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Cryptocurrency News Articles

Crypto entrepreneur Justin Sun emerges as the leading holder of the Trump-themed meme token $TRUMP

May 21, 2025 at 12:41 am

Crypto entrepreneur Justin Sun has emerged as the leading holder of the Trump-themed meme token $TRUMP, securing an invitation to a private dinner with President Donald Trump

Crypto entrepreneur Justin Sun emerges as the leading holder of the Trump-themed meme token $TRUMP

Crypto entrepreneur Justin Sun is known for his lavish lifestyle and penchant for making bold moves in the digital asset sector.

Now, the Tron founder is set to attend a private dinner with former President Donald Trump at the Trump National Golf Club in Bedminster, New Jersey.

The dinner is part of a sweepstakes-style campaign linked to the $TRUMP token, which will grant the top 25 holders exclusive access to the president, in addition to a VIP gala reception.

Announcing his attendance at the dinner, Sun said that he topped the leaderboard with approximately $18.6 million in holdings of the token.

“Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!” Sun posted on X.

“As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.”

The $TRUMP token is a crypto derivative pegged to the former president, and it has become a hot topic in recent weeks.

It is currently trading at around $13, with a market cap of over $2 billion, according to CoinMarketCap.

The token’s price and volume have surged in recent days, and it is now ranked among the top 40 cryptocurrencies by market capitalization.

However, the token has no underlying product or utility, and its website makes clear that the token is “not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

Earlier this year, Trump announced his own crypto project, World Liberty Financial, which is a decentralized bank.

The project is being developed by Trump’s sons, Don Jr. and Eric Trump, and it will be funded through the sale of a new crypto token called the "Trump Token."

The project has already secured an investment of $75 million from Sun.

According to the project’s structure, 75 percent of the platform’s revenue will flow to entities owned by Trump.

The project is still in the early stages of development, and it is not yet clear when the Trump Token will be launched.

However, the project has already generated a lot of interest from the crypto community.

Many see it as a natural progression for Trump, who is known for his entrepreneurial spirit and his ability to build successful brands.

The project is also being seen as a way for Trump to remain engaged with his supporters and to continue to promote his political agenda.

Those interested in learning more about the $TRUMP token can visit its official website.

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Other articles published on Jun 13, 2025