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TRON’s Justin Sun Goes Head To Head With Elon Musk Over Trump — Here’s What We Know
- Tron founder Justin Sun challenges Elon Musk by publicly supporting US President Donald Trump through a $100 million investment in the Official Trump (TRUMP) meme coin, aiming to rival Musk's influence in the crypto and political spheres.
- Sun's move positions him as one of the largest financial backers of Trump, setting up a direct competition with Musk, who has supported the US President both financially and vocally. Sun's recent donation through TronDAO reinforces this rivalry.
- Sun's $100 million investment in $TRUMP follows a previous purchase of $75 million worth of WLFI tokens related to Trump's first DeFi initiative, suggesting a strategic effort to strengthen his presence in Trump's crypto circle and the political meme coin space.
- While Musk has contributed significantly to Trump's campaigns, Sun's approach stands out due to the magnitude of his investments relative to his wealth. The competition between Sun and Musk not only reflects political alignment but also different strategies for influence in the crypto and political landscapes.
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