On September 4, Justin Sun, the founder of Tron, announced on X that SunPump has burned over $8 million worth of SUN tokens from its supply, with an additional $4 million set to be burned soon. In the last 24 hours, over 28,999,138.3071 SUN tokens valued at $819K have been
Tron [TRX] founder Justin Sun is once again in the spotlight, this time for his involvement with Wrapped Bitcoin (WBTC). Recently, Sun’s wallet, identified as “0xbe6,” withdrew 637 WBTC (valued at $40.8 million) from Binance on the Ethereum blockchain, just eight hours prior. This activity follows a custody deal with
In the volatile nature of the cryptocurrency market, an anonymous trader has turned a modest $1,000 investment into a jaw-dropping $750,000 by trading the SunWukong memecoin. The trader’s holdings in SunWukong surged to this impressive peak, yet he has not sold a single token, leaving the crypto community speculating about
Justin Sun, the founder of Tron, launched SunPump on August 13, positioning it as a competitor to Solana’s Pump.fun token generator. In just eight days since its debut, SunPump has generated over $1 million in revenue. As a memecoin deployer on the Tron network, SunPump has quickly gained traction, earning
Recent significant Bitcoin (BTC) and Wrapped Bitcoin (WBTC) transactions have drawn attention to an address suspected to be connected to Justin Sun’s team. The activity has sparked widespread speculation within the cryptocurrency community, especially following BitGo’s recent decision to transition WBTC custody to a joint venture involving Sun’s TRON ecosystem.
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
Coinbase, one of the leading cryptocurrency exchanges, has recently launched its own wrapped Bitcoin token, cbBTC, on the Base blockchain. This move comes amid growing speculation and significant announcements surrounding wrapped Bitcoin (WBTC), which remains a major topic of discussion within the crypto community. Just hours ago, Coinbase tweeted about
Following a sharp dip to the $2,100 zone on Monday, Ethereum (ETH) has climbed back to test the $2,500 barrier. This recovery raises questions about the Ethereum market trend, with a target at the $2,750 level before possibly resuming a bearish trend. On Monday, ETH’s price plummeted more than 23%
In recent market activity, suspicions have arisen surrounding prominent figure Justin Sun, the founder of TRON, following a series of significant transactions involving sizable sums of various cryptocurrencies according to data from the prominent data aggregator, LookonChain. The suspicions were initially sparked when a wallet believed to be associated with
Tron Network, founder Justin Sun has unveiled plans for a grand airdrop celebration, commemorating the platform’s achievement of reaching 200 million users. The airdrop, set to be executed through Binance Square’s Red Packet feature, serves as a token of gratitude to the vibrant user community that has consistently supported Tron,
