Justin Sun Launches $1B Crypto Relief Plan Amid Market Turmoil

in blockchain •  4 months ago 

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Justin Sun announces a $1 billion relief plan to support the crypto industry amid market turmoil. The crypto markets have seen significant sell-offs and liquidations, particularly in ETH, amidst a global stock market crash. Justin Sun, founder of Tron Network, aims to stabilize the market with his substantial investment. Despite this initiative, the TRX market remains bearish, with continued liquidations and a negative sentiment reflected in market indicators like the Directional Movement Index and funding rates.

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