Tron founder Justin Sun is taunting bears to market sell their Sun (SUN) memecoins, in a curious echo of previous social media posts made by the now-bankrupt FTX founder, Sam Bankman-Fried. Sun took to X (formerly Twitter) to express his frustration with all the naysayers of his newly launched Sun token, which has seen a 240% rally in August.

The Sun token is the utility token of Sun Pump, the first memecoin launching platform on the Tron network, akin to Solana's memecoin deployer Pump.fun. Sun Pump flipped Pump.fun in daily active users and revenue on Aug. 21, further fueling the rally in the Sun token.

The X post by Justin Sun draws immediate similarities to a previous post of FTX's Sam-Bankman Fried, back when the Solana token was trading at just $3. This raises concerns about the potential déjà vu scenario, as the FTX collapse has significantly impacted the cryptocurrency market.

Source: https://cointelegraph.com/news/justin-sun-taunts-critics-sun-token-surge

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