- Justin Sun pledged $100M to buy TRUMP coin as the token launches on the TRON blockchain.
- TRUMP coin’s trading volume doubled in 24 hours after Sun’s announcement, reaching $322 million.
- Sun deepens ties with Trump-linked crypto ventures, including a $75M stake in WLFI and an advisory role.
TRON founder Justin Sun has committed to purchase $100 million worth of the TRUMP memecoin ahead of its launch on the TRON blockchain. The memecoin linked with President Donald Trump marks a development in the intersection of crypto and politics. The move is expected to boost TRUMP coin adoption with the integration on the TRON blockchain.
Sun shared the announcement on social media platform X, stating, “We are committed to buying $100 million of TRUMP. Together, TRUMP and TRON are the future of crypto.” Sun also emphasized the collaboration as a step to grow crypto across ecosystems especially within political communities like the MAGA movement.
The TRUMP coin, linked to President Trump’s political brand, saw renewed interest following the pledge. Its price rose to $9.08, gaining over 5% within 24 hours, and trading volume rose 136% to $391 million.
TRUMP Coin Launches on TRON as Political Crypto Ties Grow
The TRUMP memecoin was officially launched on the TRON blockchain on July 7. Sun, one of the largest TRUMP token holders, confirmed the collaboration with a post on X.
The TRON founder stated that the collaboration was designed to boost the visibility of both the TRON and TRUMP coin, describing the token as “the currency of the MAGA movement.” He suggested that closer ties with crypto communities like GetTrumpMemes could drive mainstream adoption and cross-ecosystem growth.
The integration aims to improve access, transaction speed and usability in the TRON ecosystem. In addition, the TRON network recently handled more USDT volume than Ethereum, indicating the potential capacity for higher-throughput tokens like TRUMP.
Earlier this year, Sun attended a dinner hosted by Trump to honor the top holders of the coin. During that time, he held $1.4 million TRUMP tokens, which were worth $19 million. Although the current valuation of his holdings has dropped to around $12.6 million, his pledge indicates a continued commitment to the token’s long-term growth. Through this new $100 million investment, Sun’s total stake in TRUMP can increase to more than $197 million.
Also Read: Trump’s Truth Social Files ‘Crypto Blue Chip ETF’ tracking BTC, ETH, SOL, XRP, CRO
Sun’s Expanding Role in Trump’s Crypto Ventures
In addition to the TRUMP coin, Justin Sun has close connections to other Trump-related crypto projects. His $75 million investment in World Liberty Financial, a company linked with the Trump family, earned him a position as an advisor. The company also added TRON to its reserves holding nearly $10 million worth of TRX as of January.
Furthermore, Sun’s commitment reflects a long-term strategic partnership, as the TRUMP coin struggles to regain momentum after prolonged price depreciation. Although the TRUMP coin has witnessed recent gains it remains down nearly 90% since its January high of $75.35.
In addition, TRON has also gained modest momentum, with a 2.4% weekly rise, which partnerships and ecosystem growth could have driven.
Also Read: Is TRON (TRX) a Buy in 2025? Analysts Share Price Targets and Insights
Disclaimer: This article is based on real-time market data and general technical observations. It does not constitute financial advice. Always conduct your own research before making investment decisions.
