Crypto mogul Justin Sun made news after eating a Banana from the $6.2 million artwork he acquired.
Last week, Justin Sun grabbed attention by purchasing the iconic artwork Comedian—featuring a banana duct-taped to a wall—for $6.2 million.
The TRON founder had previously announced plans to eat the banana, and he followed through by consuming it today.
Justin Sun Turns Artwork into a Snack
Justin Sun, the TRON founder, ate the $6.2 million banana from Comedian, an artwork he purchased at a Sotheby’s auction in New York on November 21.
The piece, created by Maurizio Cattelan, has now become the most expensive snack ever due to Sun’s actions.
In an X post, Sun described Comedian as more than just an artwork, calling it a “cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” He expressed hope that the piece would inspire thought and discussion while securing its place in history.
Sun explained his decision to eat the banana as part of a “unique artistic experience, honoring its place in both art history and popular culture.”
Sun’s Broader Investments and Market Impact
This event coincides with a report that Justin Sun has invested $30 million in Donald Trump’s World Liberty Financial and will join its DeFi project as an advisor.
In response to Sun’s actions, TRON’s price rose by 2%, currently trading at around $0.20. However, trading volume over the past 24 hours decreased to $610 million.
The algorithmic stablecoin USDD, associated with Sun, also teased the launch of “USDD v.2.0” with a banana-themed announcement.
This sparked speculation that Sun’s actions were a PR stunt to draw attention to his projects, a theory reinforced by USDD’s announcement.
Meanwhile, the Solana meme coin Comedian (BAN), inspired by the Comedian artwork, has seen a 14% price increase in the last 24 hours.
With a market capitalization of $140 million, the meme coin appears to have benefited from the publicity surrounding Sun’s move.