Justin Sun says “harshest winter” for crypto has passed

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Despite a challenging Q3, Justin Sun group recorded a $98 million profit, anticipating a crypto market spring recovery in Q4.

Despite industry headwinds, Justin Sun’s group of companies recorded Q3 profits of $98 million, showing its resilience in the crypto sector.The third quarter brought a wave of uncertainty to the crypto sector, as various developments unfolded across the industry. However, theJustin Sun recently shared a snapshot of the performance of his group of companies in Q3. The group consists of TRON, HTX, Poloniex and TUSD amongst others.

However, the Justin Sun group managed to maintain its revenue growth rate, even during this challenging period. As the overall market enters a recovery phase in the fourth quarter, there’s optimism about future performance. Sun also expressed optimism about the industry’s future. He believes that the harshest winter for cryptocurrencies has passed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors deliver harshest punishment for earnings warnings in 16 yearsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »