• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Justin Sun Accused of Manipulating Market with JustinDOG Meme Coin

user avatar

by Giorgi Kostiuk

2 years ago

  1. Rapid Rise of JustinDOG
  2. Insider Trading Allegations
  3. Partnership with Gotbit


    4. Justin Sun, the creator of TRON, is once again in the spotlight due to new allegations of market manipulation involving his latest meme coin, JustinDOG.

    Rapid Rise of JustinDOG

    The market cap of JustinDOG surged from $2 million to $200 million in just a few days, thanks to the JustinPump platform. This has triggered speculation that Justin and his team might be manipulating the market.

    Insider Trading Allegations

    Whispers in the crypto community are growing louder, with claims that Justin and a secretive team within TRON are engaging in insider trading, using 'pump-and-dump' schemes to profit. Justin’s history in the crypto industry doesn’t exactly help his case.

    Partnership with Gotbit

    Rumors also suggest that Justin has partnered with Gotbit, known for their aggressive market tactics. It's suggested that Gotbit might be behind the TRON meme trading NFD bot, attracting traders to the TRON blockchain. Observers note that while Ethereum (ETH) has taken some hits, TRON has been on the rise, amplifying suspicions.

    We often complain about teams dumping tokens on unlocks, but when a founder is so intent on pumping his own coin for two whole years, you gotta pay attention.

    Rumors of manipulation and partnership with Gotbit continue to grow. As the crypto community closely watches the situation, the future of TRON and its meme coins remains uncertain.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Price Encounters Resistance and Support Zones.

chest

Ethereum's price is currently experiencing a downside correction, facing key resistance and support levels.

user avatarElias Mukuru

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.