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Tron (TRX) founder Justin Sun continues to be one of the frequently talked about names in the cryptocurrency world. Sun has once again made headlines with his recent statements and altcoin moves. This time, he made a remarkable statement about the discussions surrounding the Sun (New) (SUN) token.
A Harsh Reaction from Justin Sun
Justin Sun, in his post from his X account, reacted harshly to those who deliberately made bad statements against the SUN token. Sun announced that he would buy all the SUN tokens in their possession for $0.03.
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Sun’s message was quite clear:
“To those who hate and deliberately spread rumors against us, I will buy all the SUN you have right now for $0.03. Sell me as much as you want. Then walk away.”
After this statement, the SUN token showed a rapid rise in the markets. It has increased by 10.5% in the last 24 hours and started trading at $ 0.034.
What is SUN Token?
SUN token is the governance token of the SUN.io platform, a project developed on the TRON network. The platform has a multifunctional structure that supports TRON’s first stablecoin swap, token mining, and self-governance. SUN token holders have the right to vote and manage the community, while also benefiting from various rights and benefits such as value capture and staking compensation.
Justin Sun’s exit has had a wide impact in the cryptocurrency world and is being closely followed by investors. It is a matter of curiosity how the SUN token will perform in the future and what the effects of this move by Justin Sun will be.
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