You make a very good point. Why on earth would he spend 10+ Million dollars to attack a token that is likely to survive anyway? What people don't realize is although it seems like Justin Sun is worth a lot of money, if he starts rapidly selling his tokens, the last 80% of them will be nearly worthless.
A Steemit/Tron partnership is a good word here, Ned cashed out and can do whatever he wants. Usually, the smaller company which was acquired does better, but this is blockchain. Wait and see.