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News

TRON Founder Justin Sun Supported And Holding Over 100,000 Bitcoins

August 14, 2023 - Around 2 mins mins to read

Key Points:

  • TRON blockchain founder Justin Sun said he has always supported Bitcoin (BTC) and currently holds over 100,000 BTC.
  • He also expressed his belief that the TRON blockchain will be one of the drivers of BTC’s value enhancement in the future.
  • The comment comes as data shows that the Tron blockchain space was worth more than Bitcoin in 2022.
In a recent comment, the TRON (TRX) blockchain founder, Justin Sun, said he has always supported Bitcoin and currently holds over 100,000 BTC.
TRON Founder Justin Sun Supported And Holding Over 100,000 Bitcoins

Comments come with data showing that the blockchain space of Tron was worth more than Bitcoin in 2022. He points to the emergence of TRON as a network of stablecoins. This has the potential to impact the value of BTC positively. Among them, a notable trend is the widespread use of USDT TRON to trade BTC.

The Tron CEO said he is a long-term believer in cryptocurrencies and owns stakes in many altcoins, including the two most significant coins after BTC and ETH.

As a big believer in crypto, Sun is optimistic about the price of cryptocurrencies and is confident that cryptocurrencies like BTC are the future of money. In a previous interview, the Tron CEO predicted that BTC price will cross the $100,000 mark by 2025, emphasizing that other cryptocurrencies will follow the trend.

Justin Sun launched the Tron network in 2017, mainly dominated by gambling apps, before entering the alternative Layer 1 bull market in early 2021. The network’s TVL has ranged from 4 billion dollars to $6 billion by the end of 2021 and is currently second among network smart contracts with $5.5 billion, behind Ethereum with $24.434 billion.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

News

TRON Founder Justin Sun Supported And Holding Over 100,000 Bitcoins

Key Points:

  • TRON blockchain founder Justin Sun said he has always supported Bitcoin (BTC) and currently holds over 100,000 BTC.
  • He also expressed his belief that the TRON blockchain will be one of the drivers of BTC’s value enhancement in the future.
  • The comment comes as data shows that the Tron blockchain space was worth more than Bitcoin in 2022.
In a recent comment, the TRON (TRX) blockchain founder, Justin Sun, said he has always supported Bitcoin and currently holds over 100,000 BTC.
TRON Founder Justin Sun Supported And Holding Over 100,000 Bitcoins

Comments come with data showing that the blockchain space of Tron was worth more than Bitcoin in 2022. He points to the emergence of TRON as a network of stablecoins. This has the potential to impact the value of BTC positively. Among them, a notable trend is the widespread use of USDT TRON to trade BTC.

The Tron CEO said he is a long-term believer in cryptocurrencies and owns stakes in many altcoins, including the two most significant coins after BTC and ETH.

As a big believer in crypto, Sun is optimistic about the price of cryptocurrencies and is confident that cryptocurrencies like BTC are the future of money. In a previous interview, the Tron CEO predicted that BTC price will cross the $100,000 mark by 2025, emphasizing that other cryptocurrencies will follow the trend.

Justin Sun launched the Tron network in 2017, mainly dominated by gambling apps, before entering the alternative Layer 1 bull market in early 2021. The network’s TVL has ranged from 4 billion dollars to $6 billion by the end of 2021 and is currently second among network smart contracts with $5.5 billion, behind Ethereum with $24.434 billion.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.