search
Homeweb3.0Warren Buffett's Tron holdings have appreciated by 1000%, according to Justin Sun. The investor's crypto wallet, holding nearly 1.9 million TRX, has become a case study in blockchain growth and profit

Taking advantage of his newfound fame as a prominent Sun Pump advocate, Justin Sun emphasized that crypto holding is "the only way to win."

Warren Buffett's Tron holdings have appreciated by 1000%, according to Justin Sun. The investor's crypto wallet, holding nearly 1.9 million TRX, has become a case study in blockchain growth and profit

Justin Sun has revealed that Warren Buffett's Tron holdings have appreciated by 1000%. The investor's crypto wallet, which holds nearly 1.9 million TRX, has become a case study in blockchain growth and profitability.

Highlighting that crypto holding is "the only way to win," Sun noted that Buffett could have earned 1300% more by staking the TRX coin. According to a Tronscan link attached to Sun's post, Buffett currently owns about 1.9 million TRX, valued at $284,146.72.

A glance at his wallet shows that he holds a diverse range of digital currencies, including USDT, a stablecoin pegged to the US dollar. Warren Buffett is interested in Bitcoin and crypto. But it was in 2020 when he got down to discussing the subject over a dinner meeting with Justin Sun.

The dinner was held at a private country club in Omaha, Nebraska, the home city of Berkshire Hathaway on January 23, 2020. Several other prominent crypto personalities attended the gathering, along with Justin Sun.

Charlie Lee, the creator of Litecoin, Yoni Assia, the CEO of eToro, Chris Lee, the former CFO of Huobi, and Helen Hai, the chairman of the Binance Charity Foundation were among them. While Sun didn't elaborate on the message, he did urge his followers to "follow Mr. Buffett's advice and direction to help TRON's ecosystem, work with all the partners in the blockchain space and beyond."

Though the message was cryptic, the fact that Warren Buffett held on to the Tron that Sun gave him speaks volumes.

For an investor, a price appreciation of 1000% over 1688 days marks a significant profit margin. According to Coingape, holding Tron has paid off handsomely, despite the unconfirmed nature of Warren Buffett's control over the wallet.

TRX has been enduring a steep decline this month, as per a recent Tron price analysis. It was trading at $0.1476, up 1.46% at the time of writing.

This bearish momentum, which has persisted for over a week now, could present a clear window of opportunity for traders to cash in on the downturn.

The above is the detailed content of Warren Buffett's Tron holdings have appreciated by 1000%, according to Justin Sun. The investor's crypto wallet, holding nearly 1.9 million TRX, has become a case study in blockchain growth and profit. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Donald Trump Unveils Plan to Make the US a Crypto Mining PowerhouseDonald Trump Unveils Plan to Make the US a Crypto Mining PowerhouseJul 28, 2024 am 09:21 AM

Former president Donald Trump outlined a plan to turbocharge crypto growth and make the US a crypto mining powerhouse in his keynote address to the 2024 Nashville Bitcoin

XRP vs XLM: Which Crypto Is the Better Investment in 2024?XRP vs XLM: Which Crypto Is the Better Investment in 2024?Jul 28, 2024 pm 09:12 PM

XRP and Stellar (XLM) are often considered competitors in the cryptocurrency market due to their shared focus on revolutionizing the financial industry.

Senator Bill Hagerty Welcomes Former US President Donald Trump to Nashville for Bitcoin 2024 ConferenceSenator Bill Hagerty Welcomes Former US President Donald Trump to Nashville for Bitcoin 2024 ConferenceJul 27, 2024 am 07:22 AM

One of the most important points of focus in the US Presidential race has been the policy of both parties regarding Bitcoin and cryptocurrencies.

Ferrari Embraces Crypto for Car Purchases in EuropeFerrari Embraces Crypto for Car Purchases in EuropeJul 28, 2024 pm 09:13 PM

Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology and the stock market.

Neiro Crypto, a New Memecoin Developed on the Solana [SOL] Blockchain, Quickly Comes Under ScrutinyNeiro Crypto, a New Memecoin Developed on the Solana [SOL] Blockchain, Quickly Comes Under ScrutinyJul 31, 2024 pm 03:42 PM

Neiro crypto developer moves funny According to data from Lookonchain, there are growing concerns regarding the actions of the developer behind Neiro

Ferrari Expands Cryptocurrency Payment Option to European Merchants by End of July 2024Ferrari Expands Cryptocurrency Payment Option to European Merchants by End of July 2024Jul 25, 2024 pm 02:28 PM

Following CNF's earlier update that Ferrari is accepting Bitcoin, Ripple (XRP), and other cryptocurrencies as payment for its cars, it is now reported that Ferrari will expand its cryptocurrency payment option to European dealers by the end o

Amidst Market Swings, BlockDAG (BDAG) Emerges as a Rising Star, Captivating Investors with a $60.9 Million Presale Bolstered by UFC Star Alex Pereira's AllianceAmidst Market Swings, BlockDAG (BDAG) Emerges as a Rising Star, Captivating Investors with a $60.9 Million Presale Bolstered by UFC Star Alex Pereira's AllianceJul 26, 2024 am 11:23 AM

In a market punctuated by ups and downs, Kaspa and The Graph show positive momentum, although PEPE and INJ, grapple with unpredictability.

Justin Sun Reveals Warren Buffett Has Been HODLing Tron (TRX) for Over 4 Years, Making Him 10x RicherJustin Sun Reveals Warren Buffett Has Been HODLing Tron (TRX) for Over 4 Years, Making Him 10x RicherSep 07, 2024 am 09:46 AM

Tron founder Justin Sun took to Twitter to reveal the latest crypto win recorded by American entrepreneur Warren Buffet.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
2 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Repo: How To Revive Teammates
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Hello Kitty Island Adventure: How To Get Giant Seeds
1 months agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment