According to some, even a crook according to others. Justin Sun, founder of the TRON foundation, dominates a cryptocurrency of $ 16 billion today. It all started with TRX.
Justin Sun, one of the indispensable ones of the crypto money market with the Tron blockchain; In recent weeks, it has climbed to the top with its own crypto coins reaching an all-time high in succession.
Who is Justin Sun?
Born in 1990, Justin Sun improved himself on the stock market and was the cover of China’s Yazhou Zhoukan magazine at the age of 21 with his initiatives. At the age of 24, he was elected Global Youth Leader at the Davos Summit.
Justin Sun, who has a high entrepreneurial intelligence, met the crypto world with Ripple representing the Chinese office. In 2017, he started a new project called TRON on the Ethereum network. Targeting the entertainment world, TRX attracted great attention and Justin Sun earned approximately 63 million Euros.
Bitcoin mining trial with Avatar Game Boy
Later, when Sun smart contracts, which started the TRON network, were also commissioned, TRX spread to a wide audience. Numerous projects have been developed on the network and it has become one of the most important blockchains. It was a great advantage that the transfer fee was 1 TRX.
Of course, Sun was not satisfied with that. Having purchased the BitTorrent platform, Sun developed the special BTT token and distributed it to TRX holders for free. Sun, which also added Steemit, a large crypto currency forum, to its staff, then distributed the Hive token to Steem holders.
Meanwhile, the famous entrepreneur who developed the Wink token also released JUST and SUN coins bearing his name. It created the USDT money on the network and made it available under the name TRON USDT. So he built a huge ecosystem.
Jack Ma offered the greatest support in his disputes with the Chinese government, while Binance founder Chenpeng Zhao played a major role in the adoption of the new tokens. Thus, all the doors in front of Sun were opened.
Since mid-March, cryptocurrencies specific to Justin Sun have been in a big boom. TRX pushed 11 cents today and its market value has risen to $ 7.3 billion. BTT reached its highest value, reaching 0.78 cents and reaching a market value of 7.3 billion dollars. The WINK unit is 0.14 cents and the JUST unit is at their highest value with 15 cents. The HIVE unit again peaked with 90 cents and the SUN unit with $ 42. Only the STEEM unit is still lagging behind its previous peak.
With the ups and downs, the market value of the Justin Sun ecosystem reached $ 16 billion. In addition to these, it is stated that the TRON USDT unit has a volume of around $ 1 billion. Also, one of the important stock exchanges, Poloniex belongs to Sun.