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Justin Sun commits to buying $100 million in TRUMP memecoins

The Block

2025-07-10 02:21:15

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Tron founder Justin Sun said he's committed to buying $100 million worth of President Donald Trump's TRUMP memecoin.

"We are committed to buying $100 million of TRUMP," Sun posted to X. "Together, TRUMP and TRON are the future of crypto. This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes" (the official X account for President Donald Trump's memecoin).

On Monday, Tron DAO said that the TRUMP memecoin would be launching on Tron.

As one of the top holders of TRUMP, Sun recently attended a dinner earlier this year hosted by the president. In May, Sun held nearly $19 million worth of TRUMP.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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