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Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin

From cnbc.com

Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump. Sun, who founded the TRON blockchain and is working to resolve a civil fraud case with the Securities and Exchange Commission, announced the purchase of the $TRUMP token in an X post on Wednesday. Sun said the Trump-linked digital coins will soon be tradeable on the TRON network. ″$TRUMP on TRON is the currency of #MAGA,” Sun wrote. It’s a splashy endorsement at a moment of reckoning for political meme tokens. The $TRUMP token, 80% of which is controlled by the ... (full story)

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