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Home Cryptocurrency Altcoins

rewrite this title Justin Sun Eats $6 Million Banana

Editor-In-Chief, BitDegree by Editor-In-Chief, BitDegree
November 29, 2024
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rewrite this title Justin Sun Eats  Million Banana
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The founder of Tron


TRX

$0.2062

, Justin Sun, did something no one expected: he ate a banana that was actually a piece of art he had just bought for $6.24 million.

The artwork, called Comedian by Maurizio Cattelan, is famous for being a banana duct-taped to a wall. Sun had purchased this quirky piece at Sotheby’s contemporary art auction in New York.

During a talk with journalists about his new “iconic” purchase, Sun stood in front of a plain white wall where the banana was taped. In the middle of his speech, he casually peeled the banana off the wall and started eating it.

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He joked to the crowd after taking a bite:

It’s much better than other bananas. It’s really quite good.

Before his unexpected act, Sun talked about how conceptual art and cryptocurrency are similar, pointing out how both challenge traditional ideas of value and ownership. His stunt seemed to resonate in the crypto community, especially with two meme tokens on the Solana


SOL

$244.39

blockchain inspired by the Comedian artwork.

One of these tokens, Banana Tape Wall (BTW), jumped 10% in value over the past 24 hours, bringing its market cap to $1.7 million after they shared news of Sun’s banana-eating moment. The other token, Comedian (BAN), saw a 9.5% increase, reaching a market cap of $138 million.

Sun’s stunt with the banana artwork isn’t his only headline-making moment. Recently, his $30 million investment gave a significant boost to Donald Trump’s crypto project. What impact did this funding have? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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