Donald Trump is poised to fulfill the United States’ cryptocurrency and artificial intelligence ambitions 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 cryptocurrencies in the US?
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, our energy, our technology, our cryptocurrency, bet on a deregulated country that 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, on cryptocurrencies – bet on the greatest nation on Earth – a nation that has been freed from its shackles and now has limitless potential! no…
-Eric Trump (@EricTrump) January 21, 2025
His comments generated great enthusiasm among commercial investors, especially in the cryptocurrency industry. For many years, restrictive regulations in the United States have prompted many companies to move to crypto-friendly hubs such as Dubai and Singapore. Eric Trump’s statement points to a more business-friendly environment under the new administration.
Criticizing the previous Democratic administration Eric He addedHe added: “The mess that Biden left behind will be corrected, and the next four years will be great.” Transformative wealth will be created, and I hope everyone enjoys the ride.
It is worth noting that President Trump’s first interview since taking office is scheduled to be broadcast on Thursday. The pre-recorded segment will air at 9pm ET on Wednesday (10am Thursday Beijing time).
$TRUMP and $MELANIA, edited by Ross Ulbricht
On his first day in office, President Trump appears to have sprung into action. While addressing the media, he briefly acknowledged the success of his meme coin, $TRUMP, stating that he didn’t know much about it, but had heard it was doing well. He also alluded to upcoming projects in the artificial intelligence sector, stressing innovation as a main priority.
In one of his first moves, Trump pardoned Silk Road founder Ross Ulbricht, a decision that sparked excitement among the cryptocurrency industry and free speech advocates.
The Trump family’s cryptocurrency projects have already caused a stir. $TRUMP token currently exists value At $43.13 after a 34% rise, the market cap reached $8.61 billion just four days after launch.
Meanwhile, the price of First Lady Melania Trump’s cryptocurrency, $MELANIA, was set at $4.21 after a 24% increase. It now has a market capitalization of $795.98 million.
Read also: Coinbase CEO: Trump is excited about the Bitcoin Strategic Reserve
