Sun Yuchen’s Costly Bet on Trump Coin Backfires
Sun Yuchen, also known as Sun Ge, recently attended the Trump Crypto Gala as the largest holder of Trump Coin—investing over $20 million into the token. The expectation? An exclusive opportunity to hear Trump’s vision for crypto. The reality? Trump made a brief appearance, gave a short speech, handed out commemorative watches, and left—without any in-depth discussion.
Trump Coin has since plunged from its all-time high of $80 to just $14. With Sun Ge buying heavily on the way up, his real cost far exceeds the current $20 million valuation. A tough lesson in hype vs. fundamentals.