The sun of the throne says it buys another 100 million dollars of memekuin Trump

Justin Song, founder of the Blockchain Tron Platform, creates a photo in Hong Kong on May 8, 2020.

Calvin to sit Bloomberg | Gets the image

Crypto -Millder Justin Sun buys another $ 100 million, double the digital coins related to President Donald Trump.

The sun that founded Blockchain Tron u have Working on a civil fraud case with the US Securities and Exchange Commissionannounced about buying $ trump to a token X Message on Wednesday. Sun said digital coins related to Trump will soon trade on the TRON network.

“$ Trump on Tron is a #maga currency,” the Sun wrote.

This is a magnificent approval at the time of paying for political memes.

The $ Trump token, 80% of which is controlled Trump’s organization And affiliated structures have become the main part of the expanded cry of the family. “Act on Corruption Crypto”, Introduced by the Senate -Democrats Earlier this year, it was planned to ban the elected officials and high -ranking executive officers to issue or support digital assets.

The coin at $ TRUMP launched after launching in January, reaching the maximum on market capitalization by $ 15 billion on the first day of trading Before the sharply slid up to about $ 2 billion as of July. Additional $ Token MelaniaMeanwhile, in January, in January, up to $ 141 million reduced more than 90% of the cost.

But such instability of prices was good for business.

The Trump Troken Token Code automatically directs the fee from each transaction to the wallets associated with its creators. Only in January and April these wallets were involved More than 324 million dollars of income tradeaccording to the chain. Since then, Blockchain Analytics has stopped tracking this metric, citing other clients’ commitments.

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The sun quickly came out as one of Trump’s largest whales.

In January, Sun increased its possessions WLFI TOKEN World Liberty Financial – where 75% profit comes to Trump’s family – up to $ 75 million. A Court supply In February, it turned out that Sun and SEC are negotiating to decide the agency The case of civil fraud against him.

The sun soon added token $ Trump to his portfolio by winning the competition for The best owners And then fix its influence in the universe of the Mago-cry.

Now the sun is there Entering the US State Markets Through Furation since SRM Entertainment.

Dominari – boutique -investment bank whose maternal company recently drew attention to its Binds to Trump’s family. Joined Donald Trump -Jr. and Eric Trump Advisory Board Dominari Holdings Earlier this year, shortly before the firm’s shares rose.

The latest Sun rate emphasizes how deeply leveled Trump, built into the speculative center of the cryo-market-and how aggressively loud players such as Sun are at the moment.

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