Breaking news! The 90s young man Sun Yuchen ate a $6.2 million banana at a press conference in Hong Kong, and the story behind it is not simple!
Not long ago, a young man from the 90s did something big at a press conference in Hong Kong—he ate a banana that he bought for $6.2 million at an auction!
He said this was an 'artistic experience', but it was just spending a lot of money to attract attention. His name is Sun Yuchen, also known as 'Sun the Cutter', and his story can be considered a 'legend' in the cryptocurrency world.
Today, let's talk about the rise of this legendary figure in the cryptocurrency world, Sun the Cutter.
Sun Yuchen claims to be a young disciple of Jack Ma and is the only 90s student from the first session of Hupan University.
He made his first pot of gold through Bitcoin, with his net worth once reaching 15.8 billion!
What’s even more outrageous is that he paid an exorbitant price for lunch with Buffett, but ended up standing up Buffett.
He graduated first in his class from the history department at Peking University and later studied at the Ivy League school, the University of Pennsylvania.
There, he went all-in with all his wealth and made his first ten million through Bitcoin.
In 2017, he created $TRX , a blockchain-based digital currency, but the day after the fundraising ended, the country announced a ban on the issuance of virtual currencies.
Sun Yuchen learned about the policy rumors in South Korea and said in a live broadcast that he wouldn't refund money. As a result, the TRX office was emptied, and he directly ran to San Francisco. Brother Sun also became Sun the Cutter.
Not long after, TRX was listed on overseas exchanges, and the price was incredibly low, but at that time Bitcoin was on fire, and everyone was scrambling for anything blockchain-related.
The price of TRX skyrocketed, increasing by hundreds of times, seeming like a way to get rich, but the only ones winning here are...
Someone checked and found that most of the TRX is in one account, with retail investors holding very little.
This is clearly allowing a few people to manipulate prices, with retail investors rushing in. Sun Yuchen quietly sold coins from behind, making 12 billion in half a month.
This is a zero-sum game: the dealer wins, and the retail investors lose, and Sun Yuchen is the biggest dealer.
Sun Yuchen is sometimes a citizen of an island nation in South America and sometimes the acting prime minister of a micro-nation.
He also invested a lot of money in Trump's decentralized finance project, just to create a personal image for himself.
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