Justin Sun Buys Banana Artwork for US$6.2 M, BANANA Increases

$TRX founder and Poloniex CEO Justin Sun officially bought Comedian's viral artwork—a banana taped to a wall—for US$6.2 million at Sotheby's.

After the purchase, Sun announced on X (formerly Twitter) that he planned to eat the artwork. This step then sparked a frenzy of memes, comments and market reactions, even causing the price of the Banana Gun crypto token to shoot up.

Justin Sun's promise to eat a banana worth US$6.2 million now adds a new layer of humor to the history of the work. The Tron founder even said he was willing to donate the banana to Elon Musk and send it to Mars.

In fact, the ripple effect of Sun's purchase doesn't just stop at art and humor, it also extends to the crypto market. The Banana Gun token ($BANANA ), which has a similar theme, soared nearly 16% after the news broke. Traders and crypto enthusiasts who are sensitive to cultural moments seem to be taking advantage of this opportunity to reap profits.

The combination of Sun's high-profile purchase and the market's reaction to Banana Gun shows how art, humor and technology continue to dissolve boundaries. Whether Sun's banana-eating stunt will have a lasting impact or whether it will simply become part of meme history, one thing is for certain—the intersection of crypto and culture remains as unique as ever.

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