Justin Sun Wants to Make TRUMP a Global Crypto Brand | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 10 July 2025
⏱️ 2 minutes
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Summary
Host Jennifer Sanasie breaks down the latest news in the crypto industry as TRON founder Justin Sun buys $100 million TRUMP token.
TRON founder Justin Sun told CoinDesk that his $100 million TRUMP token purchase signals a strategic alignment with the current administration and he plans on making the TRUMP token very popular in Asia and in the rest of the world. Will this be the beginning of more collaborations between Justin Sun and the Trump team? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Transcript
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| 0:00.0 | Justin Sun wants to make the Trump token a global crypto brand and bit mining surged 250% on a Salonah Pivot. |
| 0:08.8 | You're watching CoinDesk Daily. I'm your host, Jen Sanassi. |
| 0:18.5 | Justin Sun is back with another big buy. |
| 0:21.3 | The Tron founder told CoinDesk that his $100 million Trump token purchase signals a strategic alignment with the current administration and marks the first of many planned collaborations with the Trump team. |
| 0:33.4 | The Trump token initially on Solana will be integrated into the Tron ecosystem and as part of a global expansion strategy targeting Asia and Africa. |
| 0:43.4 | He said we will make the Trump token very popular in Asia and in the rest of the world. |
| 0:48.4 | Sun said that the administration's support for crypto will benefit the U.S. for the next 20, 50, and even 100 years. |
| 0:55.9 | Bitcoin broke out of its very tight trading range during the U.S. Wednesday afternoon |
| 1:00.4 | hours, surging to as high as $11,854 before retreating. |
| 1:06.4 | The largest cryptocurrency by market cap briefly topped a new record in U.S. dollar terms on some |
| 1:11.7 | exchanges, including Binance, Coinbase, and BitStamp. But price data aggregators including |
| 1:16.6 | CoinDesk, Coin Gecko, and coin market cap show that Bitcoin remained just below its May 22nd peak |
| 1:22.9 | of $112,000. The move came amid a broader crypto rally that also saw ether climbing to $2,800, |
| 1:30.0 | its highest level in a month. A.I. coins tagged along with the hype, major tokens including |
| 1:35.1 | tau, ICP, render, and FET surged as much as 7% in the past 24 hours, outpacing even the 10 largest |
| 1:43.6 | coins by market cap. |
| 1:45.1 | And crypto miner bitmining surged 250% on a Solana pivot. |
| 1:49.4 | The company has plans to raise up to $300 million to acquire sole tokens. |
| 1:53.8 | Bitmining said it wants to capture emerging opportunities across the broader blockchain |
| 1:57.6 | industry and attract investors seeking exposure to Solana. |
| 2:01.5 | The company's New York Stock Exchange listed share soared as high as $11.20 in pre-market trading |
| 2:06.8 | over 350% compared to Wednesday's closing price of $2.46. |
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