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Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Tron Crypto Founder Justin Sun Contributes $1 Mil to Environmentalist Greta Thunberg

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
3 mins read
tron crypto justin sun greta thunberg

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The founder of the crypto altcoin known as Tron or TRX, has pledged a staggering one million dollar donation to 16-year-old world-renowned activist and environmentalist, Greta Thunberg.

The money will go toward one of the many initiatives that Thunberg supports related to climate change and global warming.

Justin Sun Pledges $1 Million Contribution To Greta Thunberg

The crypto industry is an unusual place, filled with eccentric characters, outspoken project founders, and dozens of influencers sharing analysis behind the guise of a cartoon character or dog.

Related Reading | Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count 

One particular controversial project founder, Justin Sun, is once again vying for the public spotlight, trying to bring additional attention to his cryptocurrency project known as Tron.

Sun has made headlines in the past for winning a since-canceled lunch meeting with the Oracle of Omaha himself, Warren Buffett, and for purchasing popular file-sharing service BitTorrent. However, not all of the news related to Sun is always positive, such as his recent Twitter tirade against Ethereum founder Vitalik Buterin over follower count.

In his latest move, the outspoken student of Alibaba founder Jack Ma has offered to contribute as much as one million dollars to support one of the many initiatives backed by recent internet sensation, Greta Thunberg, whose compelling and emotional speech at a United Nations climate change conference took social media by storm.

As a young entrepreneur, I share @GretaThunberg’s passion to change the world. Crypto will contribute immensely on reducing carbon footprint by implementing decentralized settlement. I would like to personally commit USD$1 Mil to @GretaThunberg ’s initiative. #cop25

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 18, 2019

Thunberg became an overnight superstar, the subject of memes, and a guest on a number of talk shows following her addressing the UN body with such passion.

Given her sudden fame, Sun may be attempting to piggyback onto her success and bring additional awareness to his Tron cryptocurrency, or he may simply be an advocate of the environment himself. Regardless of Sun’s possible ulterior motives, there’s no denying that the contribution will go towards something positive.

Sun says that cryptocurrencies like his Tron altcoin and Bitcoin, will reduce the overall carbon footprint left by today’s traditional technologies.

Remembering Tron’s Fall After The Crypto Bubble Burst

Sun’s cryptocurrency, Tron, is currently trading at $0.012 per TRX token, down over 94% from the altcoin’s all-time high it set at the peak of the crypto hype bubble, when Tron reached over 22 cents per TRX.

Tron is also currently down year-to-date, kicking off 2019 at $0.018, joining Ethereum and Ripple in setting fresh 2019 lows in response to Bitcoin’s most recent drop.

Related Reading | Tron Weibo Account Gets Banned, Is China Cracking Down on Crypto?

To revisit former all-time high prices, Tron would require a gain of over 1700% from current levels. The altcoin was also once part of the top ten cryptocurrencies by market cap, but is now resting firmly at 13th place overall, ahead of Cardano, and trailing cryptocurrency exchange Bitfinex’s Unus Sed Leo token.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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