Quick take:
Justin Sun is already one of the top holders of the Official Trump $TRUMP memecoin.
At Trump’s VIP dinner in May, Sun said he held more $TRUMP tokens, approximately $19 million, than anyone else.
In January, World Liberty, the Trump family-backed crypto company, bought millions worth of the Tron (TRX) token.
Tron’s Justin Sun has vowed to buy $100 million worth of $TRUMP memecoins amid strengthening ties between his company and the Trump family-backed World Liberty Financial.
“We are committed to buying $100M of $TRUMP! Together, $TRUMP and #TRON are the future of Crypto,” Sun wrote in an X post. “This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes.”
His statement comes just days after Tron DAO said the TRUMP memecoin will be coming to the Tron blockchain, powered by LayerZero. “Thanks to LayerZero’s interoperability infrastructure, $TRUMP will move seamlessly across #TRON, connecting to the most used blockchain for real-world value transfer,” Tron DAO wrote on X.
In January, World Liberty reportedly bought millions worth of the Tron token (TRX). The Ties between the Trump family and Sun were further fortified at Trump’s VIP dinner in May, during which Sun claimed to be the biggest holder of the TRUMP memecoin with about $19 million worth, at the time, according to CNBC.
Last November, just weeks after Trump was elected President, Sun bought $30 million of World Liberty Financial tokens (WLFI).
The Trump family’s crypto empire has grown over the past several months, launching multiple products via World Liberty. Besides the crypto company’s governance token, WLFI, it also launched a stablecoin, USD1, which, according to reports, has since grown to outpace Circle’s USDC in terms’ daily transaction volume, with over $4 billion.
Stay on top of things:
Subscribe to our newsletter using this link – we won’t spam!
Follow us on X and Telegram.
The post Justin Sun Vows to Buy $100M Trump Tokens, Calls TRUMP and Tron the Future of Crypto appeared first on NFTgators .
