#JustinSun , known as the founder of Tron, settled into cryptocurrency by paying $6.2 million for a work of the banana.
Maurizio Cattelan's modern art work The Comedian, which emerged from a taped banana, left its mark on the crypto party. The work in question was sold to Tron (TRX) founder Junstin Sun for 6.2 million. After the sale of the work, a memecoin called #BANANA (N) was issued on the Tron network. N, which became popular in a short time, performed an astronomical 10,000 percent.
The banana that made history with Justin Sun
Cattelan's work The Comedian has become one of the most talked-about pieces of the crypto world as well as modern art. This work, which was first exhibited in 2019, is literally a taped banana. The idea, with its simplicity or absurdity, has led to discussions on what his art is.
The work was sold to cryptocurrency entrepreneur Justin Sun for 6.2 million at a Sotheby's auction. Sun described this work as a symbol of how art, humor and historical present intertwine. He even stated that he could eat us personally by turning it into a performance piece.
The auction was quite lively. The opening price started at $800,000 and quickly reached millions. During the auction, a humorous shout was made with the words, “This opportunity has been announced!”
Memecoin hunters did not stay idle
After this move by Justin Sun, a memecoin named Banana (N) was released on the Tron network. Although N fell from the market data of $155,000 in the first minutes of its production, it later increased by 10,000. Reaching the market data of $1.7 million in just one hour, N proved Justin Sun's power in the sector once again. In addition, Sun increased his social media shares after ensuring the purchase of his work.
