Tron founder Justin Sun decided to “actively trade” meme-cryptocurrencies through his public wallet.
“Please note, I will personally absorb any losses from these transactions, and any profits generated will be donated to charity,” Sun wrote on Twitter.
He noted that his “investment” is not a financial recommendation. There is also no guarantee that the respective tokens will appear in the listings of the exchanges under his management – Huobi and Poloniex.
“I just trade coins for fun. Always do your own research before you invest,” the Tron founder concluded.
Changpeng Zhao, head of the Binance exchange, said earlier that he has “never understood meme tokens“. According to him, if a coin has a lot of holders and arouses interest, his platform is more likely to flood it.