Crypto Crash Sparks Justin Sun's $1B Anti-FUD Initiative
full version at dailycoin
Crypto markets plunged over the weekend, slashing token prices. Justin Sun shrugged off the crash as FUD, launching a $1 billion anti-FUD fund. Changpeng Zhao introduced a similar initiative after the FTX collapse. Seasoned digital asset investors are no strangers to crypto crashes, but the weekend's drawdown was particularly brutal, with most of the top 100 tokens suffering double-digit percentage losses. Analysts attributed the crash to various factors, including forced selling due to the unwinding of the yen carry trade and heightened uncertainty stemming from Middle East tensions. However, Tron founder Justin Sun has taken a different stance. Downplaying
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