Justin Solar debunks SUN sell-off rumors and slams FUD Mongery

• Justin Solar has debunked rumors linking him to the continued SUN Token Sale.
• SUN is down 35% this week after sturdy good points within the earlier week.
• Solar's assertion boosted SUN's value by greater than 16% previously few hours.

Tron founder Justin Solar has denied rumors linking him to the continued SUN token sale. He took to X (previously Twitter) to challenge a powerful denial and even urged these spreading the rumors to promote him their shares in SUN.

Solar's first publish, presumably aimed toward X's English-speaking group, used crude language. He adopted up with a calmer message in Chinese language clarifying that neither he nor SUN DAO offered any SUN tokens. The printed handle, he stated, was not related to an official challenge.

SUN is down 35% this week after making one of the important weekly rallies in its historical past. The Tron-based DeFi token surged almost 350% within the earlier week earlier than its current decline. TradingView information reveals that the altcoin fell from $0.04479 to $0.02879 this week.

In the meantime, after Solar's rejection of the selloff, SUN appears to have rediscovered its upside momentum. The DeFi token, which opened at present's buying and selling session at $0.030259, is up greater than 16% to $0.035179 on the time of writing, in response to information from TradingView. So Solar's denial of a sell-off seems to counteract the impact of an alleged FUD marketing campaign by these selling the SUN sell-off rumor.

It’s price noting that SUN began over 4 years in the past with the unique plan to emulate Bitcoin as a retailer of worth. Nevertheless, the token modified after the crypto market crash in 2021, turning it right into a DeFi token on the Tron community. SUN has a market capitalization of over $364 million, with over 9.95 billion of over 19.9 billion tokens in circulation, in response to CoinmarketCap information.