Justin Sun: "I didnt expect" the crypto bull market to return so early

16 May, 2019
by David Robb
Opinion
Justin Sun: I didnt expect the crypto bull market to return so early

At the recent Consensus 2019 event in New York, Tron (TRX) founder Justin Sun gave an interview to BLOCK TV. Sun shared his thoughts on the current state of crypto, claiming that he was surprised the bull run kicked in so early.

According to Sun, he saw 2020 and 2021 as being big years for the crypto market. He claims that he "didnt expect" the bull run and the influx of institutional money arriving earlier, in 2019.

As for crypto regulations, Sun is fully on board with any efforts to bring more legal guidance into the space. He sees this as being the key to making "the big money", such as more traditional financial institutions like pension funds, more comfortable with entering crypto. The Tron founder also predicted that Coinbase would launch an IPO sometime in the next few years, which would be an important step forward for regulation.

Addressing BTC maximalism claims, Sun was predictably unwilling to agree that "Bitcoin is crypto", as was stated by leading trader Peter Brandt. As he sees it, the success of Bitcoin is a success for all other cryptos, and vice versa. 

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