Justin Sun jumps on the GME train with a purchase of $1 million worth of stocks, becoming a part of the fast-rising trend of the GameStop controversy so let’s find out more in our latest tron news.
“I’ll be buying [USD] 1 Mil of GME tonight from Asia when the market opens. Wallstreetbets community know that over 4 billion Asian community & 20 mil TRX community are behind you! Watch out, Asians are coming!”
As Justin Sun jumps on the GME train, he also included a Reddit post by a member of the subreddit r/wallstreetbets calling for the “European and Asian fellows” to join the war and to help enter another day where the sell buttons are disabled and also finished by saying:
“Let us bask in this glory forever.”
Sun heard the call and saw it as an opportunity to prove his marketing skills again. While his post came with plenty of support, it also turned on the meme-makers. Some seem to hope that this will help the TRON narrative and also help TRX to rise again. TRX is trading at 0.288 while dropping 2.4% in one week. As reported previously, the stocks of fading video game producer GameStop jumped after the subreddit focused the efforts as a collective on buying it and threatened to tank these hedge funds along the way with many claiming that this is a fight against Wall Street.
Also, Dogecoin was pumped by the community especially once the Wallstreet “Chairman” posted on Twitter about it asking if it will hit $1. Speaking of DOGE and TikTok, this was just another train that Justin Sun hoped on as DOGE was pumped in price so now TRON will focus on this content as well, promising viral videos on TikTok which is also a sign that he could be trying to pump the TRX price as well. Sun is often a topic of criticism as he was called out for taking millions from the US Pandemic relief fund as well as the Warren Buffett launch saga. Sun called his own company’s coin a “shitcoin” and entered hot waters again.
As reported earlier, The crypto markets are bouncing back from a week of losses while Wall Street records the worst day since October. BTC and the rest of the market seem to have rebounded from a few days of losses and the defi projects are booming as more sophisticated products are emerging online.
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