Justin Sun, the founder of Tron and a prominent figure in the crypto world, has announced a $100 million investment in the TRUMP meme coin project, which is named after former U.S. President Donald Trump.
In a statement shared on social media, Sun said that TRUMP and TRON represent the future of crypto, and emphasized that this move reflects his belief in cross-ecosystem collaboration and the growth of crypto communities. It is also known that Sun previously held around $19 million worth of TRUMP tokens.
Sun's interest in Trump-related crypto projects is not new. During Trump’s presidency, Sun invested $30 million—later increased to $75 million—in the Trump-backed World Liberty Financial token project, where he also served as an advisor. This close connection may work in Sun’s favor as he faces ongoing legal challenges in the U.S., especially considering the crypto-friendly stance of regulators during the Trump era. Sun and the SEC have recently filed for a temporary suspension of their legal proceedings.
