Will the SOL token's history with SUN repeat itself?

Will the SOL token’s history with SUN repeat itself?

August 30, 2024

Justin Sun, the founder of TRX, announced on the social network X his intention to buy back the $SUN meme token at $0.03. Considering that a price drop below this level could undermine the credibility of the SunPump meme launch platform and the TRX network in general.

Interestingly, this message is reminiscent of a three-year-old tweet from Sam Bankman-Fried, the founder of the FTX exchange. Then Bankman-Fried announced his readiness to buy any number of $SOL tokens at a price of $3. After this announcement, $SOL experienced a “revival” and demonstrated an impressive price increase.

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Massive protests have broken out in Cairo – people are protesting against President Abdel Fattah al-Sisi. It’s all about the deteriorating economic situation, corruption, and the suppression of civil liberties.

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Jerome Powell and the 🇺🇸 Fed just said it will soon “seek public comment on significant changes to improve transparency of bank stress tests & reduce volatility of resulting capital requirements”

submitted by /u/XGramatik [link] [comments]

Will the SOL token’s history with SUN repeat itself?

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Massive protests have broken out in Cairo – people are protesting against President Abdel Fattah al-Sisi. It’s all about the deteriorating economic situation, corruption, and the suppression of civil liberties.

Jerome Powell and the 🇺🇸 Fed just said it will soon “seek public comment on significant changes to improve transparency of bank stress tests & reduce volatility of resulting capital requirements”