Justin Sun made $2.71B profit this year, Forbes named his company #2 in Crypto profits

Here’s his secrets, TRON success, jail and SunPump crimes 🧵👇

✜ One of the most controversial and at the same time popular figure in the industry – this is how Justin Sun can be described. ✜ #TRON blockchain he built will soon become the second most profitable in crypto, reaching $4B yearly revenue ✜ His success story, which led him to

✜ Justin Sun was born on July 30, 1990, in the Chinese city of Xining. ✜ In 2011, he earned a Bachelor’s degree in History from Peking University, and in 2013, a Master’s degree from the University of Pennsylvania. ✜ He then enrolled at Hupan University, a business school

✜ Justin Sun started his journey working at Ripple. ✜ He worked there as a representative of the company in the Asian region from 2013 to 2016. ✜ Considering the hype around Ripple at the time, it was a great start for the young Justin.

✜ While working at Ripple, Justin Sun was also developing his own startup. ✜ After leaving Ripple in 2017, he introduced Piewo – an app for voice message exchanges. ✜ The project quickly gained millions of users, changing Justin’s life.

✜ #TRON became Justin Sun’s most successful project, launching in 2017 and holding an ICO for $70M by 2018. ✜ At that time, the project was innovative, using DPoS and boasting a throughput of 2000 TPS. ✜ Additionally, USDT chose Tron as one of the first blockchains to launch

✜ Currently, Justin Sun is once again heavily focused on developing the project and actively promoting it. ✜ The launch of the @sunpumpmeme platform attracted HUGE liquidity to the market. ✜ This allowed the company to become the second-highest earning crypto firm, with

✜ With the meme coin hype and the launch of @sunpumpmeme, the #TRON project achieved new revenue records. ✜ Due to the high number of transactions, their earnings from fees increased significantly. ✜ If this development trend continues, Tron will become the number one

✜ With the current media hype around #TRON, more and more opinions are surfacing about Tron. ✜ It is being positioned as the biggest winner of the current cycle. ✜ The blockchain dominates stablecoin payments across most continents. https://t.co/R9IqD4Wikn

✜ Apart from Tron, Justin Sun is also associated with several other major projects: – BitTorrent – Poloniex – Huobi ✜ In 2018, he bought the BitTorrent P2P protocol with plans to tokenize and improve it. ✜ However, things didn’t go as planned, and people still use

✜ Justin Sun also “invested” in one of the oldest exchanges, Poloniex. ✜ After the “investment,” many TRC-20 tokens began appearing on the platform, along with favorable “price lags” for Tron. ✜ It is likely that Justin Sun actually bought the platform, but there has been no

✜ A similar situation occurred with Huobi, after news of Leon Li selling his shares. ✜ Justin Sun added the title Huobi Global Advisor to his Twitter, but clarified that he is only an advisor. ✜ In one interview, however, he said he is probably the biggest holder of $HT

✜ Due to the controversies surrounding Justin Sun, he and his companies faced accusations from the SEC. ✜ The reason for the accusations was the unregistered offering and sale of crypto assets. ✜ Despite multiple accusations, Justin managed to come out unscathed.

✜ While he failed to convince Warren Buffett to invest in crypto during a meeting, Justin Sun is still worthy of attention. ✜ His personality has been linked to many major projects in the industry. ✜ He paved his way to great success, and his opinions and advice are worth

✜ HOW WILL THIS CYCLE PLAY OUT? ✜ According to Justin Sun, this cycle will clearly not follow the same pattern as previous ones. ✜ There’s a clear reason for this – mass adoption and the influx of new participants. ✜ A technology is needed that can explode the market and

✜ CRYPTO SECTORS WITH BIG POTENTIAL ✜ While Justin Sun is currently focusing on his stablecoin, he would happily engage in other narratives in the future. ✜ He highlighted several interesting narratives: – RWA – P2P loans – Various forms of credit

✜ WHAT WILL HAPPEN TO CRYPTO IN 5 YEARS? ✜ According to Justin Sun, the next five years will be very promising for crypto. ✜ Right now, infrastructure is actively being built for the further development of the industry. ✜ Billions of people will become closely connected