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Cryptocurrency News Articles
TRON Founder Justin Sun Will Attend President Donald Trump’s Gala Dinner
May 20, 2025 at 09:15 pm
TRON founder Justin Sun will attend President Donald Trump’s gala dinner on May 22 as the top holder of the $TRUMP meme coin. Sun announced his invitation
The TRON founder, Justin Sun, will attend President Donald Trump’s gala dinner on May 22 as the top holder of the $TRUMP meme coin.
Also known as "Justin S.R. Wu" on X (formerly Twitter), Sun announced his invitation to the exclusive event. This showcases his position as the leading investor in the Trump meme coin.
"Honored to support @POTUS & grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!" Sun wrote in a post on X on Monday. "As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto & discuss the future of our industry."
This will be a different networking oppty & the biggest crypto event of the year. May 22nd. https://t.co/8R8z3x8p88
The announcement comes as the $TRUMP token shows strong price performance. At press time, the coin is trading at $13.31, a 6.15% increase in the past 24 hours, 2.43% over seven days, and 64.50% over the past 30 days.
Donald Trump says the market is going to go higher as institutions are accumulating Ethereum below $3,000.
The Official Trump meme coin account promoted the upcoming dinner as the biggest crypto event of the year. The May 22 gathering will bring together Trump supporters and cryptocurrency enthusiasts.
The event seems designed to bridge traditional political support with the growing cryptocurrency community. Sun’s attendance as the top $TRUMP holder adds legitimacy to the gathering and suggests serious financial backing behind the token. According to the official website, the top 220 holders on the leaderboard will receive invitations to the gala dinner.
TRON network sees stablecoin growth
Sun’s $TRUMP investment comes during a period of growth for his TRON blockchain network. Recent data from Lookonchain shows stablecoins USDT and USDC on TRON increased by $2.12 billion over the past seven days, while the same stablecoins on Ethereum decreased by $2.44 billion.
This shift suggests users are migrating stablecoin holdings from Ethereum to TRON. This is possibly due to lower transaction fees and faster processing times.
The $TRUMP token is part of a growing category of meme coins that combine political support with speculative investment. As one of the few crypto industry leaders with direct access to President Trump, Sun’s participation could shape future discussions about cryptocurrency regulation.
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