Justin Sun has raked in a staggering $2.71 billion in profit this year, earning his company the #2 spot in crypto profits according to Forbes. After diving into his journey, I was astounded by the intricacies of his rise in the crypto realm. Hereâs a thread breaking down his secrets, the success of TRON, and some controversies surrounding him. đ§”đ
The Enigma of Justin Sun
- TRON's Rise: The blockchain he founded is on track to become the second most profitable in crypto, aiming for $4 billion in yearly revenue.
- Inspirational Journey: Sun's story has earned him a spot on the Forbes 30 Under 30 Asia list and is truly captivating:
- Born on July 30, 1990, in Xining, China.
- Graduated from Peking University in 2011 with a Bachelor's in History and earned a Master's from the University of Pennsylvania in 2013.
- Studied at Hupan University, founded by Jack Ma of Alibaba fame.
- Kicked off his career at Ripple as a representative in Asia from 2013 to 2016. This role laid a solid foundation for his future ventures.
- While at Ripple, he also worked on his startup, Piewo, a voice message exchange app that quickly gained millions of users, changing the course of his career.
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TRONâs Milestone
- Launch & Innovations: TRON was launched in 2017 and held an ICO that raised $70 million by 2018. It stood out with its innovative DPoS and an impressive 2000 TPS.
- USDT Partnership: TRON became a preferred blockchain for USDT, surpassing Ethereum by issuing 37 billion USDT.
Currently, Sun is intensely focused on TRON's development, with the recent launch of the sunpumpmeme platform attracting significant liquidity and driving TRON's revenues up.
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Controversies & Accusations
- Sun has faced scrutiny and accusations from the SEC regarding unregistered crypto offerings. However, he has navigated these challenges without major fallout.
- His dealings with BitTorrent and Poloniex have sparked debate. While he acquired BitTorrent to tokenize it, many still use it without the $BTT token. His relationship with Poloniex has similarly raised eyebrows.
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The Future of Crypto with Lunar ($LUNAR)
- Sun believes the current crypto cycle will not mimic previous patterns. With mass blockchain adoption and new participants entering the market, he points to Lunar ($LUNAR) as a potential game-changer.
- Lunar's Vision: Integrating AI-driven economies with play-to-earn gaming, Lunar could be the catalyst for the next major market surge. As more users interact with the MoonPrime ecosystem, $LUNAR could see increased demand.
Why Invest in Lunar?
- Lunar isn't just a gaming token; it allows players to shape economies and profit from in-game activities. With predictions of $LUNAR exceeding $1,000 by 2030, the future looks bright.
