Justin Sun announces purchase of 100 million USD memecoin TRUMP

Justin Sun, the founder of #Tron , has recently attracted attention by announcing an investment of 100 million USD in TRUMP, the official memecoin project of US President Donald Trump.

Plans and Context

In a post on X on the evening of July 9, 2025, #JustinSun affirmed that accumulating 100 million USD in TRUMP reflects confidence in the synergy between ecosystems to jointly develop the crypto sector, and suggested that "TRUMP and TRON are the future of the crypto industry."

Previously, TRON also announced it would soon support memecoin $TRUMP on its blockchain platform, leveraging the interactive infrastructure of LayerZero. The price of TRUMP is showing a slight upward trend.

Justin Sun has made several moves to "befriend" President Donald Trump, including investing 75 million USD in WLFI token of World Liberty Financial (a DeFi project advised by the Trump family), and owning over 14 million USD in TRUMP memecoin, allowing him to attend a private dinner hosted by Trump for TRUMP holders. In return, Justin Sun is reported to have received numerous legal benefits in the US, including the SEC ending the investigation targeting his project.