In the bright starry sky of cryptocurrency, Justin Sun has become an iconic figure in the industry with his unique presence and extraordinary performance. People jokingly call him the "Godfather of the Cryptocurrency Circle" not only because of his in-depth exploration of blockchain technology, but also because of his almost artistic "cutting leeks" skills in market operations. This article will show how Justin Sun went from an ordinary student to the focus of the global cryptocurrency circle through a series of wonderful stories.
Early prominent figures in the cryptocurrency world
Justin Sun's story began in Xining, Qinghai. Born in 1990, this young man holds a history degree from Peking University and a master's degree in law from the University of Pennsylvania. But what really brought him into the public eye was that he joined Ripple in 2014 and quickly became its chief representative in China. At Ripple, Justin Sun was responsible for promoting blockchain technology, and this experience laid the foundation for his later career in the cryptocurrency industry.
The first battle was a success - the birth and rise of TRON
In 2017, Justin Sun founded TRON with the goal of creating a decentralized global entertainment content platform. TRON's technology focuses on building an efficient and transparent content distribution system that enables content creators and consumers to interact directly, eliminating the fees and restrictions of middlemen. The TRON project's ICO (initial coin offering) quickly attracted a lot of investment in 2017, raising up to $70 million, an action that demonstrated Justin Sun's influence in the cryptocurrency community and the project's market appeal.
The art of cutting leeks
Sun Yuchen is good at grasping investors' psychology when the market fluctuates, and frequently posts project progress and future plans on social media to stimulate market enthusiasm. For example, after TRON took over BitTorrent, he stimulated the market's buying boom by announcing that he would launch BTT tokens. In addition, Sun Yuchen also further enhanced the popularity of himself and his projects through high-profile public relations activities, such as lunch with Buffett. Although these strategies have effectively promoted market enthusiasm, they have also attracted doubts about market operations.
Marvin (address 7055), a MEME coin on the Ethereum chain, has received a lot of attention. Marvin is a meme coin related to Musk's pet dog, and November 1st of each year is Musk's dog's birthday. The Marvin community actively promotes it, and although the current market value is only 2 million US dollars, it may achieve a hundredfold growth in the short term.
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