- Justin Sun to Launch New Memecoin in Crypto Market Soon.
- Listing on Exchanges Not Guaranteed for Justin Sun’s New Memecoin Project.
TRON (TRX) founder, Justin Sun, announced his plan to introduce new memecoins and promising projects for active trading. This comes as memecoins are gaining popularity in the global crypto market.
I have chosen to actively trade meme coins and promising projects using my public address. I want to emphasize that I will personally take responsibility for any potential losses incurred from these trades. Moreover, all profits generated will be donated in full to charitable causes.
On May May 11, 2023, H.E. Justin Sun, also known as 孙宇晨 (@justinsuntron), announced his decision to engage in active trading of meme coins and promising projects. He further emphasized that he will personally bear any potential losses from these trades and donate all profits to charitable endeavors.
In addition, Justin Sun clarified in a tweet that;
I will take full responsibility for any losses that may occur from these trades, and all the profits earned will be given entirely to charity.
Lately, there has been a surge in the circulation of new meme tokens, leading to unexpected price increases that caught the attention of many cryptocurrency investors. Additionally, Crypto Twitter is abuzz with new memecoins emerging daily, with one called Pepe (PEPE) coin experiencing an astonishing surge of over 5000% in just a few days.
It’s important to note that the investments made by Huobi’s adviser should not be considered as financial advice. Furthermore, Justin Sun emphasized that there is no assurance of this project being listed on any exchanges, including Huobi Global and Poloniex.
Justin Sun is well-known for his active presence on social media and his bold marketing strategies. These tactics have garnered both praise and criticism from the cryptocurrency community.
Before establishing Tron, Justin Sun held positions at Ripple Labs as the chief representative and advisor for the Greater China region. Additionally, the prominent memecoin FLOKI expressed support for the decision made by the founder of TRON and shared a comment on his tweet.