism from the cryptocurrency community.

Prior to founding Tron, Sun worked at Ripple Labs as the chief representative. And advisor for the Greater China region. Moreover, leading memecoin FLOKI also supported the TRON founder’s decision and commented in his tweet.

thenewscrypto.com