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TRON Founder Justin Sun Invests $100 Million in TRUMP Token Sparking 2.7% Gain
Generated by AI AgentCoin World
Friday, Jul 11, 2025 12:09 pm ET2min read
On July 9,
founder Justin Sun announced a significant investment by purchasing $100 million worth of the meme coin TRUMP. This move comes after the DAO behind the development of TRON announced the migration of TRUMP to the network on July 7. At the time of the announcement, the token was priced at $8.89, experiencing a 2.7% increase.Sun's interest in the TRUMP token is not new. In May 2025, he attended a gala dinner hosted by U.S. President Donald Trump for top holders of the TRUMP token. Prior to the event, Sun disclosed that he owned nearly $19 million worth of the meme token, making him the largest holder according to CNBC.
The bond between TRON and TRUMP has been strengthening over time. In November 2024, following Trump's election, Sun announced a $30 million investment in World Liberty Financial (WLF). This investment was later increased to $75 million, with Sun appointed as an advisor to WLF. In January 2025, World Liberty Financial added $4.7 million to TRON's investment portfolio, as reported by the Arkham Report.
Sun's investment in TRUMP tokens is part of a broader strategy to leverage the political influence of the Trump family to boost the token's value and reach. This move is seen as a strategic alliance between crypto and politics, aligning with the U.S. administration's pro-crypto stance. The purchase has sparked a fresh rally in the TRUMP coin, which is linked to Donald Trump's political brand, and is seen as a vote of confidence in the token's potential.
Sun's investment is also a strategic move to align himself with the U.S. administration's pro-crypto stance, which could pave the way for more collaborations between the crypto world and politics in the future. This investment is part of a broader strategy to make TRUMP a global crypto brand, leveraging the political influence of the Trump family to boost the token's value and reach.
Sun's investment in TRUMP tokens is not his first foray into the political arena. He has previously shown interest in political memecoins, and his latest move is seen as a strategic alliance between crypto and politics. The purchase was made through Aqua 1, an entity associated with Sun, which injected tens of millions of dollars into the Trump family's coffers, as the Trump family receives three-quarters of all token proceeds from World Liberty Financial.
Sun's investment in TRUMP tokens is part of a broader strategy to make TRUMP a global crypto brand, leveraging the political influence of the Trump family to boost the token's value and reach. This move is seen as a strategic alliance between crypto and politics, aligning with the U.S. administration's pro-crypto stance. The purchase has sparked a fresh rally in the TRUMP coin, which is linked to Donald Trump's political brand, and is seen as a vote of confidence in the token's potential.
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