But the latest surge in attention came not from a policy announcement — it came from a false rumor.
A post on X recently suggested that Eric Trump had forecast Ethereum would soar to $8,000 within 38 days. The claim quickly circulated across crypto circles, eventually prompting him to step in.
Eric dismissed the prediction outright and publicly told the account involved to stop circulating fabricated statements. He added that he would welcome Ethereum reaching that level, but stressed that he never made that call.
His message was blunt: the price target did not come from him, and spreading false statements does not help the market.
Eric Trump’s comments — real or fake — tend to attract attention because he has openly aligned himself with the digital-asset industry.
He is not only involved in crypto commentary online but also serves as a director at American Bitcoin, a U.S.-based BTC mining company. He has also previously stated that he views Ethereum as undervalued, which is one reason the fake quote spread so easily.
In earlier interviews, he acknowledged holding multiple cryptocurrencies in his personal portfolio, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).
The Biden–Trump contrast on crypto regulation has made the topic politically charged. President Donald Trump has repeatedly endorsed Bitcoin and digital-asset ownership, and his sons have followed suit in public messaging. The ongoing public support from the family has led markets to watch their statements more closely — which is why misquotes like this spread so rapidly.
Eric’s clarification suggests he is aware of how quickly comments can move markets and has little interest in being associated with inaccurate market forecasts.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
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