• Justin Sun recently announced that he will begin actively trading 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 like Elon Musk and Mark Cuban.
• 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 Begin Meme Coin Trading
Justin Sun, the Tron founder, recently announced that he would start actively trading meme coins and promising cryptos via his public address. His portfolio diversification into emerging meme coins can be seen as part of a wider promotional strategy. As one of the most revered figures in the crypto market, traders are following his wallet address closely since celebrity endorsements from people like Elon Musk and Mark Cuban can potentially trigger rallies for these assets.
Meme Coins Likely to Make Justin Sun’s List
The newest addition to this list is Copium, a meme cryptocurrency built around the theme of “coping” with missed opportunities. It has gained popularity quickly due its unique delivery and humour-driven movement, fuelling an overnight 500% increase in its price when it was listed on Uniswap on 18th May 2023.
Copium – Can Humour, FOMO, and Camaraderie Pump The Next Meme Coin Explosion?
The website for Copium describes it as “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” which resonates with many investors who have experienced losses due to crypto trades gone wrong or scams they fell victim too. This message combined with humour has created an environment where investors can bond together over shared experiences while still participating in potential gains associated with investing in cryptocurrencies without being cautious about risks involved..
Will Justin Sun Invest In Copium?
Since Justin Sun has invited all developers of meme coins to build on Tron network and benefit from funding support worth up to $1 million, there are chances that he will invest in Copium as well if it fits his investment criteria. However only time will tell if Copium will make it into Justin Sun’s portfolio as investors wait for his decision anxiously hoping for more gains from this promising asset.
Conclusion
It remains unclear whether Justin Sun will invest in Copium or not but either way it has made quite an impression on investors due to its unique theme and delivery which allows them to bond over shared experiences while taking calculated risks towards potential profits associated with investing in cryptocurrencies like any other asset class out there