The crypto world is full of prophets of the price of Bitcoin. Some of them predicting large increases in their price, while others warn us against colossal landslides in their price. However, someone whose opinion is worth following is, without a doubt, Justin Sun, the famous founder of Tron, who gave his opinion on the market situation.
Sun: entrepreneur and influencer
There are certain figures of the crypto world that, due to their importance, end up greatly influencing all the events of the crypto market. This is the case of Justin Sun, the founder of Tron and one of the most important crypto influencers in the world.
And, Sun has risen to fame worldwide due to being the mind behind the Tron cryptocurrency. One of Ethereum’s main rivals in the smart contract creation sector. Where Justin aims to create a Blockchain that is capable of offering support for decentralized applications and smart contracts, completely free of charge. Something they have not achieved so far, not even large platforms such as Ethereum or Bitcoin Cash.
However, what makes Sun a particularly important character for the crypto community is its own personality. Well, Jack Ma’s pupil has made headlines with shares such as his victory at auction for a dinner with Warren Buffett, for $ 4.6 million.
Or the acquisition of BitTorrent with the aim of improving the capabilities of the Tron Blockchain. And for which he would be facing accusations of not having fully complied with his commitments. Not having canceled the entire cost of buying BitTorrent.
Now, Sun would be generating even more controversy within the crypto world. After he gave his own prediction about where the Bitcoin price is heading. In the midst of the uncertainty generated by the stoppage of the bullish rally that the cryptocurrency had been experiencing during the first weeks of the year.
However, Sun would not be worried, because in an interview with CNN, the founder of Tron would have said he is confident in the long term of cryptocurrencies. Waiting for Bitcoin to exceed $ 100,000 per BTC by 2025. Well, as Sun put it:
«I definitely believe that Bitcoin will spend $ 100,000 in 2025. I think we can reach this price before 2025. At the same time, I believe that many other crypto projects such as Tron, Ethereum and XRP will also live the bull market«.
This opinion of Justin Sun, would coincide with that of several market analysts. Which are even more optimistic regarding the price of Bitcoin. Expecting that it could even reach $ 250,000 per BTC in the coming years.
International Studies student, interested in economics and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and cryptocurrencies in particular.