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Sun Yuchen announced that he will purchase 100 million USD in TRUMP to promote the expansion of the TRON ecosystem.
[Bitpush] TRON founder Sun Yuchen announced on Wednesday (July 9): "We pledge to purchase 100 million USD of TRUMP. TRUMP and TRON will be the future of Crypto Assets. This move highlights our belief in cross-ecosystem collaboration to develop the Crypto Assets landscape together with the community."
Previously, the TRON DAO announced on Monday (July 7) that the TRUMP meme coin will be officially launched on the TRON blockchain, which means that this meme coin will expand from its original Solana chain to the TRON network, aiming to leverage TRON's large user base and faster transaction speeds. As of 2:42 PM Eastern Time on Wednesday, the price of the TRUMP coin was $8.89, up 2.7% for the day.
As one of the top holders of the TRUMP meme coin, Sun Yuchen was invited to attend a dinner hosted by Trump earlier this year. According to reports, before attending the VIP dinner, Sun Yuchen stated that he held nearly $19 million worth of TRUMP meme coins, making him the largest individual holder.