Justin Sun, founder of Tron, has publicly confirmed his position as the leading holder of Donald Trump’s TRUMP meme coin on Solana, earning him a VIP invitation to the president’s upcoming gala dinner. The event, set for May 22 at Trump National Golf Course, includes an exclusive reception and private tour for top holders. Sun’s wallet, linked to crypto exchange HTX, holds over 1.5 million TRUMP tokens worth nearly $20 million, with significant purchases made after the gala announcement. This isn’t Sun’s first involvement with Trump-affiliated crypto projects—he previously invested $30 million in World Liberty Financial’s WLFI tokens. The gala has faced ethical scrutiny, with Democrats raising concerns over potential ‘pay-to-play’ corruption, while Sun remains undeterred, recently appearing alongside Eric Trump at Token2049 in Dubai.
about Justin Sun Tops TRUMP Meme Coin Leaderboard, Attends GalaHTX
0 in Finance and 0 in Crypto last weekSonic vs. Fantom: Key Innovations for DeFi Enthusiasts
Sonic emerges as Fantom’s upgraded blockchain, addressing storage bloat and slow execution tied to Ethereum’s EVM. Unlike Fantom, which pioneered DAG-based fast transactions, Sonic introduces a fully independent network with optimized performance. The HTX report highlights its revamped tokenomics and DeFi-focused enhancements, positioning it as a compelling alternative for developers and users. Download the full analysis to explore Sonic’s technical and economic advantages over Fantom.
about Sonic vs. Fantom: Key Innovations for DeFi EnthusiastsDogecoin Futures Surge Despite Price Dip: Traders Stay Bullish
Dogecoin’s futures market is heating up even as its price retreats from recent highs, with open interest jumping from $990M to $1.62B this week. This divergence suggests traders remain bullish, supported by positive funding rates indicating predominantly long positions. Key support at $0.22 is now in focus – holding this level could propel DOGE toward $0.27, while a breakdown may trigger liquidations. The simultaneous rise in futures activity and price softness creates a tense setup, with volatility expected to continue as traders watch weekly closes for directional clues. Glassnode data highlights this unusual decoupling between fading price momentum and persistent speculative bets.
about Dogecoin Futures Surge Despite Price Dip: Traders Stay BullishTrump Meme Coin VIPs Held $4.8M in TRUMP Tokens
The top holders of the TRUMP meme coin, who qualified for a private dinner with Donald Trump, held an average of $4.78 million worth of tokens. The competition used a time-weighted average of holdings between April 23 and May 12, with the top 25 VIPs gaining exclusive access. The largest holder, speculated to be Tron founder Justin Sun, held $19 million in TRUMP tokens. Meanwhile, some participants sold their holdings before the snapshot but still qualified due to the scoring method. The token’s price has dropped nearly 8% post-competition, but a new NFT rewards program aims to incentivize holders. Critics, including watchdog group Accountable.US, have labeled the scheme as potentially corrupt. Attendees must pass background checks, and Trump’s presence isn’t guaranteed—if canceled, they’ll receive a limited-edition NFT instead.
about Trump Meme Coin VIPs Held $4.8M in TRUMP TokensPi Coin Surges 17% Ahead of Key Network Announcement
Pi Coin’s price has jumped 17% to $0.7463 amid speculation surrounding the Pi Network’s upcoming May 14 announcement, coinciding with the Consensus conference. Key factors driving the rally include rumors of potential listings on major exchanges like Binance, HTX, and Upbit, as well as the possible launch of a development fund to boost ecosystem growth. On-chain data shows 84.8 million PI tokens transferred, further fueling market excitement. Technical indicators suggest bullish momentum, with strong support at $0.5645 and a 171.78% surge in trading volume. Analysts are closely watching Bollinger Bands for signs of a breakout, while the Pi Core Team’s industry engagements hint at potential partnerships. If resistance levels are breached, PI could soon test the $1 mark.
about Pi Coin Surges 17% Ahead of Key Network AnnouncementJustin Sun’s $6M Space Trip with HTX Giveaway
HTX (formerly Huobi) is running a $6 million giveaway for a chance to join Justin Sun on a Blue Origin spaceflight in July 2025. The exchange will narrow down a 12-person shortlist from previous winners and new finalists, with one person ultimately selected. Sun originally won a $28 million auction for the trip in 2021, but delays—possibly due to scheduling—have prolonged the publicity. The announcement follows renewed interest in space tourism after Blue Origin’s recent NS-31 mission carried celebrities like Katy Perry. The campaign underscores the crypto industry’s flair for high-profile marketing stunts.
