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Cryptocurrency News Articles

Tron founder Justin Sun confirms he will attend a May 22 gala dinner organized for top TRUMP memecoin holders

May 20, 2025 at 06:26 pm

In a May 20 post on X, Sun said he was invited to the exclusive event and expressed gratitude and support for the US president.

The founder of Tron, Justin Sun, will be attending a gala dinner organized for the top TRUMP memecoin holders and hosted by US President Donald Trump.

Announcing his attendance at the May 22 event, Sun said he was invited by the TRUMP memecoin team and expressed gratitude and support for the US president.

“Honored to support POTUS and grateful for the invitation from the TRUMP team to attend President Trump’s Gala Dinner as his TOP fan,” he said in a May 20 post on X.

The TRUMP memecoin team had launched a competition to reward the top 220 token holders with access to the event. Of those, the largest 25 holders will gain entry to a private VIP reception with Trump himself.

Sun disclosed that he was the top-ranking holder, aligning with earlier speculation that he controls the HTX-linked wallet identified as “Sun.” He added:

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

Data from the TRUMP memecoin website showed that the “Sun” wallet had accumulated more than 1.4 million TRUMP tokens, valued at around $18 million, during the competition.

Sun’s US visit

Sun’s confirmed presence in the US comes as a surprise to many, especially considering past investigations by the Securities and Exchange Commission (SEC).

Despite this, he has been quite active in Los Angeles in the run-up to the gala, sharing snippets of his visit to the iconic Hollywood sign and the Worldcoin Orbs center in West Hollywood on social media.

The Orbs center offers biometric scanning for blockchain-based digital identity and rewards users with WLD tokens. However, it remains unclear whether Sun participated in the eye scan.

Meanwhile, Sun’s appearance at the gala further fuels speculation about his growing alignment with Trump-affiliated crypto initiatives. Earlier this week, he posted on X that he was ‘all in’ on the USA and that TRX is ‘made in America,’ in a now-deleted post.

Over the past few months, the controversial crypto entrepreneur has made significant moves to ingratiate himself with the US president’s crypto venture, World Liberty Financial, through strategic investments. He has also been advocating for integrating the Trump-linked USD1 stablecoin into the Tron blockchain.

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Other articles published on Jun 17, 2025