Cryptomillirer de Justin San and his blockchain project Tron will buy the Official Trump (Trump) memcin, released by the team of US President Donald Trump, for $ 100 million, announced a dignity. His team intends to promote token all over the world, primarily in Asia and Africa. He writes about this RBC Crypto.
“Trump on Tron is the Maga cryptocurrency (Trump’s slogan“ Let’s make America again the great ”),” wrote San.
Justin San, one of the most famous personalities in the cryptocurrency sector, said in an interview with Coindesk about his plans to turn Trump into global cryptobrand. According to him, this purchase is the beginning of the closest cooperation of Tron and the US administration and only the first of many planned joint ventures.
His team intends to lead the global expansion of memicin aimed at Asia and Africa, to increase the level of Trump and work on its listing on exchanges.
“We are so glad that Justin San and Tron buy Trump for $ 100 million,” wrote a team of the project standing behind Trump’s Memicine.
Trump token, originally released on the SOLANA blockchain, will soon be added to the Tron network. San said that it is planned to make a memcoin with a flagship asset in the ecosystem.
Previously, he already invested in Trump’s crypto projects. In the fall of 2024, San announced the purchase of World Liberty Financial of the Trump Financial WLFI tokens of $ 30 million, after which he was appointed an adviser in it.
More and more institutional investors in the United States will be considered by Tron as a good investment in the crypto -ecosystem, San noted, speaking about Tron’s plans to become a public company in the USA. According to him, “this is only the beginning.”
In June, it became known that Tron is preparing to enter the US exchange in the United States through a merger with SRM Entertainment, whose shares are traded on NASDAQ. According to the media, it is expected that the son of US President Eric Trump will take a position in the leadership of this structure.
Trump Memcoin was launched on January 18, 2025, two days before Trump’s inauguration. The token took off in price to the maximum in a couple of days and has since gently cheaper. Its current capitalization is $ 1.8 billion, the price is almost 90% lower than the January peak.
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Source: Cryptocurrency
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