TRON Founder Justin Sun Makes Waves with Meme Coin Trading Venture – Investor Bites

SNEAK PEEK

• Justin Sun has announced his venture into meme coin trading.
• Sun has pledged to take responsibility for any potential losses from his meme coin trading.
• Sun clarified that his trades should not be considered endorsements.

Justin Sun, the visionary founder behind the TRON blockchain network, has set sights on a captivating new frontier in digital currencies. In a surprising turn of events, he recently took to Twitter to address his grand venture into the realm of meme coin trading, capturing the attention of enthusiasts worldwide.

I’ve decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023

In a Twitter announcement, Justin Sun made a bold declaration. He pledged to take personal responsibility for any potential losses from his meme coin trading escapades, displaying his confidence and willingness to take calculated risks. It is an extraordinary commitment that reflects his unwavering determination to push boundaries and embrace new horizons.

In a subsequent tweet, Sun cautioned users by emphasizing that his trades should not be interpreted as endorsements. He clarified that listing on Huobi and Poloniex crypto exchanges was not guaranteed. It’s important to note that Sun is an investor in these prominent crypto exchanges.

However, it’s crucial to remember that my investments do not constitute financial advice, and there is no guarantee of listing these projects on any exchange, including @HuobiGlobal and @Poloniex. I am simply trading coins for fun. Always do your own research before investing!

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023

Sun’s idea of venturing into the world of meme coins has generated a lot of positive buzz in the market. Accounting, Glassnode’s tax compliance service, responded to Sun’s tweet, expressing admiration for his efforts to reduce taxes and contribute positively to the world through meme coins. It’s great to witness such initiatives.

His exelency reducing taxes and doing good for the world with meme coins, you love to see it. pic.twitter.com/i6TPa1UIPR

— Accointing by Glassnode (@accointing) May 11, 2023

While this good news brings positivity, investors in the meme coin market should exercise caution to avoid falling victim to scams. A Twitter user named Cygaar recently warned users about the importance of being careful when using a block explorer, such as Etherscan, to track shitcoin trading in prominent wallets like Justin Sun’s.

If you’re using a block explorer (like Etherscan) to track shitcoin trading on prominent wallets (like Justin Sun’s), make sure you know what you’re doing.

There’s a trick that scammers will use to spoof token trading – here’s how it works and how to validate transactions 🧵: pic.twitter.com/xUm82znJbi

— cygaar (@0xCygaar) May 11, 2023

It is crucial to understand what you’re doing thoroughly, as scammers often employ tricks to deceive token trading.

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• Source: https://investorbites.com/tron-founder-justin-sun-makes-waves-with-meme-coin-trading-venture/