Tron founder Justin Solar stated he is the highest holder of the TRUMP memecoin, entitling him to attend a personal dinner and a VIP reception with U.S. President Donald Trump this week.
A Solana deal with apparently related to Solar holds roughly $21.9 million value of the TRUMP coin, inserting him on the prime of the leaderboard in a sweepstakes that rewards the largest token holders with entry to Trump at a golf membership close to Washington, D.C. The leaderboard seems on an internet site publicized by Trump on his X account.
Solar can be a backer of World Liberty Monetary, the decentralized finance venture backed by the Trump household, having invested invested $75 million. The venture’s co-founder, Zak Folkman, has credited the Chinese-born crypto billionaire for its success.
Honored to help @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!
As the highest holder of $TRUMP, I’m excited to attach with everybody, discuss crypto, and focus on the way forward for our business. 🇺🇸 https://t.co/FYb39LTwDz
— H.E. Justin Solar 🍌 (@justinsuntron) May 20, 2025
The TRUMP token debuted simply days earlier than the president’s inauguration in January and was met with criticism from throughout the crypto business and elsewhere. Critics pointed to its timing of the launch and its construction, which allocates a big portion of the availability to Trump-affiliated insiders.
Democratic lawmakers, together with Sen. Elizabeth Warren and Sen. Richard Blumenthal, have argued that Trump’s crypto effort is eroding moral norms. They’ve launched payments to dam public officers from launching or endorsing digital belongings.
The White Home responded to the scrutiny by downplaying it, rejecting allegations of conflicts of curiosity and framing the criticism as partisan disruption.
Trump’s memecoin, it’s value noting, noticed a major price rise over the occasion’s announcement. The dinner falls on Bitcoin Pizza Day, which commemorates one of many earliest bitcoin
transactions.
TRUMP is buying and selling at $14.40, up 8.3% within the final 24 hours.