Justin Sun, the visionary behind Tron, has claimed the top spot as the leading holder of the TRUMP memecoin, unlocking exclusive access to a private dinner and VIP reception with U.S. President Donald Trump this week. According to a Solana address believed to be associated with Sun, he holds approximately $21.9 million worth of TRUMP tokens. This places him at the top of a leaderboard that rewards its biggest token holders with a chance to meet Trump at a golf club near Washington, D.C. The leaderboard is publicly displayed on a website promoted by Trump on his social media platform.
In addition to his involvement with TRUMP tokens, Justin Sun is a significant supporter of World Liberty Financial, a decentralized finance (DeFi) project backed by the Trump family, having invested a substantial $75 million. Zak Folkman, the project’s co-founder, has credited Sun’s influence and investment for the project’s success.
Sun expressed his excitement about supporting President Trump and appreciated the invitation to attend the Gala Dinner as the top fan of the $TRUMP token. He shared his enthusiasm about connecting with industry peers, discussing the future of crypto, and celebrating the industry’s potential.
The TRUMP memecoin launched just days before Trump’s inauguration in January, drawing criticism from various sectors of the crypto community and beyond. Critics questioned the timing of its release and its structure, which allocated a large portion of the supply to insiders linked to Trump. Democratic lawmakers, including Senators Elizabeth Warren and Richard Blumenthal, have argued that Trump’s crypto initiative threatens ethical standards, proposing legislation to prevent public officials from launching or endorsing digital assets.
The White House responded defensively, dismissing these concerns and framing the criticism as partisan politics. Despite the controversy, the $TRUMP token saw a notable price increase following the announcement of the dinner event. Currently, the token is trading at around $14.40, reflecting an 8.3% rise in the past 24 hours, coinciding with Bitcoin Pizza Day—a nod to one of the earliest Bitcoin transactions.
Justin Sun’s active involvement in the TRUMP memecoin saga highlights the intersection of crypto innovation, political symbolism, and investor engagement, making this story a compelling chapter in the evolving narrative of digital assets and their influence on politics.
