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Cryptocurrency News Articles

Justin Sun Calls Trump's Pro-Crypto Stance 'Game-Changing,' Defends Memecoins as Legitimate Assets

May 23, 2025 at 08:04 pm

Tron founder Justin Sun made waves this week after attending a high-profile Trump Gala Dinner, where he was recognized as the largest holder of the TRUMP memecoin and gifted a $100,000 gold Trump-branded watch on stage.

Justin Sun Calls Trump's Pro-Crypto Stance 'Game-Changing,' Defends Memecoins as Legitimate Assets

Tron founder Justin Sun is discussing former President Donald Trump’s pro-crypto stance, which he calls a “pivotal moment for the industry.”

Sun, a known figure in the crypto sphere, attended a Trump Gala Dinner this week, where he was recognized as the largest holder of the TRUMP memecoin and gifted a $100,000 gold Trump-branded watch on stage.

The event was a hot topic in crypto circles, especially following Trump’s recent remarks at an earlier rally, where he expressed enthusiasm for Bitcoin, Ethereum, and Litecoin.

After the dinner, Sun penned a note on X, reflecting on Trump’s words of gratitude for the crypto community’s support and his role in highlighting the industry to the former president.

“President Trump is a true supporter of blockchain technology and cryptoassets. He spoke highly of the crypto industry and its potential to create jobs and economic growth. Trump’s stance on crypto is a game-changer for the industry. It could lead to a shift in how crypto is regulated and adopted around the world.”

Sun also took the opportunity to respond to critics who have dismissed Trump’s involvement in memecoins or questioned their legitimacy.

“The critics of President Trump and his memecoins are narrow-minded. Memecoins are a new class of digital assets that are created and maintained by their communities. They are like startups in the sense that they carry risk and potential for reward.”

The Tron founder went on to state that memecoins “definitely have value,” highlighting their role as cultural and financial instruments in today’s society.

“People engage with memes and memecoins because they are funny, ironic, and relatable. Memecoins are also a form of speculative investment, which is another key driver of activity in Web3 ecosystems.”

The TRUMP token, which is linked to Trump-aligned digital asset platforms like World Liberty Financial, has been collecting attention amid a wider interest in political tokens in 2024–2025.

Sun’s presence at the dinner and his comments about Trump’s crypto stance highlight how the intersection of crypto and politics is becoming more pronounced.

As Trump continues to integrate crypto into his platform and figures like Sun champion the movement, the stage is set for a unique convergence of political and financial interest in the upcoming year.

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Other articles published on May 24, 2025