Justin Sun Eats $6 Million Banana—and the Crypto World Goes Bananas

The artwork, called Comedian by Maurizio Cattelan, is famous for being a banana duct-taped to a wall. Sun had purchased this quirky piece at Sotheby's contemporary art auction in New York.

During a talk with journalists about his new "iconic" purchase, Sun stood in front of a plain white wall where the banana was taped. In the middle of his speech, he casually peeled the banana off the wall and started eating it.

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He joked to the crowd after taking a bite:

It’s much better than other bananas. It's really quite good.

Before his unexpected act, Sun talked about how conceptual art and cryptocurrency are similar, pointing out how both challenge traditional ideas of value and ownership. His stunt seemed to resonate in the crypto community, especially with two meme tokens on the Solana SOL $172.26 blockchain inspired by the Comedian artwork.

One of these tokens, Banana Tape Wall (BTW), jumped 10% in value over the past 24 hours, bringing its market cap to $1.7 million after they shared news of Sun's banana-eating moment. The other token, Comedian (BAN), saw a 9.5% increase, reaching a market cap of $138 million.

Sun’s stunt with the banana artwork isn’t his only headline-making moment. Recently, his $30 million investment gave a significant boost to Donald Trump’s crypto project. What impact did this funding have? Read the full story.