Home / Tech / Tron founder Justin Sun says he is the highest $TRUMP meme coin holder
Tron founder Justin Sun says he is the highest $TRUMP meme coin holder

Tron founder Justin Sun says he is the highest $TRUMP meme coin holder

Justin Sun, founding father of blockchain platform Tron, poses for {a photograph} in Hong Kong, May 8, 2020.

Calvin Sit | Bloomberg | Getty Images

Chinese-born crypto rich person Justin Sun says he is the highest holder of the $TRUMP meme token and can be having dinner with President Donald Trump.

The dinner pageant — a sweepstakes providing gala get entry to to the sitting U.S. president — was once open to any individual on the earth keen to spend thousands and thousands of bucks on a virtual coin tied to Trump.

Late Monday evening, Sun posted on X that he had secured the highest spot within the $TRUMP token leaderboard, which earned him an invitation to a non-public dinner with the president, in addition to a VIP reception for the highest 25 holders.

“Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!” he wrote. “As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.”

Sun now holds $18.6 million value of the Trump-themed meme token, on most sensible of the $75 million he in the past poured into World Liberty Financial — a separate Trump-linked crypto project his sons have described as a decentralized financial institution designed to increase get entry to to the monetary machine. 75% of the platform’s earnings flows without delay to Trump-owned entities.

Altogether, Sun’s stake within the Trump circle of relatives’s crypto empire now tops $93 million.

Born in China, Sun is the crypto entrepreneur in the back of the Tron blockchain and is in talks with the Securities and Exchange Commission to unravel civil fraud fees.

The $TRUMP coin rose in worth by means of about 2% on Tuesday to $13.27, in keeping with Coinmarketcap.com. That values the circulating provide at $2.65 billion, making it the 39th most useful cryptocurrency. Bitcoin is essentially the most treasured at $2.1 trillion.

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