Justin Sun, the founder of Tron, has expressed interest in acquiring TikTok, positioning himself as a potential rival to Elon Musk in the crypto space. This comes after reports that Chinese authorities are considering selling TikTok US to Musk. Sun believes a crypto-community led acquisition could be a 'power move,' potentially leading to less censorship and increased popularization of crypto content on the platform.
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Justin Sun commented on an X post by user @DaoKwonDo X that, surprisingly, nobody within the crypto space has stepped up to buy TikTok. “It would be a power move,” he tweeted, adding: “We can either get someone like Justin Sun from Tron or a group of whales together and make it happen.” The user believes that “this would be a huge leap for crypto in many ways.”For example, at the very least, crypto content would stop being censored on the platform and popularized more than it is to date.
TikTok says they are going to shut off their apps in the US on Sunday if the Supreme Court doesn’t act.Pompliano launched an X poll to pick the community’s brain about which option they believe to be the most likely to happen. A total of 49.8% believe that TikTok apps will not shut down in the U.S., whereas 36.4% believe it will happen. Less than 2,000 people have taken part in the poll so far.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Business CRYPTOCURRENCY TIKTOK JUSTIN SUN ELON MUSK ACQUISITION
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