Tron Founder Justin Sun to Attend Private Dinner with Former President Trump as Top $TRUMP Memecoin Holder

Tron founder Justin Sun said he's the top holder of the TRUMP memecoin, entitling him to attend a private dinner and a VIP reception with former U.S. President Donald Trump this week.

Tron founder Justin Sun is set to attend a private dinner and a VIP reception with U.S. President Donald Trump this week as the top holder of the TRUMP memecoin.

A Solana address apparently associated with Sun is currently placing him at the top of the leaderboard in a sweepstakes that grants the biggest token holders the chance to dine with Trump at a golf club near Washington, D.C. The leaderboard appears on a website that Trump himself has publicized on his X account.

Sun is also a backer of World Liberty Financial, the decentralized finance project backed by the Trump family, having invested $75 million.

"Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!

As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. 🇺🇸," Sun said in a post on X.

The TRUMP token debuted just days before the president’s inauguration in January and has since been met with criticism from across the crypto industry and beyond.

Those familiar with the memecoin market will likely recognize this strategy. It’s a common tactic for projects to generate hype and interest by offering early access to a private token sale or by placing a large portion of the total token supply in a "community wallet."

However, in this particular case, the token is being sold to raise money for Trump’s new political venture, which will be used to fund his 2024 presidential campaign.

Those involved in the project have openly discussed how they are working together to maximize its success. For instance, in a recent interview, World Liberty Financial co-founder Zak Folkman credited Sun for the project’s progress.

However, Democratic lawmakers, including Sen. Elizabeth Warren and Sen. Richard Blumenthal, have argued that Trump’s crypto effort is eroding ethical norms. They’ve introduced bills to block public officials from launching or endorsing digital assets.

The White House has responded by rejecting allegations of conflicts of interest and framing the criticism as partisan disruption.

Trump’s memecoin, it’s worth noting, has seen a major price rise over the event’s announcement. The dinner falls on Bitcoin Pizza Day, which commemorates one of the earliest bitcoin transactions.

TRUMP is currently trading at $14.40, up 8.3% in the last 24 hours.