On May 13, 2025, the participant list for President Trump's 'TRUMP Token Dinner' was officially announced. This event, dubbed 'the most exclusive presidential gathering in the world,' attracted 220 top TRUMP token holders, and on-chain data revealed that the top address belonged to Chinese entrepreneur and TRON founder Sun Yuchen. Sun is known as a 'marketing master'; does this significant entry hide other purposes? The answer may lie in Sun Yuchen's deep cooperation with the Trump family.
Trump Dinner Drama
The official Trump meme coin project officially closed the qualification window for the 'President's Dinner' early this morning, announcing a security screening for 220 selected participants. This globally anticipated crypto feast is scheduled to take place on May 22 at the Trump National Golf Club in Washington. The project team specifically stated that all participants who maintain their original holdings during the dinner will receive an additional 'Trump Diamond Hand' commemorative Solana NFT.
According to Reuters, Inca Digital monitoring data shows that participants holding $TRUMP in this event cumulatively invested $148 million. Qualification assessment used the weighted average of holdings from April 23 to May 12 as the ranking basis. The top 25 VIPs will enjoy special privileges, while the remaining 195 ordinary selected participants will gain basic entry permissions. The average holding of VIP guests at the Trump crypto dinner is nearly $4.8 million in TRUMP. The blockchain tracking agency Arkham confirmed that the leading 'SUN' wallet held a value of up to $18 million during this period, belonging to the Seychelles-registered exchange HTX, whose global advisory board member is the well-known crypto entrepreneur Sun Yuchen.
The mutual pursuit between Sun Yuchen and the Trump family
The collaboration between Sun Yuchen and the Trump family began in November 2024. At that time, Trump had just won the US presidential election, and his family's crypto project, World Liberty Financial (WLFI), announced the appointment of Sun Yuchen as an adviser and accepted his $30 million strategic investment. Sun Yuchen became the largest shareholder of the company; this collaboration not only showcased Sun Yuchen's influence in the crypto field but also marked his emergence on the global political and business stage. Subsequently, WLFI continued to increase its holdings of TRON TRX tokens, which have now become WLFI's fourth-largest asset, valued at over $10 million.
In the first half of this year, the MELANIA coin issued by Trump's wife Melania saw a daily market value exceeding $6 billion, supported by the rapid launch of Huobi HTX under Sun Yuchen; in the first half of the year, World Liberty Financial (WLFI) launched the compliant stablecoin USD1 pegged to the US dollar at a 1:1 ratio, making its debut on Huobi HTX. These actions not only further expanded Sun Yuchen's influence in the cryptocurrency field but also deepened his ties with the Trump family's projects.
Sun Yuchen, leveraging Trump's identity as the 'crypto-friendly president,' is pushing for the compliance of TRON in the US market. In January 2025, the Trump administration established the SEC Crypto Working Group, and the circulation of the stablecoin USDT in the TRON ecosystem immediately surpassed $66 billion, accounting for 62% of global cross-border payments.
This model of 'cryptocurrency providing the stage, politics performing the act' has made Sun Yuchen the first Chinese blockchain entrepreneur to deeply engage with the American political ecosystem. As (Forbes) commented: 'He is proving that cryptocurrency can be a strategic weapon for real power.'
From the (Forbes) cover to the tide of the times: Sun Yuchen's journey of 'breaking the circle'
In March 2025, Sun Yuchen appeared on the cover of (Forbes) magazine in a black haute couture suit, with the headline boldly stating: 'The crypto billionaire who helped the Trump family earn $400 million.' He is the second Chinese entrepreneur to receive this honor after Jack Ma, and in the cryptocurrency exchange field, he is the fourth after CZ, SBF, and Brian Armstrong.
Three major supports behind the cover:
Technical infrastructure: The number of TRON users surpassed 300 million, with a daily transaction volume of 120 million, exceeding Visa's global transaction volume by 1.5 times, becoming the largest circulation network for USDT.
Commercial breakthrough: Leading Huobi HTX to grow against the trend, launching 47 new assets in Q1 2025, with the $TRUMP coin seeing a daily increase of over 400%, and the platform's daily new user peak reaching 189,000.
Political games: Serving as Prime Minister of the Liberland Republic and promoting the compliance of the TRX ETF, building a new paradigm of 'decentralization + sovereign cooperation' in cryptocurrency.
Sun Yuchen's rise is full of controversy yet highly enlightening. From the marketing controversy of the 'Buffett Lunch' in 2019 to the artistic experiment of the 'Most Expensive Banana' NFT in 2024, he has always broken traditional perceptions with an aggressive stance. Now, the collaboration with the Trump family marks his transformation from a 'crypto celebrity' to a 'global business leader.'
Conclusion: The 'big result' of the crypto destiny person
When Sun Yuchen entered the Trump dinner venue, he represented not only the globalization ambitions of Chinese entrepreneurs but also the era metaphor of cryptocurrency moving from the margins to the center of power. From being a 'disciple of Jack Ma' by West Lake to a 'crypto evangelist' at Mar-a-Lago, Sun Yuchen has completed a generational shift in business power in ten years. Perhaps as he wrote in his signature on platform X: 'Believe in yourself that you will definitely achieve big results!' - and this 'big result' may be the ultimate subversion of traditional order by crypto civilization.
