Justin Sun: Trump Coin Announcement Indicates Crypto Regulation Will Be More Friendly, Has Reached Cooperation with Trump

BlockBeats News, January 18, HTX held an X Space Open Mic event with the theme "Trump Meme Explosive Value Analysis." HTX's global advisor Justin Sun participated in the event and provided a detailed analysis of the official Meme coin TRUMP issued today by the incoming U.S. President Trump.

Justin Sun stated, "Trump's issuance of a coin signifies crypto regulation, especially in the U.S., becoming more friendly. Subsequent enforcement actions against the crypto industry will be impossible, and the U.S. could very well consider Bitcoin as a strategic reserve asset. At the same time, this event will intensify competition in the crypto industry, and it is not ruled out that in the future, Facebook and Apple will also start trading platforms. The future competitive pressure will only increase."

In November 2024, Justin Sun invested $30 million in the Trump family's cryptocurrency project, World Liberty Financial (WLFI), becoming the project's largest investor. Justin Sun commented on this, saying, "We have reached a cooperation agreement with Trump, WLFI will also be issued on the TRON blockchain, and will announce TRX as a reserve asset, with HTX also launching the first time."