about Justin Sun's $6M Space Trip with HTX GiveawayWLFI’s USD1 Stablecoin Airdrop Vote Nears Approval
World Liberty Financial (WLFI), a DeFi project partially owned by the Trump family, is conducting a community vote to approve an airdrop of its USD1 stablecoin. The proposal has near-unanimous support, with 99.98% of voters backing it. The airdrop serves to test WLFI’s infrastructure, engage early supporters, and increase awareness before USD1’s public launch. Despite the vote’s outcome, WLFI retains discretion to modify or cancel the airdrop. USD1, already among the top five stablecoins by market cap ($2B+), is backed by dollar reserves and Treasury securities. It has gained traction on exchanges like HTX and is being used by Abu Dhabi’s MGX for a $2B Binance investment settlement.
about WLFI's USD1 Stablecoin Airdrop Vote Nears ApprovalOKX Denies Freezing Funds After Tron X Hack
OKX founder and CEO Star Xu has publicly stated that the crypto exchange did not receive any official law enforcement requests to freeze funds after Tron’s X account was compromised. Xu responded to accusations from Tron founder Justin Sun, clarifying that OKX cannot freeze customer funds based on social media posts or informal communications. The exchange confirmed that its legal team found no such requests in official channels, including spam folders. Xu highlighted OKX’s adherence to legal consumer protection policies, stressing the need for formal procedures in such cases.
about OKX Denies Freezing Funds After Tron X HackCrypto Surge: TRX, PEOPLE, MELANIA Tokens Rally on Trump Hype
The crypto market is witnessing a notable rally, with TRON (TRX), ConstitutionDAO’s PEOPLE, and the Official Melania Meme (MELANIA) leading the charge. Speculation around Justin Sun’s potential involvement with the TRUMP token has boosted TRX, while PEOPLE has surged 35% amid renewed interest in political tokens. MELANIA, riding the wave of Trump-related hype, has climbed 29%. The upcoming Gala Dinner, honoring top TRUMP token holders, has intensified market activity, with traders eyeing key resistance levels for further gains. This confluence of crypto and politics is creating unique opportunities for investors.
about Crypto Surge: TRX, PEOPLE, MELANIA Tokens Rally on Trump HypeBitcoin Surge Wipes Out $652M in Shorts
On April 23, Bitcoin’s price surge above $93,000 led to a $652.84 million liquidation event, with 172,948 traders affected. Shorts bore the brunt, accounting for 94.8% of liquidations, particularly on exchanges like Bybit ($163.92M), HTX ($50.87M), and Gate.io ($44M). The rally followed a 15% jump in Bitcoin’s open interest ($58.46B to $67.28B) and was driven by macro catalysts, including IMF warnings on inflation and US-China trade optimism. Analysts noted Bitcoin’s undervaluation amid systemic risks, attracting leveraged longs. However, high funding rates now risk a long-side shakeout if momentum stalls.
about Bitcoin Surge Wipes Out $652M in ShortsPi Network Price Forecast: Can It Hit $5?
Pi Network’s price is under the spotlight as analysts predict a potential surge to $5, driven by whale activity and bullish technical setups. Over 41 million Pi Coins were withdrawn from exchanges in 48 hours, signaling long-term holding intentions. While some experts highlight strong support at $0.60, others urge caution, emphasizing the need for confirmation of a symmetrical triangle pattern before further upside. Exchange listings, including speculation around HTX and Binance, could further boost Pi’s visibility and price. Currently trading at $0.63, Pi faces bearish sentiment but could see a 228% rise to $2.08 by May 2025, according to prediction models.
about Pi Network Price Forecast: Can It Hit $5?Tether Mints $1B USDT on TRON as Bitcoin Hits $87K
Tether has issued another $1 billion in USDT on the TRON blockchain, raising its total supply on the network to $10 billion in 2024 alone. This expansion aligns with rising stablecoin demand, often used for trading, hedging, or bypassing traditional banking delays. The minting followed Bitcoin’s climb above $87,000, suggesting increased market activity. Tether’s CEO clarified that the new tokens are ‘authorized but not issued,’ held in inventory for future liquidity needs. Blockchain data shows transfers to exchanges like Binance and Bybit, hinting at imminent deployment. Tether’s total supply now stands at $144 billion, with Ethereum and TRON hosting most of the circulating USDT.
about Tether Mints $1B USDT on TRON as Bitcoin Hits $87K