Justin Sun Reveals Warren Buffett’s Impressive Tron Gains
Tron founder Justin Sun recently shared on X that Warren Buffett, CEO of Berkshire Hathaway, has held Tron (TRX) for over four years, resulting in a remarkable 1000% increase.
Sun noted that Buffett’s investment, which grew daily at a rate of 0.6%, has made him more than ten times wealthier.
Sun, known for his promotion of TRX, emphasized that cryptocurrency investment, particularly through staking, could have offered even higher returns, potentially up to 1300%.
According to a Tronscan link shared by Sun, Buffett’s wallet currently holds around 1.9 million TRX, worth approximately $284,146.72.
READ MORE: Cardano Founder Rejects Proposal for Treasury Token Burn
Sun also highlighted that Buffett’s crypto holdings include Tether (USDT), though Buffett’s views on Bitcoin and crypto remain cautious. Sun reminisced about a 2020 dinner with Buffett and other crypto leaders, where they discussed blockchain technology.
While it’s not definitively confirmed that Buffett controls the wallet, the significant growth in TRX’s value reflects its potential. Despite recent market drawdowns, which have lasted over a week, Tron remains an attractive option for traders. Sun’s promotion of Tron and related memecoins, like Sun Dog, underscores its evolving appeal, especially with plans to use 100% of SUN revenue for token burns.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
