Controversial crypto mogul Justin Sun beamed as he ate a $6.2-million banana in Hong Kong, a spectacle that ratcheted up the spotlight on digital assets as the industry tries to keep an historic market rally on track., comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby’s auction last week.
“However, we are yet to see the levels we’ve seen in previous cycles, which signals that we’ve got a wave of retail investors still sitting on the sidelines watching.” “Retail FOMO hasn’t returned to 2021 levels,” said Jupiter Zheng, partner at crypto firm HashKey Capital. “Only a portion of altcoins are performing well.”$1 trillion jumpThe president-elect’s platform includes a promise of friendlier regulations and the creation of a strategic US Bitcoin stockpile.