The founder of the crypto platform Tron, Justin Sun, announced the purchase of tokens $TRUMP worth $100 million, calling them the 'MAGA currency' in the Tron ecosystem. This deal, which Sun reported on July 9, 2025, has caused significant resonance in the crypto market. The price $TRUMP rose to $8.93, and trading volume increased by 120%, indicating a new wave of volatility. Sun emphasized that the alliance between $TRUMP and Tron symbolizes the future of cryptocurrencies, contributing to the development of communities like @GetTrumpMemes.
This move strengthens Sun's position as a key player in the crypto industry, although his reputation remains in question due to the SEC investigation. The investment also highlights the growing interest in meme coins associated with Donald Trump, whose cryptocurrency gained popularity ahead of his inauguration. Analysts predict further volatility but warn investors about speculative risks.
Sun, known for his passion for art and loud deals, sees $TRUMP not only as a financial opportunity but also as a way to support the crypto ecosystem. Stay tuned for crypto market news to keep up with events!
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