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tron crypto justin sun greta thunberg
Nexo Logo

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

Tony Spilotro by Tony Spilotro
3 years ago
in Bitcoin, Cryptocurrency news
Reading Time: 3 mins read
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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.

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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.

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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

— Justin Sun (@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.

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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.

Featured image from Shutterstock
Tags: cryptogreta thunbergJustin SunTRONTRX
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Tony Spilotro

Tony Spilotro

I'm Tony Spilotro. Behind the pseudonym, I'm a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally – to future generations. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say. Please follow me on Twitter at @tonyspilotroBTC and feel free to drop me a line if you would like to work together.

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