The X post draws immediate similarities to a previous post of FTX’s Sam-Bankman Fried, back when the Solana token was trading at just $3.
Tron founder Justin Sun is taunting bears to market sell their Sun (SUN) memecoins in a curious echo of previous social media posts made by the now-bankrupt FTX founder, Sam Bankman-Fried.
Sun took to X to express his frustration with all the naysayers of his newly launched Sun token.
The founder wrote in an Aug. 30 X post
SUN is the utility token of Sun Pump, the first memecoin launching platform on the Tron network, akin to Solana’s memecoin deployer Pump.fun. Sun Pump flipped Pump.fun in daily active users and revenue on Aug. 21.
Related: Mt. Gox and US gov’t could introduce $15B Bitcoin selling pressure
Sun token up 240% in August
The SUN token saw a significant price appreciation during August despite the summer illiquidity characteristic of crypto markets.
Over the past month, SUN rose over 240% to trade at $0.036 as of 12:23 pm UTC, Aug. 30, according to CoinMarketCap Data
Zooming further out, SUN is up over 580% on the yearly chart.
