TRON ($TRX ) is currently trading at approximately $0.272, experiencing a slight decline of 0.69% over the past 24 hours. The price has fluctuated between an intraday low of $0.2656 and a high of $0.2755.
This price movement coincides with TRON founder Justin Sun's recent attendance at former President Donald Trump's exclusive memecoin dinner. Sun, who has faced past investigations by the U.S. Securities and Exchange Commission (SEC) for alleged financial misconduct, was among the top 25 holders of the $TRUMP token invited to the event.
During the dinner, Sun received a $100,000 Trump-branded Tourbillon watch and praised the Trump administration's support for the crypto industry. He also highlighted the recent halt of an SEC investigation against him following Trump's return to office.
The event has sparked controversy, with critics raising concerns about the intersection of politics and cryptocurrency, as well as potential ethical implications. Despite the surrounding debates, TRON's price has remained relatively stable, indicating that the market has not reacted significantly to these developments.
