#JustinSun , known as the founder of Tron, settled into cryptocurrency by paying $6.2 million for a work of the banana.

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.

Justin Sun's memecoin history

On the other hand, a new platform, SunPump, which enables the launch of memecoins offered on the Tron networks, as well as on the Solana blockchain (pump.fun), was launched by Justin Sun. In his statement on the subject, Sun said, "SunPump helps to ensure that creators and schemes are followed by a detailed review of certain standards of integrity before tokens are allowed to be issued on the platform."

#AltcoinNextMove #binance #TRX @Justin Sunć­™ćź‡æ™š