Justin Sun’s Strategic Moves: Tron (TRX) and the Rise of Trump Memecoin
Tron founder Justin Sun has made headlines by becoming the largest holder of the TRUMP memecoin, with a staggering $21.9 million stake. This investment not only solidifies his influence in the cryptocurrency space but also grants him exclusive access to a private dinner and VIP reception with former U.S. President Donald Trump. The Solana-linked address associated with Sun dominates the leaderboard for the sweepstakes, which Trump himself promoted on his social media platform. Sun’s strategic moves extend beyond the TRUMP token, as he continues to play a pivotal role in the Tron ecosystem, with TRX currently trading at 0.26860000 USDT. This development underscores the growing intersection of cryptocurrency, politics, and high-profile investments, further cementing Sun’s reputation as a key player in the digital asset arena.
Justin Sun Becomes Largest Holder of Trump Memecoin with $21.9M Stake
Tron founder Justin Sun has emerged as the top holder of the TRUMP memecoin, securing a $21.9 million position that grants him exclusive access to a private dinner and VIP reception with former U.S. President Donald Trump. The Solana-linked address tied to Sun dominates the leaderboard for the sweepstakes, which Trump promoted on his social media platform.
Sun’s influence extends beyond the TRUMP token. He is a key investor in World Liberty Financial, a decentralized finance initiative backed by the Trump family, with a $75 million commitment. Project co-founder Zak Folkman attributes much of its success to Sun’s involvement.
The TRUMP token launched just days before Trump’s scheduled appearance, creating a surge of interest in politically themed digital assets. The event will take place at a golf club NEAR Washington, D.C., where top token holders gain privileged access to the former president.
Tron Coin Daily Transactions See 95% Spike, Impact on TRX Price
TRON’s daily transactions surged 95%, reflecting heightened network activity. The 30-day moving average of transactions doubled from 4.3 million to 8.4 million, signaling sustained growth.
On-chain data reveals accelerating adoption across the TRON ecosystem. The network recently surpassed ethereum in USDT stablecoin supply—a milestone underscoring its expanding utility.
Trump’s Memecoin Dinner Sparks Protests Amid Crypto Controversy
President Donald Trump’s exclusive dinner for top memecoin investors, including TRON founder Justin Sun, has drawn sharp criticism from Democratic lawmakers and advocacy groups. The event, hosted at Trump National Golf Club Washington, D.C., is seen as a conflict of interest, with proceeds allegedly benefiting the president’s business ventures.
Protesters gathered outside the venue, while Representative Maxine Waters led counter-programming near the Capitol Building. The controversy highlights growing tensions between crypto enthusiasts and regulatory watchdogs.