Trump Presents Golden Watch to Tron Founder, Signaling Crypto Ties & Political Influence

Former President Donald Trump recently gifted a $100,000 golden watch to Justin Sun, the founder of TRON, highlighting a growing intersection between crypto and politics. The event, which took place at a gala dinner attended by prominent figures in the cryptocurrency sphere including Jack Lu, has fueled discussions on the future landscape of US crypto regulation. $TRUMP token, a cryptocurrency linked to the TRON ecosystem, saw a 5.5% decrease in value following the gift’s announcement. This unexpected shift in dynamics raises questions about potential political support for blockchain projects like TRON, as Trump expressed confidence in Sun’s achievements during the event.