Donald Trump is poised to fulfill the United States’ ambitions in crypto and artificial intelligence as the 47th President, and many including Eric Trump believe this is an opportunity to invest in the country.
Eric Trump: Best time to invest in US, Crypto?
Eric Trump, President Trump’s second son, posted on X, “In my opinion, now is the best time to invest in the United States. Bet on our markets, energy, technology, and cryptocurrency—bet on a country that has broken free from constraints and now has unlimited potential.”
In my opinion, there has never been a better time to invest in the United States. Bet on our markets, on energy, on technology and on crypto – bet on the greatest nation on earth – a nation that has been freed from its constraints and shackles and now has limitless potential! No…
— Eric Trump (@EricTrump) January 21, 2025
His comments have generated significant enthusiasm among business investors, particularly in the crypto industry. For years, restrictive regulatory norms in the U.S. drove many firms to relocate to crypto-friendly hubs like Dubai and Singapore. Eric Trump’s statement signals a more business-friendly environment under the new administration.
Criticizing the previous Democratic administration, Eric added, “The mess left by Biden will be corrected, and the next four years will be great. Transformative wealth will be created, and I hope everyone enjoys the ride.”
Notably, President Trump’s first interview since taking office is set to air Thursday. The pre-recorded segment will broadcast at 9 p.m. ET Wednesday (10 a.m. Thursday, Beijing time).
$TRUMP, $MELANIA and Freeing Ross Ulbricht
On his first day in office, President Trump appears to have hit the road running. While addressing the media, he briefly acknowledged the success of his meme coin, $TRUMP, stating that he doesn’t know much about it, but has heard it’s doing well. He also hinted at forthcoming ventures in the AI sector, emphasizing innovation as a key priority.
In one of his first moves, Trump has pardoned Silk Road founder Ross Ulbricht, a decision sparking excitement among crypto industry and crusaders of freedom of speech.
The Trump family’s cryptocurrency projects are already making waves. The $TRUMP token is currently valued at $43.13 after a 34% surge, with its market cap reaching an impressive $8.61 billion just four days post-launch.
Meanwhile, First Lady Melania Trump’s cryptocurrency, $MELANIA, is quoted at $4.21 following a 24% increase. Its market cap now stands at $795.98 million.
Also Read: Coinbase CEO: Trump Excited About Strategic Bitcoin Reserve
Credit: Source link
