The cryptocurrency world is speculating about possible developments in Donald Trump’s sons after cryptic posts on X.
Donald Trump Jr. hinted at a major development, saying, “We are about to shake up the crypto world with something HUGE. Decentralized finance is the future, don’t get left behind.”
This was preceded by Eric Trump’s tweet expressing his newfound enthusiasm for crypto and DeFi, a term for decentralized financial applications.
Eric, who is executive vice president of the Trump Organization, tagged several profiles linked to his father and brother, suggesting a coordinated effort. This led many to speculate about a broader Trump family initiative involving cryptocurrencies.
The idea of former President Donald Trump’s involvement isn’t far-fetched, especially considering his previous ventures with NFT collections, whose prices skyrocketed after an incident last month.
However, the crypto community has reacted with skepticism. Jameson Lopp, co-founder of Casa Hodl, ironically advised Eric Trump to wait until legal hurdles are cleared before getting into the cryptocurrency sector. Meanwhile, Gabor Gurbacs, founder of PointsVille, urged Donald Jr. to focus on Bitcoin.
These public statements come as Donald Trump himself has changed his stance on cryptocurrencies. Once a critic, he is now a vocal supporter of the cryptocurrency, even proposing that the United States could tackle its $35 trillion debt with bitcoin. He recently promised to create a “strategic reserve of bitcoin” for the United States.
