• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Justin Sun Revealed Reason For “Retreat” When Spending Up To Half A Million Dollars On A Rock NFT

191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

After investing half a million bucks to very own “expensive” rock EtherRock, Tron founder Justin Sun has just uncovered the surprising remarks behind why he determined to “strive” for this NFT work. .

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
Binance Labs invests $3.15 million in Open Campus, EDU builds columns

Binance Labs invests $three.15 million in Open Campus, EDU builds columns

November 27, 2023

Ether Rocks is one particular of the oldest NFT collectibles that started off gaining ground earlier this yr. The NFT Collection was launched in December 2017 and is produced up of a hundred stones that have been tokenized on the Ethereum blockchain.

Shortly soon after its creation, Ether Rocks offered for .0999 ETH, really worth close to $ 300 at the time. However, 4 many years later on, NFT functions from a really basic notion have been valued at US $ 134,240 to US $ three million.

– See much more: Ethereum’s JPEG “stone” sells for $ 600,000

Last month, Justin Sun, the founder of the TRON blockchain, identified as a millionaire who spends a great deal of cash on luxury NFT functions, purchased an Ether Rock for up to $ 500,000.

Speaking in a September five interview, Sun explained why he comfortably invested half a million bucks to invest in “a photo of a rock.” He stated the quantity of cash “doesn’t matter” for the reason that cryptographic artwork will turn into as important more than time as Picasso’s paintings.

The NFT will be like Picasso’s 1932 paintings. I consider all the 2017 artwork collections that signify the starting of the NFT are important. I feel these NFTs will turn into much more prevalent in the long term.

It can be stated that Justin Sun is now slowly focusing much more on NFT with really energetic coverage of his personalized brand. Typically, “swinging hands” get property NFT’s very first Tweet with $ two million or $ six million for Beeple’s most sought-soon after artistic NFT.

Meanwhile, EtherRock is not the only function in the “gallery” of the JUST NFT fund. The Tron founder lately launched the world’s very first Picasso NFT painting soon after buying Picasso’s “Femme nue couchée au collier” for $ twenty million and Andy Warhol’s “Three Self Portraits” in March.

– See much more: Justin Sun founded the fund JUST NFT – The eternal passion of a “player”

More exclusively, the recent Metaverse trend is taking by storm, Justin Sun will also seem with billionaire Elon Musk’s mom Maye Musk to talk about “The Sovereign Robot Dog’s Avatar in Metaverse” venture on the similar day.

I am thrilled to talk on the panel “The Sovereign Robot Dog’s Avatar in Metaverse” with @justinsuntron September seven, 14:00 UTC. It will be humorous.

Thanks to the initiators of the panel @KodaRobotDog @RadioCacaNFT @USMverse @apenftorg pic.twitter.com/XQ7PgnYByu

– Maye Musk (@mayemusk) August 31, 2021

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: dollarsJustinmillionNFTreasonRetreatrevealedRockspendingSUN
Share76Tweet48

Related Posts

Institutions Reduce Bitcoin ETF Holdings by 23% Amid Profit-Taking

by shark
June 7, 2025
0

Institutional Bitcoin ETF exposure drops by 23% in Q1 2025 due to strategic profit-taking.

Bitcoin Holders Trigger Key Support Defense Amid Gains

by shark
June 6, 2025
0

Long-term Bitcoin holders initiate sales, challenging bulls at crucial $95,600 support level.

Uber Explores Stablecoin Usage for Global Settlements

by shark
June 6, 2025
0

Uber CEO Dara Khosrowshahi announced the company's interest in exploring stablecoins for global settlements to decrease foreign exchange costs and...

Yuga Labs CEO Proposes ApeCoin DAO Dissolution

by shark
June 6, 2025
0

Greg Solano, CEO of Yuga Labs, proposes dissolving ApeCoin DAO, transferring assets to ApeCo, aiming to boost operational efficiency.

LayerZero CEO Accuses Hyperlane of Wash Trading Manipulation

by shark
June 6, 2025
0

LayerZero's CEO highlights suspected Hyperlane wash trading, impacting token distribution and sparking industry debate.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Institutions Reduce Bitcoin ETF Holdings by 23% Amid Profit-Taking
  • BlockDAG Surges Past $287.5M as AVAX Cools and XLM Eyes Growth
  • Bitcoin Holders Trigger Key Support Defense Amid Gains
  • Uber Explores Stablecoin Usage for Global Settlements
  • Yuga Labs CEO Proposes ApeCoin DAO Dissolution
  • LayerZero CEO Accuses Hyperlane of Wash Trading Manipulation
  • Coinbase Adds Fartcoin and Subsquid to Listing Roadmap
  • Elon Musk Supports Trump’s Impeachment, Favors JD Vance
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7