Justin Sun Backs Trump Again — Pledges $100M to Buy TRUMP

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AuthorBlock Tao

Jul 10, 2025 6:24 AM

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TradingKey – On July 10, TRON founder Justin Sun announced plans to purchase $100 million worth of TRUMP, reaffirming his support for Donald Trump and calling the token the “currency of MAGA”.

This follows Sun’s earlier $75 million investment in World Liberty Financial (WLFI), a crypto project linked to the Trump family. The TRUMP token, while categorized as a meme coin, is officially issued by Trump and accepted as payment by both the Trump Official Store and Mullen Automotive (NASDAQ: MULN).

At the time of writing, TRUMP is trading at $9.16, up more than 6% in 24 hours, though still well below its all-time high.

justin-sun-trump-tradingview

TRUMP price trend chart, source: CoinMarketCap.

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