How a $6.2M Banana Pumped TRX by $700M in a Day

In November 2024, Justin Sun, the founder of Tron, bought a banana duct-taped to a wall—yes, a literal banana—for $6.2 million. The artwork, named “Comedian,” went viral instantly, sparking global conversations about memes, art, and crypto.

The result? TRX, Tron’s native token, surged 66% in a single day, adding over $4000 million to its market cap. Trading volumes exploded, jumping from $1.9B to $6B. Within six days, TRX’s market cap grew by $2.1 billion.

So, why the pump? It wasn’t just the banana. It was the meme value. Sun leveraged controversy and humor to grab global attention, turning a bizarre purchase into a massive marketing win. The event showed how meme culture fuels FOMO in crypto, proving once again: hype sells, even when it’s a banana.

This isn’t just a pump story—it’s a masterclass in how creativity drives markets. Would you bet on the next meme?

DYOR :-

They know what they are doing