Trump meme coin moves to Tron blockchain amid price decline

Originally launched in January on Solana, the TRUMP meme coin — associated with U.S. President Donald Trump's political brand — is now set to join the Tron network. This move reflects Justin Sun’s growing efforts to align himself with Trump’s inner circle and family by purchasing his tokens and engaging in the president’s crypto initiatives.
Currently, the TRUMP meme coin is facing hard times. Its price has dropped to $8.6, far below its January ATH of $74. Nevertheless, the TrumpMeme team is urging the crypto community to stand by TRUMP as it transitions to a new blockchain.
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In search of new buyers
According to Crypto.News, TRUMP’s expansion to Tron is a calculated response to global capital flows — making the token more susceptible to offshore influence.
The Tron network, known for high-speed transactions and low fees, offers real advantages for a meme coin that has recently seen a spike in trading volumes into the billions.
But behind the scenes lies a geopolitical undercurrent. Tron is founded and controlled by Justin Sun, a Chinese-born crypto mogul facing unresolved civil fraud charges in the U.S. He has publicly invested $75 million in Trump’s enterprise World Liberty Financial. His ties to TRUMP and WLF are not coincidental — they are financial and strategic.
Multiple wallet analyses show that Sun is likely the largest TRUMP token holder, controlling over $18 million, including $4.5 million bought after the “dinner contest” was announced for top stakers.
TRUMP price dynamics since launch. Source: CoinMarketCap
Blockchain analytics firm Inca Digital revealed that 19 of the 25 top TRUMP holders likely operate outside the U.S., with major activity on Binance, a platform that limits American users. Rumors around Sun’s $18 million stake only fuel concerns that TRUMP's valuation is tied to opaque, politically entangled capital.
The elephant in the room
The real elephant in the room is CIC Digital, a Trump-affiliated entity that holds 80% of TRUMP’s total supply. While these tokens are locked on a vesting schedule, such concentration contradicts the decentralized ethos cherished by crypto purists.
Critics argue this setup mirrors traditional pump-and-dump schemes — albeit with a veneer of legitimacy. Even repeated White House claims that Trump’s crypto holdings are in a trust managed by his children have not quelled skepticism, especially since token price swings often coincide with political headlines.
As we wrote, Trump-linked companies earn $620 million in recent months