Justin Sun’s Plan to Propel Ethereum Price to $10,000
- Tron founder Justin Sun proposes halting Ethereum Foundation ETH sales for three years.
- Sun suggests taxing Layer 2 solutions to generate at least $5 billion annually.
- The collected taxes will be used to repurchase and burn ETH, promoting a deflationary model.
- Sun plans to leverage AAVE lending, staking yields, and stablecoin borrowing for operational costs.
- Ethereum’s price recently traded between $3,265 and $3,366 with a trading volume of $26 billion.
Justin Sun’s strategy includes stopping ETH sales and imposing taxes on Layer 2 solutions to create a deflationary system aimed at boosting Ethereum’s market value.
Source (2.6)https://coingape.com/tron-founder-justin-sun-reveals-plan-to-push-ethereum-to-10k/?rand=24432
