Justin Sun, the founder of Tron and a prominent figure in the cryptocurrency realm, is once again capturing attention.
He is driving a new memecoin initiative on the Tron network, aiming to replicate the previous success seen with Solana. While several of these memecoins have surpassed $1 million in market value, some fraudulent tokens have also surfaced.
Sun’s latest cryptocurrency holdings are attracting significant interest. His portfolio includes 1.938 billion TRX, worth approximately $300.84 million. He also holds 276.536 million USDD, valued at around $276.54 million, and USDJ worth $84.41 million. Regarding Bitcoin, Sun has 1,450 BTC, amounting to over $86.5 million based on the current price of around $60,000 per BTC.
Additionally, Sun’s portfolio features 100.976 trillion BTT, valued at about $86.47 million, and 367.24 million Wrapped Tron (TRX), worth $53.88 million. His Aave v3 holdings include 40.20 million AETHUSDT valued at $40.20 million, 13,006 AETHWETH worth $33.74 million, and 12.75 million AETHUSDC at $12.75 million.
Sun also owns 8.74 trillion NFT tokens, worth $18.92 million, and 2,451 Wrapped Ethereum (WETH), valued at $6.36 million. His Shiba Inu (SHIB) holdings total 455.59 billion tokens, worth $6.25 million. Furthermore, he has 35.31 billion Wink (WIN) valued at $3.20 million and 21.46 billion Floki (FLOKI), worth $2.71 million.
In Ethereum, Sun has 869.13 ETH, valued at $2.26 million. Other notable assets in his portfolio include 1.605 trillion HTX worth $2.22 million, 2.1 million LSK valued at $1.76 million, 1.50 million USDT worth $1.51 million, 3.02 million MATIC at $1.37 million, 110,511 LINK valued at $1.13 million, and 3.42 million ZRX, worth $1.07 million.
In a bold move to reshape the future of ApeCoin, Yuga Labs has introduced a proposal that would dissolve the existing ApeCoin DAO and replace it with a streamlined management body called ApeCo.
Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.
WazirX’s bid to restructure and compensate victims of a $230 million hack has been rejected by the Singapore High Court, putting the exchange’s recovery roadmap in limbo.
Fundstrat’s Tom Lee believes that lingering caution in the stock market could actually be setting the stage for another bullish breakout.