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.
TRUMP price trend chart, source: CoinMarketCap.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.TradingKey
9 hours ago
Philip Morris International (PM): Successfully Moving Away from Traditional Products
TradingKey - Philip Morris International (PM) is perhaps the best positioned consumer stock at this moment. No other tobacco firm comes closer to the efforts PM is making to move away from traditional combustible products and no other big consumer company has the earnings growth potential as PM is hTradingKey
11 hours ago
TSMC Q2 FY2025 Preview: Strong AI Demand Amid Geopolitical Risks
TradingKey - Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE: TSM) is set to release its Q2 2025 earnings on Thursday, July 17, 2025, before the Taiwan market opens. The company will hold its earnings conference call and webcast on the same day at 14:00 Taiwan time (2:00 a.m. Eastern Time).TradingKey
11 hours ago
Hasbro, Inc.: Can Transformers Morph into a Digital Giant?
Hasbro demonstrates growth potential through digital gaming expansion, brand licensing, and emerging market strategies, with digital gaming revenue surging 46% and an operating margin of 49.8% in Q1 2025. Cost-saving initiatives boost profitability, with a DCF valuation indicating a fair value rangeTradingKey
14 hours ago
.jpg)
Japan June Inflation Preview: Expected to Ease but Remain Above Target, Providing Short-Term Support for the Yen
TradingKey - Japan is set to release its June inflation data on 18 July 2025, with market consensus forecasting that the National CPI (excluding fresh food) will ease to 3.3% year-on-year from 3.7% in May.TradingKey
15 hours ago
Tradingkey
