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    Home»Web3»Tron’s Justin Sun defended Trump after the President’s dinner, ‘Memcoins has been merit’.
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    Tron’s Justin Sun defended Trump after the President’s dinner, ‘Memcoins has been merit’.

    PineapplesUpdateBy PineapplesUpdateMay 23, 2025No Comments3 Mins Read
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    Tron’s Justin Sun defended Trump after the President’s dinner, ‘Memcoins has been merit’.
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    The last time Justin Sun set foot in the US that he was the Ambassador of the WTO of Granada and was navigating the rocky water of former President Biden’s Crypto Crackdown.

    Time has changed. Now, he is having food in an event hosted by President Donald Trump at an event hosted for the biggest holders of his Trump Memcoin and celebrating a regulatory success, as the issuers look at a potential tron ​​ETF, indicating a striking upright in Crypto’s American fate.

    Speaking especially after the President’s dinner, speaking with coindesk, who was met by protesters, the founder of Tron dismissed the allegations that the token was a vehicle for bribery. He called Skptics as a short -sighted, arguing that a new era of digital asset innovation in the US can be sprayed in the US, arguing Trump’s crypto.

    “All hateful people really need to pay attention,” Sun told Coindesk, describing Trump’s support for Crypto as one of the best decisions of the President. “Positive things are happening in the industry.”

    Sun’s relationship with Trump’s affiliated Crypto Ventures returned just after last year’s election, when he purchased up to 75 million dollars of the World Liberty Financial token in several tranches.

    Shortly after Trump took over, his Securities and Exchange Commission (SEC), with the Crypto Exchange, stopped a civil fraud case against Surya; The SEC also withdrew or dropped a dozen other cases, although it filed a fresh citizen fraud case against Unicin earlier this week. And on the first Thursday, Wall Street Journal reported The Department of Justice, which chases criminal cases, was investigating the Tron founder since 2021.

    Read more: Where all SEC cases are

    Justin Sun in Trump Memcoin Dinner (Tron)

    Justin Sun in Trump Memcoin Dinner (Tron)

    He described dinner as a clear indication that the United States is re -achieving its position as Crypto’s global hub, marking a sharp reversal from the war of Biden administration on the industry, which inspired the previously crypto firms to consider offshore tricks.

    “At Trump Dinner, some supporters told me that they were thinking about leaving America due to Biden administration, going to places like Hong Kong or Singapore,” Sun said. “Even consensus began to catch incidents outside the United States.”

    “But now he has changed his mind. It brings everyone back to America,” he continued.

    Trump’s decision to launch a Memcoin has become faster and fierce than the mainstream media, Attempts to connect the token holders with white nationalism,

    Sun dismissed the criticism that critics have every right to express their views under the first amendment.

    ‘Memcoins have merit’

    While the protesters met Memcoin’s loyalty, who attended the Trump dinner, doubt about the coins of the meme is not limited to outsiders.

    In a fircide chat unanimously 2025, the founder of Barstool Sports, Dave Portnoy, described Meme coins as essentially “gambling”, who question their longevity.

    “I think why people like it,” said Portnoy. “This is a form of gambling, it is a Ponzi plan. I do not mean in a negative way.”

    The sun disagrees. Instead of looking at meme coins as gambling or ponzi plans, he deploys them as legitimate segments of digital asset markets.

    Sun indicated tokens such as Dogge and Shib as an example of success stories, which have helped users onboard in Crypto. He emphasized that Tron’s goal is to support “every piece of every piece in Crypto to grow and become mainstream”.

    “I completely feel that Memcoins have the merit,” Sun told the coindsk. “It is like doing business. Some are successful, some become zero. It is entrepreneurship.”

    Update (May 23, 06:15 UTC): Adds details on the previous investigation and additional background of the sun.

    defended dinner Justin Memcoins merit Presidents Sun Trons Trump
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