Thursday, July 29

Sun Token (SUN) Loses 99% Value

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Sun Token (SUN) has fallen by 99% in the last 7 days, according to Coinecko data.

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Sun Token has lost 99% of its value in the last 7 days, becoming one of the important agenda items in the cryptocurrency community. The asset is trading at $0.03034215 at the time of writing, according to Coinecko data.

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Sun Token is a cryptocurrency created to advance the development of DeFi on the Tron (TRX) blockchain.

Named “Bitcoin’s twin” on the Tron Blockchain, Sun Token is a volunteer project operating on Tron as TRC-20. The community that developed the project continues its activities with smart contracts.

The reason for such a decrease in SUN on many sites such as Coinecko is the increase in the number of tokens. According to this decision, the price was withdrawn and the token holders were distributed at a ratio of 1:1000.

In this way, there was no loss of investors in fact.

However, the mixed information on the subject caused investors to experience short-term fear.

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