Justin Sun, founder of the TRON blockchain network, has announced a commitment to purchase $100 million worth of the $TRUMP token, a meme cryptocurrency associated with the 47th US president. Sun described $TRUMP as “the currency of MAGA” and expressed intentions to increase the token's popularity in Asia and globally. Despite $TRUMP trading near yearly lows and down approximately 90% from its all-time high, Sun's investment deepens his involvement with Trump-linked crypto ventures. The $TRUMP token has risen 114% since its launch and is integrated within the TRON ecosystem, which also features other digital assets like WLFI’s USD1 coin. Sun was noted as the top holder of $TRUMP at a recent meme coin gala. This move follows previous scrutiny of Sun by the SEC, highlighting a continued strategic focus on expanding TRON's crypto landscape through collaborations and community engagement.
🚀 @justinsuntron is going all in on TRUMP 🧠 Tron will invest $100M in the meme coin associated with the 47th US president. • TRUMP token up 114% since launch. • WLFI’s USD1 coin now on Tron. • Sun was top TRUMP holder at meme coin gala.
LATEST: Justin Sun says they are committing to buy $100M of $TRUMP, calling it “the currency of MAGA”. https://t.co/VmsKs2MnsN
"We will make TRUMP token very popular in Asia and in the rest of the world," @justinsuntron said after buying $100 million worth of the presidential memecoin. By @thesamreynolds. https://t.co/5GhUsfc6Vg