The founder and CEO of TRON blockchain, Justin Sun, in an interview with CNN’s Julia Chatterley reinstated his long known faith in cryptocurrencies. He says he remains ultra bullish about Bitcoin and he holds a lot of investments, surprisingly in other digital assets too, namely Ethereum (ETH) and Ripple (XRP).
Justin Sun Doesn’t do Fiat
While many hold the view that Justin Sun’s loyalty doesn’t extend beyond TRX, the native token of TRON, he announced that that is not the case as he has held a diversified portfolio all these years. He also added that only when there’s a need for fiat for his day-to-day expenses he converts his assets, rest all his investments are locked in these assets.
He says the reason for this is the undying faith he has in the crypto industry, and this is why he fancies investing in XRP, ETH too. He further added:
“I’m a long term believer of the crypto, so I want all the crypto assets to succeed. That’s why I own a lot of other different cryptos as well,” he said enthusiastically.
His investment in ETH is startling as Ethereum’s co-founder Vitalik Buterin and he has been often involved in heated debates and ridiculing. Last year, Justin Sun bashed Ethereum when it was underperforming and stated that the crypto-community feels let down.
It was surprising he didn’t reveal whether Binance Coin (BNB) is part of his investment list, as lately, he has been heaping praise on its CEO, Changpeng Zhao. When Chatterley asked Sun to his opinion on what he expects Bitcoin to reach in the next five years, his response was rather bold. Sun revealed that he expects BTC to go beyond the $100,000 mark by 2025, and he is optimistic that it might happen even sooner. Not just Bitcoin, he is anticipating a bright future for XRP, TRON and Ethereum as well, and expect them to enter into a bull run too.