What to know:
- Tron founder Justin Sun has revealed he’s the proud owner of the largest chunk of TRUMP memecoin, with a Solana address linked to him holding a jaw-dropping $21.9 million worth of tokens.
- Being the biggest holder comes with some *exclusive perks*, like a private dinner and VIP access to U.S. President Donald Trump himself. Because, of course, that’s what crypto billionaires do in their spare time, right?
- And, as if that’s not enough, Sun also plunked down $75 million into World Liberty Financial—a decentralized finance project backed by none other than the Trump family. Zak Folkman, the co-founder of this shining beacon of finance, has generously credited Justin Sun for making it all a success. *How thoughtful!*
In a move that screams “only in 2025,” Justin Sun, the founder of Tron, has declared himself the reigning monarch of the TRUMP memecoin. And what do you get for being king of a memecoin? Well, apparently, an all-access pass to a private dinner with none other than Donald Trump himself. A Solana address supposedly linked to Sun is holding $21.9 million worth of this meme-tastic token, placing him at the top of the leaderboard in a competition that somehow leads to golfing with Trump near Washington, D.C. (Why not?)
This leaderboard, by the way, has been proudly showcased on Trump’s X account, because… why wouldn’t it be? There’s nothing quite as heartwarming as celebrating crypto and golf with the former president.
But that’s not all. Justin is also a major backer of World Liberty Financial—an innovative decentralized finance project that just so happens to have the Trump family as its proud sponsors. He invested $75 million. What a heartwarming display of support! Zak Folkman, one of the project’s co-founders, has even *graciously* credited Sun with its success. If that doesn’t make you believe in crypto, what will?
“Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!
As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. 🇺🇸”
— H.E. Justin Sun 🍌 (@justinsuntron) May 20, 2025
The TRUMP token made its grand debut just days before the president’s inauguration in January. Naturally, it was met with waves of criticism from the crypto world (and elsewhere). Critics were less than thrilled about its *timing* and structure, especially with a large chunk of the supply being handed out to Trump-affiliated insiders. But who cares about timing when you’re launching a coin that, for some reason, exists?
As expected, Democratic lawmakers—such as Sen. Elizabeth Warren and Sen. Richard Blumenthal—are all up in arms about the potential ethical quandaries, suggesting that Trump’s crypto endeavor is violating norms (of course). They’ve even gone as far as introducing bills to block public officials from endorsing digital assets. *Oh, the scandal!*
The White House has responded with their usual flair, downplaying the concerns and calling the criticism “partisan disruption.” You know, the usual political back-and-forth. But let’s be real here—nothing says *America* quite like a memecoin tied to a former president, right?
Oh, and speaking of memecoins, TRUMP token’s value has skyrocketed in the past 24 hours, up by 8.3%. Currently trading at a spicy $14.40. 💰 There’s no stopping this rollercoaster!
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2025-05-21 17:56