News View Non-AMP

Tron’s Justin Sun Tops TRUMP Leaderboard with $14.32M Investment

Published by
Nidhi Kolhapur

Justin Sun, the founder of Tron, has been rumored to be holding over $14 million worth of the $TRUMP meme coin

Sun Tops The List

An HTX cold wallet, believed to be linked to Sun’s, is currently topping the leaderboard. Since Trump announced the private dinner for the top 220 TRUMP holders, the crypto space has been exploding with activity. The token is trading at $12.09, down 0.6% in the past day.

As of April 25, 2025, Sun allegedly owns about 1,176,803 TRUMP tokens valued at around $14.3 million. Within an hour, the token’s price shot over 60% in reaction to the news yesterday. 

Rumors are making the rounds that Sun might be attending the President’s exclusive gala dinner next month, and he is dropping hints that it could be true. The dinner is set to take place on May 22. 

The wallet has been moving TRUMP tokens for the past three months and has only added more since the dinner was announced. It is also reasonable to believe that it could be a regular cold storage wallet used by an exchange. Since registering for the TRUMP leaderboard doesn’t risk the security of the tokens.

Last year, Sun invested $30 million in WLFI shortly after the election. Since then, the SEC has also moved to settle a civil fraud case against him.

Since Wednesday’s announcement, 27 crypto wallets have each acquired over 100,000 TRUMP coins, worth around $1 million each, to secure a spot at Trump’s May 22 gala. The biggest buyer scooped up 2 million coins for $24 million. The Trump-affiliated team also earns fees from each transaction, making $1.25 million in the past week.

Critics have expressed concerns that Trump’s meme coin could be used as a money-grab or a way to secretly gain political influence by making large investments to boost the coin’s value and over potential conflicts of interest.

What is the TRUMP meme coin?

The TRUMP token is a meme coin associated with Donald Trump, and holders of the top 220 amounts of the coin are invited to a private dinner at Trump National Golf Club.

Why is the TRUMP coin’s price fluctuating?

The price of $TRUMP coins has surged due to the announcement of the private dinner event, with significant buying activity from crypto wallets. However, analysts warn that once the excitement fades, the coin’s price could drop, leaving late buyers at risk of losing money.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

As Equity Meets Efficiency, BeToken Could Be Forging Spain’s Blueprint for High-Growth SMEs

When shoppers browse for something, they probably can't imagine owning a piece of the company…

July 21, 2025

Dogecoin and Shiba Inu Reclaim Key Levels, But Traders Shift Focus To ‘XRP 2.0’ Remittix Before Next Major Update

Both Dogecoin and Shiba Inu are making headlines this week with significant whale activity and…

July 21, 2025

Ethereum Will Likely 5x—But Ozak AI’s Presale Could 100x From $0.005

With Ethereum’s steady performance signaling renewed interest in the blockchain sector, attention is turning toward…

July 21, 2025

Ayni Gold Is Tokenizing the Once-Inaccessible Gold Mining Industry — Here’s What It Means for Everyday Investors

Ayni Gold is revolutionizing gold investment by tokenizing real mining capacity in Peru. Each $AYNI…

July 21, 2025

4 Things XRP Traders Should Watch Before XRP’s Next Major Price Surge

XRP is making headlines once again as July turned out to be one of its…

July 21, 2025

ETH Price Surges on ETF Inflows, $17K in Sight

The ETH price rallied toward the $4,000 mark at the start of the week, a…

July 21, 2025