• Justin Sun recently announced that he will actively trade meme coins and promising cryptos through his public address.
• Traders are eagerly tracking his wallet address to follow suit as the meme coin market is highly sensitive to endorsements from celebrities.
• Copium is the latest meme coin sensation that went 500% up the charts within hours of going live on 18 May 2023.
Justin Sun to Actively Trade Meme Coins
Justin Sun, founder of Tron network, recently announced that he will begin actively trading meme coins and promising cryptos through his public address. He also invited meme coin developers to build on the Tron network and benefit from funding support of up to $1 million. This move can be seen as part of a wider promotional strategy as traders are eagerly tracking his wallet address to follow suit due to its potential influence in the market.
Latest Meme Coin Sensation: Copium
The latest meme coin sensation is Copium – a cryptocurrency built around the theme of “coping” with missed opportunities. It has gone 500% up the charts within hours of going live on 18 May 2023 due to its humorous, FOMO-driven, and camaraderie-based approach towards crypto investment. The website states that “Bought the top, anon? Did your favourite influencer use you as exit liquidity? Were you part of a Ponzi scheme that left your bags worthless while others walked away with generational wealth? We feel your pain, and we’re here to help you cope”.
Potential Impact Of Justin Sun’s Endorsement
Justin Sun’s endorsement could trigger multifold rallies for any asset in the crypto market due to him being one of its most revered figures. His backing can potentially make or break any emerging asset, making it important for traders who want success in this volatile market.
Other Assets To Make The List
Other assets likely to make it into Justin Sun’s portfolio include Dogecoin (DOGE), Shiba Inu (SHIB), SafeMoon (SAFEMOON), Elon Token (ELON), WallStreetBets (WSB), Rari Capital (RARI) , amongst others . These projects have been gaining traction lately due their unique selling points such as community-building initiatives or charitable purposes which makes them stand out from other assets in the market today.
Conclusion
Justin Sun’s announcement about beginning active trading in meme coins has caused much excitement among traders who are eager to capitalize on upcoming rallies triggered by celebrity endorsements like his own. With Copium already making waves after its launch and many other promising projects like Dogecoin and Shiba Inu gaining traction too – it will be interesting to see which ones make it onto Justin Sun’s list!