TRUMP Meme Coin Expanding to TRON Blockchain

TRUMP, the meme coin inspired by U.S. President Donald Trump, plans to launch on the Tron blockchain.

The planned cross-chain move aims to tap into TRON’s active user base and faster transaction speeds, which could drive broader adoption of the meme coin.

TRUMP Rollercoaster Debut: Price Surge and Sharp Correction

For context, TRUMP debuted on Solana on January 17, 2025, issuing 200 million tokens out of a planned total supply of 1 billion. Initial trading was extremely volatile, with prices skyrocketing from below $10 to $75 within hours. This pushed its fully diluted valuation close to $75 billion at the peak of the frenzy

However, the coin’s price soon tumbled. At press time, TRUMP is trading at $8.59, reflecting a massive decline of 88.57% from its peak. Current data shows TRUMP’s circulating market capitalization at approximately $1.718 billion, with a fully diluted valuation nearing $8.59 billion.

Details Missing as Market Awaits Tron Deployment

While excitement around TRUMP’s cross-chain expansion builds, the team has yet to release technical details or an official timeline for the Tron deployment. This lack of clarity has left investors speculating on when and how the move will impact trading dynamics, especially given the token’s history of extreme volatility.

Justin Sun’s Oversized Stake Raises Ethical Questions

Meanwhile, adding to the conversation is Tron founder Justin Sun’s deep involvement in TRUMP. In a tweet on May 20, 2025, Sun publicly confirmed he is TRUMP’s largest holder. He reportedly owns over $18.6 million worth of tokens after investing $75 million in Trump’s World Liberty Financial platform.

Interestingly, Sun’s position made him the top winner in TRUMP’s “private dinner” sweepstakes, which offered the top 220 holders exclusive invitations to dine at Trump’s Virginia golf club. Critics argue the sweepstakes creates a pay-to-play dynamic, blurring ethical lines.

Centralized Tokenomics Heighten Regulatory Risks

Further fueling concerns, two Trump-affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, control a combined 80% of TRUMP’s total token supply, locked in a three-year vesting schedule.

Analysts warn that this extreme concentration of ownership could enable price manipulation, undermining crypto’s foundational principles of decentralization and fairness.

This centralized structure, coupled with TRUMP’s political branding, has drawn the attention of ethics watchdogs and lawmakers.

Senators Richard Blumenthal, Elizabeth Warren, and Jeff Merkley have called for new legislation to limit how politicians and affiliated entities can use cryptocurrency endorsements or projects for personal or political gain.

As TRUMP moves forward with plans to launch Tron, it stands at a crossroads. The expansion could bring new liquidity and investor interest.