Tron founder Justin Sun stated he is the top holder of the TRUMP memecoin, granting him access to a private dinner and a VIP reception with U.S. President Donald Trump this week.
An address associated with Sun reportedly holds around $21.9 million in TRUMP coins, placing him at the forefront of a sweepstakes that rewards the largest token holders with access to Trump at a golf club near Washington, D.C. This leaderboard is showcased on a publicized site.
Sun has also invested $75 million in World Liberty Financial, a decentralized finance project supported by the Trump family. The project’s co-founder has acknowledged Sun’s significant contribution to its success.
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 🍌
The TRUMP token launched shortly before the president’s inauguration in January and faced backlash from various sectors of the crypto industry, particularly concerning its timing and structure.
Democratic lawmakers have argued that Trump’s crypto initiative undermines ethical standards, proposing bills to prevent public officials from endorsing digital assets.
The White House responded by downplaying these concerns, denying allegations of misconduct and framing the criticism as politically motivated.
Notably, Trump’s memecoin saw a significant price increase following the event’s announcement, coinciding with Bitcoin Pizza Day, commemorating one of the earliest bitcoin transactions.
TRUMP is currently trading at $14.40, reflecting an 8.3% increase in the last 24 hours.
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