What to know:
- Justin Sun thinks calling TRUMP memecoin “bribery” is about as insightful as a horoscope in a tabloid—short-sighted, misguided, and probably written by someone’s cat.
- Apparently, Trump’s sudden crypto crush is his “best decision yet.” (Yes, really. We’re all living in the upside-down now.)
Last time Justin Sun was in the U.S., he was Grenada’s WTO ambassador, dodging Biden’s crypto crackdown like it was a game of dodgeball and he was the only one without a helmet.
Fast forward: he’s now schmoozing at a Trump-hosted soirée for the biggest TRUMP memecoin whales, popping regulatory champagne corks, and whispering sweet nothings about a Tron ETF. American crypto fortunes: from “exile” to “exclusive dinner party” in one administration flat.
After the dinner (which, naturally, had protestors—because what’s a crypto event without a bit of drama?), Sun told CoinDesk that bribery accusations are just the haters being haters. He’s convinced Trump’s crypto bromance could kickstart a digital asset renaissance in America. Move over Renaissance painters, here come the meme lords.
“All the haters need to really pay attention,” Sun said, with the energy of someone who’s just discovered oat milk. “There are positive things happening in the industry.”
The dinner, according to Sun, was basically America’s “we’re back!” moment for crypto, after Biden’s administration had everyone packing their bags for Hong Kong or Singapore. Even Consensus started holding events abroad—because nothing says “innovation” like running away from regulators.
“At the Trump dinner, some supporters told me they were thinking of leaving the U.S. because of the Biden administration, moving to places like Hong Kong or Singapore,” Sun said. “Even Consensus started holding events outside of the United States.”
But now? Apparently everyone’s unpacking their suitcases and coming home. The prodigal crypto bros return.
Mainstream media wasted no time clutching their pearls over Trump’s memecoin adventure, with bonus points for trying to link token holders to white nationalism. Sun, ever the diplomat, says critics can say what they want—First Amendment and all that jazz.
‘Memecoins have merit’
While protestors waved their signs outside, even inside the crypto bubble there was skepticism. At Consensus 2025, Dave Portnoy (yes, that Dave Portnoy) called meme coins “gambling” and “a Ponzi scheme”—but not in a bad way. Because apparently there’s a good way to run a Ponzi scheme now?
Sun isn’t having it. He insists meme coins aren’t just digital scratch cards for bored millennials—they’re legit. DOGE and SHIB? Success stories! (Depending on your definition of success.) Tron’s mission: make every weird little coin mainstream. Because why not?
“I totally think memecoins have merit,” Sun told CoinDesk. “It’s just like doing business. Some succeed, some go to zero. That’s entrepreneurship.” Or as your mum would say: “It builds character.”
Would you like me to break down or explain any part of this rewrite?
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2025-05-23 09:17