
Justin Sun, the founder of TRON and CEO of BitTorrent, has announced that he will start trading meme coins. Sun made the announcement on Twitter, stating “I’ve decided to begin actively trading meme coins and promising projects through my public address.”
Meme coins are a type of cryptocurrency that often use internet memes as their branding or marketing strategy. They typically have no underlying value and are not backed by any assets. Despite this, they have gained significant popularity in recent months, with coins like Dogecoin and Shiba Inu seeing massive gains.
Sun is no stranger to meme coins, having previously tweeted about Dogecoin and Shiba Inu. He has also been vocal about the importance of social media marketing in the cryptocurrency industry, which is often used to promote meme coins.
In his tweet, Sun stated that he believes meme coins are “here to stay,” and that he will be trading them on BitTorrent’s upcoming decentralized exchange. He also encouraged his followers to share their favorite meme coins with him, stating that he is always looking for new opportunities in the industry.