Justin Sun, the global advisor of Huobi HTX, participated in the open mic event of Huobi HTX's X Space, which had the theme of "Interpreting the Surging Value of Trump Meme". Justin Sun provided a detailed analysis of the official Meme coin TRUMP issued by the US President-elect Trump today. Justin Sun stated that Trump's issuance of a coin signifies that crypto regulation, especially in the US, will become more friendly, and future law enforcement actions against the crypto industry will be unlikely. The US may also potentially adopt Bitcoin as a strategic reserve asset. This event will intensify competition in the crypto industry, and it is possible that Facebook, Apple, and others may start their own exchanges in the future, leading to increasing competitive pressure. In November 2024, Justin Sun invested $30 million in the crypto project World Liberty Financial (WLFI) of the Trump family, becoming the largest investor of the project. Justin Sun stated: "We have reached a cooperation with Trump, and WLFI will also be issued on the TRON blockchain, and it will be announced that TRX will be used as a reserve asset, and Huobi HTX will be the first to list it."