TRON founder, Justin Sun, commits to investing $100 million in the Official Trump ($TRUMP) memecoin despite its declining value.
Sun, already the largest known holder of $TRUMP, aims to boost the token's visibility and adoption within the cryptocurrency market.
Justin Sun extends his influence by investing $75 million in World Liberty Financial (WLFI), a Trump-linked crypto company, and aiding the launch of $TRUMP on the TRON blockchain.
Despite Sun's efforts to promote $TRUMP as the preferred token for the MAGA community, the token's price remains low, and Democrats introduce the COIN Act to regulate crypto holdings by public officials.