Shocking bomb! Justin Sun rumored to be Trump’s Web3 consultant
According to people familiar with the matter, TRON blockchain platform founder Justin Sun is expected to meet with the next President of the United States, Donald Trump, and is expected to serve as an advisor on cryptocurrency and Web3. This news caused a stir in the cryptocurrency market, and the global cryptocurrency market value exceeded the $3 trillion mark in one fell swoop.
At the same time, there is also news that Ripple CEO Brad Garlinghouse will meet with Trump. Garlinghouse remained ambiguous about this in a recent interview with (Fox Finance), which triggered many market speculations.
Industry insiders believe that the potential meetings of these heavyweight figures symbolize the increasing influence of cryptocurrencies and Web3 technology in the political arena, while also reflecting the legislative body's growing attention to the demands of the blockchain industry.
Source: CryptoPolitan Rumors suggest that Sun Yuchen will meet with Trump and serve as a Web3 advisor.
The cryptocurrency market is experiencing a comprehensive surge, with Bitcoin reaching an all-time high.
After the results of the U.S. election were announced, the cryptocurrency market welcomed a strong surge. The price of Bitcoin skyrocketed to an all-time high of $93,000, doubling since the beginning of the year; Ethereum also surged 33% post-election, reaching $3,400.
Analysts point out that the market is optimistic about the new Trump administration potentially adopting a friendlier cryptocurrency regulatory policy. If important industry figures like Sun Yuchen serve as advisors, it is expected to inject new momentum into the industry and attract significant capital inflow.
Market experts expect that supportive congressional representatives for cryptocurrencies will play a key role in the future, assisting in the formulation of policies conducive to the development of digital assets and blockchain technology. Although the market response is enthusiastic, experts also remind that while promoting innovation, a clear regulatory framework is still needed to prevent fraud and protect investors' rights.
A new industrial landscape, significant changes in Web3 policy are brewing.
As a well-known figure in the blockchain world, Sun Yuchen has been dedicated to promoting the development of decentralized content sharing systems since founding the TRON network in 2017. This entrepreneur, who was once mentored by Alibaba founder Jack Ma, is known for his aggressive marketing strategies and caused a stir in 2020 when he had lunch with 'stock god' Warren Buffett.
If Sun Yuchen really becomes Trump's Web3 advisor, his extensive industry experience and influence are expected to have a significant impact on the U.S. cryptocurrency industry, especially in the formulation of regulatory frameworks. Experts say that while the market is generally optimistic, a balance must still be struck between innovation and regulation to ensure the industry can develop healthily under a clear regulatory framework.
Source: CoinDesk Sun Yuchen once made a huge investment to buy the opportunity to have lunch with stock god Warren Buffett.
The role of Web3 advisor may reshape the future of the U.S. cryptocurrency industry.
If Sun Yuchen is confirmed to serve as a Web3 advisor, his influence is expected to far exceed that of the TRON network itself. The industry hopes he can bring a positive impact to the entire cryptocurrency ecosystem, particularly in discussions about regulatory policies. This high-level cooperation symbolizes a deep interaction between the U.S. legislature and cryptocurrency industry leaders, potentially opening a new era where regulatory policies can be more closely aligned with industry needs.
Market analysts point out that this positive interaction not only helps attract institutional investors into the market but may also accelerate the widespread application of digital assets. However, experts also emphasize that future regulatory frameworks still need to establish effective oversight mechanisms while supporting innovation to prevent market manipulation and other improper behaviors. As the market continues to maintain an optimistic attitude towards these developments, the U.S. cryptocurrency industry seems to be standing at the threshold of significant transformation, ready to embrace a new wave of growth and change.
'Big things are coming! Rumors suggest Trump will meet with Sun Yuchen. Could he become the U.S. Web3 advisor?' This article was first published on 'Crypto City'.
