🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Tron Founder Justin Sun Lauds His Firm For Impressive Q2 Performance

Published 21/07/2023, 14:02
Tron Founder Justin Sun Lauds His Firm For Impressive Q2 Performance

  • Tron founder Justin Sun praised his firm for delivering impressive earnings of $77 million in Q2’23.
  • Tron surpassed the previous year’s earnings before the end of the first half of 2023.
  • Justin Sun’s anticipation is running high for the financial report of the third quarter of 2023.

Justin Sun’s Tron has posted an impressive earning of more than $77 million for Q2 ‘2023. The earning represented a 26% growth compared to the previous quarter, and a whopping 1000% increase compared to the second quarter of 2022. Sun has lauded his blockchain firm for the profitable numbers this year.

TronDAO, the decentralized autonomous organization behind the seventh-largest blockchain by market capitalization, recently published its financial report for the second quarter of 2023. The report revealed that Tron had doubled its revenue compared to the previous year, while the QoQ growth came in at over 51%.

Crypto analytics firm Coin98 Analytics took to Twitter recently to share Tron’s performance in the second quarter of 2023. Tron also reported a 64.6% increase in its expenses, which went from $111.4 million in Q1 to $183.4 million in Q2. The most impressive met…

The post Tron Founder Justin Sun Lauds His Firm For Impressive Q2 Performance appeared first on Coin Edition.

The post Tron Founder Justin Sun Lauds His Firm For Impressive Q2 Performance appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.