{"id":861478,"date":"2025-07-10T19:12:54","date_gmt":"2025-07-11T00:12:54","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/justin-sun-announces-plans-to-purchase-official-trump-meme-worth-100m-what-next-for-trump-price\/"},"modified":"2025-07-10T19:12:54","modified_gmt":"2025-07-11T00:12:54","slug":"justin-sun-announces-plans-to-purchase-official-trump-meme-worth-100m-what-next-for-trump-price","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/10\/justin-sun-announces-plans-to-purchase-official-trump-meme-worth-100m-what-next-for-trump-price\/","title":{"rendered":"Justin Sun Announces Plans to Purchase Official Trump Meme Worth $100M: What Next for $TRUMP Price?"},"content":{"rendered":"
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Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX<\/a>) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term.<\/p>\n

The announcement follows a recent move by the Official Trump memecoin team to bridge $TRUMP into the Tron blockchain through the LayerZero chain. According to Sun, the $100 million investment in TRUMP<\/a> memecoin highlights Tron\u2019s commitment to partner with vibrant crypto communities.<\/p>\n

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We are committed to buying $100M of $TRUMP<\/a>! Together, $TRUMP<\/a> and #TRON<\/a> are the future of Crypto.<\/p>\n

This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes<\/a>.$TRUMP<\/a> on #TRON<\/a> is the currency of #MAGA<\/a>!\u2026<\/p>\n<\/div>\n

\u2014 H.E. Justin Sun ???? (@justinsuntron) July 9, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

$TRUMP Price Ready for Bullish Breakout<\/h2>\n

The $TRUMP memecoin has grown to a market cap of about $1.8 billion and a fully diluted valuation of around $9 billion. Following the announcement, TRUMP price gained 5 percent on Wednesday to trade around $9.01 during the mid-North American trading session.<\/p>\n

The sudden $TRUMP price gain today coincided with the BTC price rally towards a new all-time high of about $112k. As a result, the $TRUMP price is well-positioned to rally in the coming weeks, especially if the BTC price consistently closes above $112k.<\/p>\n

\"Trump<\/figure>\n

From a technical analysis standpoint, the TRUMP price has been forming a double bottom coupled with bullish divergence of the daily Relative Strength Index (RSI). With the memecoin having retested the recent breakout of a falling logarithmic trend, a potential parabolic rally towards its all-time high has a high chance.<\/p>\n<\/div>\n

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\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"

Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term. The announcement follows a recent move by<\/p>\n","protected":false},"author":1,"featured_media":861479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[551,525],"tags":[],"class_list":["post-861478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-announces","category-justin"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=861478"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/861478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/861479"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=861478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=861478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=861478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}