Justin Sun has pledged to buy  $100 million worth of Donald Trump’s official memecoin, TRUMP

TRON founder Justin Sun is diving headfirst into the political memecoin frenzy, pledging to buy a staggering $100 million worth of Donald Trump’s official crypto, TRUMP. In a bold statement, he said that TRUMP and TRON are the future of crypto.

Justin Sun announced on X saying, “We are committed to buying $100 million of TRUMP […]  This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as GetTrumpMemes.”

TRON and TRUMP merger profits

Justin Sun’s investment comes days after TRON announced that it will launch TRUMP on its blockchain soon to enable increased interoperability and market access for the meme coin. Sun has publicly supported most Trump-linked crypto projects and is seemingly planning to be more involved in Trump-affiliated businesses.

🚨 $TRUMP is launching soon on TRON — powered by @LayerZero_Core 🚨

Thanks to LayerZero’s interoperability infrastructure, $TRUMP will move seamlessly across #TRON, connecting to the most used blockchain for real-world value transfer. https://t.co/gOtvuqXiEX

— TRON DAO (@trondao) July 7, 2025

Tron handled more than 5x Ethereum’s USDT transaction volume last week, so it should have plenty of bandwidth for a TRUMP expansion. The meme coin’s current circulating market cap is $1.7 billion, well within Tron’s capabilities.

TRUMP’s price has seen a rise of 3.5% in 24 hours. Still, it is merely continuing its recent pattern of chaotic swings on a steady downward trend. It’s unclear whether the meme coin has enough market interest to warrant this increased interoperability and market access. 

However, compared to several recent developments in Trump’s broader crypto empire, his eponymous meme coin hasn’t gotten much attention lately. Therefore, the Tron partnership may eventually spur gains for TRUMP, but it currently seems unclear. Also, TRON has seen a 0.9% surge in 24 hours and a 2.4% surge in a week.

This partnership seems more like a continuation of the two organizations’ ongoing collaboration.

Justin Sun’s controversy with POTUS companies

It doesn’t seem likely that Sun’s support for crypto projects backed by Trump will make it harder for the crypto company to stay out of trouble with the law in the US. According to a filing, Trump’s new, much more crypto-friendly US Securities and Exchange Commission (SEC) seems more likely to settle a fraud case involving Sun.

Lawyers made this request for the SEC, Sun, and his companies in a “motion to stay” filed in the US District Court for the Southern District of New York on Wednesday. Sun, three of his companies, including Tron Foundation Limited, were charged by the SEC for selling TRX and another token called BTT “through multiple unregistered ‘bounty programs.'”

That filing came after Sun raised his stake to $75 million in tokens released by World Liberty Financial, the crypto bank run by the Trump family. Sun, born in China, later bought the president’s meme coin. He won a contest for top holders and now has at least $97 million.

By the end of February, the SEC had officially paused its investigation into Sun’s businesses. More controversially, Dominari Securities, a New York-based boutique investment bank linked to Donald Trump Jr. and Eric Trump, managed to secure a deal for Sun’s Tron to go public in the US months after the pause of its fraud investigation. 

However, TRON has faced other lows. For instance, Tether, issuer of the world’s largest stablecoin, USDt, froze over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space. 

This has resulted in hiccups in the relationship between Sun and the Trump family, which has not been smooth. Even after being involved with each other, Eric Trump had denied reports that he would be involved in blockchain network Tron’s intent to pursue a public offering in the US.