Justin Sun claims he will buy $100M in Official Trump memecoin
2025-07-09 20:14:23
Main Idea
Tron founder Justin Sun announced plans to purchase $100 million worth of the Official Trump (TRUMP) memecoin, reinforcing his ties to Trump's crypto ventures despite the token's declining value.
Key Points
1. Justin Sun pledged to buy $100 million of TRUMP memecoin, calling it the future of crypto alongside Tron.
2. Sun is the largest holder of TRUMP tokens, owning 1.4 million tokens worth $12.6 million (down from $19 million previously).
3. Sun has invested $75 million in World Liberty Financial (WLFI), earning him an advisory role, and WLFI holds $9.63 million in TRON as a reserve asset.
4. TRUMP's price has dropped nearly 90% from its all-time high of $75.35 in January, currently trading below $9.
5. Sun's investments and partnerships with Trump-related ventures have drawn attention but have not significantly improved TRUMP's market performance.
Description
Tron founder Justin Sun, known for his bold promises, announced he will buy more Trump memecoins. The Official Trump (TRUMP) memecoin has recently been trading near yearly lows . Still, the token hasn’t lacked high-profile backers. On Wednesday, July 9, Tron founder Justin Sun claimed he would purchase $100 million worth of U.S. President Donald Trump’s memecoin through his various ventures. We are committed to buying $100M of $TRUMP ! Together, $TRUMP and #TRON are the future of Crypto. This mo...
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