The founder of Tron blockchain, Justin Sun, has announced plans to buy $100 million of TRUMP meme coin ahead of the potential collaboration between his blockchain firm and the meme coin.
In his latest X post, Sun shared that TRUMP and Tron are collaborating to grow the crypto ecosystem, combining the values of community-centric meme coin and Tron’s high-speed and low cost blockchain infrastructure. “We are committed to buying $100M of $TRUMP!,” he said, adding, “Together, $TRUMP and TRON are the future of Crypto.”
The announcement underscores Sun’s strategy to intertwine cryptocurrency with political influence. He already has a $75 million investment in Trump-linked crypto project World Liberty Financial in and reportedly a $40 million investment in TRUMP tokens.
The move reflects this week’s early announcement that the TRUMP meme coin will be launching on Tron blockchain. At the time of writing, the TRUMP meme coin is trading at $8.93, up 3.43% in the past 24 hours—as per CoinMarketCap data.
Since Donald Trump’s comeback into the White House, the Sun-Trump tie has slowly expanded over time. To deepen the relationship with the U.S. president, Sun bought approximately $30 million of World Liberty Financial (WLFI) tokens weeks after Trump was elected president in November 2024.
The firm later named Sun an advisor in the project with him increasing the investment to a colossal amount of $75 million. To return the favor, World Liberty Fi purchased millions of TRX.
Also read: Trump’s WLFI Token Trading Vote Goes Live, 99% Say Yes
