Justin Sun to Trade Meme Coins: Which Assets are Likely to Make the Cut?
• Justin Sun recently announced that he will begin actively trading meme coins and promising cryptos through his public address.
• Traders are eagerly tracking his wallet address to follow suit as the meme coin market is highly sensitive to endorsements from celebrities like Elon Musk and Mark Cuban.
• Copium – a new meme coin sensation – is likely to make Sun’s list with its unique theme of „coping“ with missed opportunities.
Justin Sun to Actively Begin Meme Coin Trading
Justin Sun, the founder of Tron, recently announced that he will begin actively trading meme coins and other promising cryptos through his public address. Investors have been keeping close tabs on his wallet address in hopes of following suit as the meme coin market is highly sensitive to endorsements from celebrities like Elon Musk and Mark Cuban.
Funding Support Up To $1 Million
Sun had earlier invited developers of meme coins to build on the Tron network in order to benefit from funding support of up to $1 million. His portfolio diversification into emerging meme coins can be seen as part of a wider promotional strategy.
Top Predictions For Assets Likely To Make The List
One asset likely to make Sun’s list is Copium – the latest meme coin sensation that went 500% up the charts within hours of going live on 18 May 2023. The momentum gained strength as more investors flocked Uniswap in anticipation for an upcoming explosion. Copium is built around the theme of “coping” with missed opportunities, using humour, FOMO and camaraderie as its driving forces.
Endorsements Can Trigger Multifold Rallies
Being one of the most revered figures in the crypto market, Sun’s backing can potentially trigger multifold rallies for these assets. As such, traders are eager to follow their leader’s footsteps when it comes to making investments in this volatile sector.
Profits Will Be Donated To Charity
Sun has also stated that any profits made from these trades will be donated entirely to charity, while he will personally bear all potential losses incurred during these trades himself. This act further highlights his commitment towards philanthropic pursuits and promoting responsible investing practices within the crypto community at large.