- But this is not a guarantee of the listing of assets on exchanges controlled by him.
- Trading will take place from a personal address, and Sun will donate all profits to charitable foundations
Yesterday, May 11, Huobi CEO and Tron founder Justin Sun announced that he intends to diversify his portfolio with memecoins. His message should not be taken as investment advice, and he will donate any possible profit to charity.
In addition, San emphasizedthat his message does not mean confirmation of the listing of this or that meme-coin on the Poloniex and Huobi platforms:
“I trade “coins” for my own pleasure. Remember, before you invest in anything, always do some research.”
“Tweet” San commented in Arkham:
“We are not sure how this message should be regarded. But you can track Justin Sun’s equity through the Arkham platform. Most of his portfolio is still represented by stETH and USDD tokens. But he also invests in smaller capitalization projects.”
San’s fortune is estimated at $3 billion. So far, his message has not affected the course of the main pool of mem-coins. Note that over the past 24 hours, this sector has not left the “red” zone (according to CoinGecko):

But the very fact of Sun’s interest in the memcoin market is more than explainable. This is a highly speculative segment in which a trader can equally lose everything and become a millionaire.