TRON Founder Justin Sun is Now the Largest Known Holder of the TRUMP Meme Token

Coin Edition reported the update via X, that showed the event's leaderboard based on on-chain data

Tron founder Justin Sun has now officially registered for the Trump-themed gala dinner. The move comes as the TRUMP meme token has seen a surge in interest.

Coin Edition reported the update via X, which showed the event’s leaderboard. On-chain data reveals that Sun now holds over 1.17 billion TRUMP tokens, making him the largest known wallet holder.

His participation has significantly intensified interest in the event and the token’s market activity.

On-Chain Data: Sun’s TRUMP Bag Exceeds $14 Million

According to blockchain analytics firm Lookonchain, Justin Sun’s wallet is still holding 1,176,803,029 TRUMP tokens. At present rates, this portion is valued at around $14.32 million.

His time-weighted score, a metric combining token quantity and holding duration, stands at 621.8 million.

This places him well ahead of other notable holders. While several other large holders are tagged as VIPs, Sun’s wallet stands out for both its volume and early accumulation.

Other top wallet holders include “CASE” with a time-weighted holding of 391,680,680 tokens, followed by MeCo with 336,927,219 tokens. EV holds 218,162,727 tokens, while 0x4E4 and LVDV possess 156,325,273 and 143,502,152 tokens, respectively. These figures place them among the highest-ranking participants on the $TRUMP leaderboard.

Notably, the frenzy about the TRUMP meme coin stemmed from President Donald Trump’s invitation to dinner with the highest token holders. The Trump Dinner will take place in May at the Trump National Golf Club in Washington, DC. The event is open to the top 220 TRUMP token holders, and the top 25 will receive exclusive benefits.

The qualification period began on April 24 and ends on May 12. The promise of an exclusive dinner with potential access to President Trump has triggered a rush among crypto whales and retail investors.

Justin Sun’s registration was confirmed after blockchain intelligence firm Arkham linked a cold wallet operated by HTX (formerly Huobi) to a top-ranking holder. Once his participation was verified, market interest skyrocketed.

The TRUMP token responded positively to the news of Sun’s participation. In hours, it rose from $12 to $12.92.

$TRUMP Team Clarifies Dinner Entry Requirements

The Trump Meme Token team took to X to address growing misconceptions surrounding the dinner’s entry criteria. A viral rumor claimed that participants needed to hold at least $300,000 worth of TRUMP tokens to qualify.

However, the team clarified that this is false. The team claimed that the 220th-ranked wallet on the leaderboard holds just 35.3 TRUMP tokens, which are currently valued at $420.

This clearly indicates that even minimal participation in the TRUMP token can grant an invitation to the dinner with President Trump. The team also reminded everyone that not all wallets on public block explorers or even the leaderboard (like exchange or market maker wallets) necessarily belong to individuals aiming to attend the event.