Justin Sun’s ‘stunts’ are a net negative for the industry, claims Whale Panda over Sun’s charity lunch with Buffet

2019-6-5 01:30

The cryptocurrency market saw the world’s largest cryptocurrency, Bitcoin [BTC], fall massively on June 4, causing the coin to be valued just under $8k. Following BTC’s fall, other altcoins too saw a bearish market. However, the report of Tron’s Founder and Chief Executive Officer Justin Sun winning a charity lunch with Warren Buffet, after a bidding $4.56 million, made many forget about the vermillion market.

The crypto-community rejoiced over the possibilities the lunch may offer. However, there were a few who thought of it as a “stunt” pulled off by Sun, one that would have a negative impact on the crypto-industry. Whale Panda, a cryptocurrency proponent, took a jibe at Sun, Binance, and BTT. The proponent tweeted,

“People like Justin Sun pulling stunts like this are a net negative for this industry.
Do a shady ICO for Tron which nets you $58 mil for 40% of the tokens. Pump & Dump with help of Binance. Buy BitTorrent, create another ICO for BTT. Sell 60 billion $BTT on Binance.”

The proponent conceded that Sun had locked down the marketing side for his projects. However, he went on to say that “he’s really not someone you want to associate yourself with”. He went ahead to call Sun a “scammer” in the following tweet,

“I’m sure he’s a nice guy, most scammers are. Scammers are nice, that’s how they convince you to buy their scam.
No surprise here that certain people think it’s a good idea. This will not drive adoption at all. It’s a marketing gimmick, paying $4.5 million for a selfie with Buffet”

Despite the backlash from a few, Sun enjoyed the attention as the news resulted in Tron trending on Twitter, with over 18 thousand tweets over the day. At press time, Tron was valued at $0.0353, with a market cap of $2.35 billion. The 24-hour trading volume of the coin was noted to be $1.56 billion, as it noted a fall of 3.80% over the day. However, TRX managed to hike by 4.07% over the past week and continued to grow by 0.77% within the hour.

The post Justin Sun’s ‘stunts’ are a net negative for the industry, claims Whale Panda over Sun’s charity lunch with Buffet appeared first on AMBCrypto.

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sun charity lunch justin buffet industry saw

Источник: ambcrypto.com

sun charity → Результатов: 22


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Crypto Pioneer Justin Sun Pays $4.5 Million to Have Charity Lunch With Bitcoin Critic Warren Buffett

It promises to be an extraordinary dinner between the new and the old generation of minds in technology, finance, and investing. Justin Sun, the founder of Tron and CEO of BitTorrent announced on June 3 via Twitter that he has won an auction to attend the 20th-anniversary charity lunch hosted by the legendary investor and […] Crypto Pioneer Justin Sun Pays $4.

2019-6-5 11:29


Tron CEO Justin Sun Wins Bid to Have Charity Lunch with Billionaire Investor Warren Buffett

Justin Sun the CEO of Tron has made a big announcement today as he promised earlier. Sun had earlier said he would make a big announcement on June 3, The CEO will be having a charity lunch with billionaire investor Warren Buffett after winning the 20th Anniversary of the Warren Buffet hosted Charity Lunch, an […] The post Tron CEO Justin Sun Wins Bid to Have Charity Lunch with Billionaire Investor Warren Buffett appeared first on ZyCrypto.

2019-6-4 00:32


Tron’s Justin Sun Talks On TRX Surpassing ETH’s Daily Trade Volume, Reveals “Next Goal”

Justin Sun, an ardent supporter of blockchain technology and a fanatical believer in its potential to change the world has demonstrated his convictions in several ways. Apart from his generous donation of $3 million to Binance Charity Foundation, the TRON CEO has also been vocal about blockchain and has always defended the technology from the […] The post Tron’s Justin Sun Talks On TRX Surpassing ETH’s Daily Trade Volume, Reveals “Next Goal” appeared first on ZyCrypto.

2018-10-28 14:44


Binance CEO Appreciates Tron’s Justin Sun for $3 Million Donation to Blockchain Charity Foundation

The recent donation of $3 million dollars made by Tron founder, Justin Sun to support the Blockchain Charity Foundation has attracted a lot of appreciations. Binance CEO Changpeng Zhao,” CZ,” announced this in a tweet to show his appreciation; “Justin proactively approached us and made a very generous donation, $3m USD equivalent.

2018-10-23 13:58


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