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Tron CEO Justin Sun Says He Holds Large Stacks of Ethereum and XRP, Reveals Bullish Bitcoin Price Prediction
Justin Sun is bullish on Bitcoin, XRP and Ethereum.
In a new interview on CNN, the founder of Tron, a billion-dollar decentralized blockchain platform, says he owns a diversified crypto portfolio.
“Basically, I’m a crypto believer, so I converted like all my assets in 2013. These days I only exchange the crypto to fiat if I need to spend money in my daily life… I own lots of the XRP and the Ethereum too. I’m a long-term believer [in] crypto, so I want all the crypto assets to succeed. That’s why I own lots of the other different cryptos as well.”
Sun is also offering his views on the price of BTC in the long run.
“I definitely believe Bitcoin will pass $100k in 2025. I believe maybe we can even achieve this price before 2025. At the same I time, I believe lots of the other cryptocurrency projects, like Tron, like Ethereum, like XRP – I believe all [these] projects will also get into a bull market as well.”
Sun says the Tron blockchain is an alternative to iOS and Android operating systems and offers users privacy advantages.
“In the decentralized ecosystem, we are just the system builders. We don’t control any user data. Privacy is all preserved by users themselves.”
The Tron founder finally sat down with legendary investor Warren Buffet in early February. Sun won a lunch date with Buffett last year after placing the winning bid for Buffett’s annual charity auction. Sun says Buffett accepted his crypto gift of BTC and TRX, although he did not give him ETH.
“Basically, Warren Buffett is a Bitcoin holder now.”
An introduction to @Tronfoundation network founder CEO @justinsuntron – we talk disrupting digital content sharing, buying @BitTorrent, crypto investing and his $4.5M lunch with Warren Buffett! #XRP #TRX #BTC on @firstmove/@cnni this week. pic.twitter.com/WW3Pnd9QcZ
— Julia Chatterley (@jchatterleyCNN) February 23, 2020
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