en.bitcoinsistemi.com
Justin Sun, the founder of Tron (TRX) and one of the most important figures in the cryptocurrency market, made a statement regarding an altcoin in his portfolio.
Accordingly, Justin Sun stated that he still holds all of the Lighter ($LIT) tokens he previously purchased and remains optimistic about the price in the long term.
Justin Sun stated that he still holds all of the LITs he purchased and remains long on Lighter for the long term.
Sun also added that he had rebalanced his wallet and would be reinvesting in Lighter soon.
Sun purchased 13.25 million $LIT tokens worth $33 million earlier this year. This $LIT holding represents approximately 1.33% of the total token supply and 5.32% of the circulating supply.
In a recent Q&A session, Vladimir Novakovski, founder of Litentry ($LIT), described Sun as a group of “HODLers”.
$LIT, which has fallen 6.6% in the last 24 hours, is trading at $1.20 at the time of writing.
*This is not investment advice.