- Justin Sun is officially part of the WallStreetBets community
- He has pledged $ 10 million to buy Gamestop (GME).
- Mr. Sun originally committed to Gamestop (GME) worth $ 1 million.
- The WallStreetBets community is now very interested in Tron (TRX).
Tron (TRX) founder Justin Sun has just pledged to buy $ 10 million worth of Gamestop (GME) shares tonight to help the WallStreetBets community eradicate these greedy hedge funds. Mr. Sun made the announcement on Twitter, calling on the 4 billion+ Asian community and 20+ million Tron community members to support r / WallsStreetBets and their cause.
Only Sun’s tweet promising to buy $ 10 million worth of Gamestop (GME) shares can be found below.
$ 1 Mil doesn’t seem enough, I’ll buy $ 10 Mil $ GME from Asia tonight when the market opens! It’s time to unite and squeeze those greedy hedge funds! Wallstreetbets, 4 billion Asian community and 20 million US dollar TRX community support you! Let us do this! 💪🏻 @ WSBChairman @wsbmod pic.twitter.com/d494a77RNq
– Justin Sun🌞 (@justinsuntron) January 29, 2021
$ 1 million isn’t enough for Justin Sun.
As noted above, Just Sun had originally promised to purchase $ 1 million worth of Gamestop (GME) through an earlier statement listed below.
I will buy a million dollars $ GME tonight from Asia when the market opens! Wallstreetbets Community know that over 4 billion Asian community & 20 million $ TRX Fellowship are behind you! Watch out, Asians are coming!
The value of Tron (TRX) rises to $ 0.04437
Since Justin Sun announced his intention to join the r / WallStreetBets community, the value of Tron (TRX) has taken a Dogecoin-like pump from $ 0.0288 to a local high of $ 0.04437. That’s a massive 54% increase in less than 24 hours. The value of Tron (TRX) has since corrected to its current level of $ 0.034, as can be seen in the table below.
Gamestop (GME) bounces back over $ 300
In terms of Gamestop (GME), the stock saw an impressive rebound to $ 415 from yesterday’s low of $ 107. At the time of writing, Gamestop is trading $ 337, which looks like a sign of defiance as several Wall Street brokerage firms stop trading GME stock.
In addition, the r / WallStreetBets community has branched out to other social media platforms such as Telegram and Twitter, thereby expanding the reach of its mission to liquidate hedge funds. Hence, the current price movement on Gamestop (GME) could turn into a “financial battleground” between retailers and hedge funds.