Bitcoin

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.

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.

Victor

Recent Posts

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

14 minutes ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

59 minutes ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

3 hours ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

4 hours ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

4 hours ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

8 hours ago

This website uses cookies.