Eric Trump: bitcoin will grow to $ 1 million

Eric Trump, the son of US President-elect Donald Trump, said that bitcoin could reach a price of $ 1,000,000 per coin. He called the cryptocurrency an important tool to protect against inflation and global economic instability. The executive vice president of the Trump Organization emphasized that bitcoin has every chance of becoming a key financial instrument on a global scale. He compared its potential mass adoption to the spread of e-mail, which has gained the trust of millions of users over 25 years.

According to Trump Jr., the main factor in the value of bitcoin is its limited supply of 21 million BTC. He emphasized that those who will be the first to introduce cryptocurrency into their financial systems will gain significant benefits. Eric Trump drew special attention to the decentralized nature of bitcoin, which allows transactions to be made without intermediaries.

«When bitcoin reaches $ 1,000,000, even more people will pay attention to it. I’m sure it’s inevitable,» he said.

Other well-known crypto enthusiasts, such as Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, founder of MicroStrategy, and Katie Wood, CEO of ARK Invest, support similar predictions.

At the time of writing, bitcoin’s price reached $ 100,656, its market capitalization is $ 1.99 trillion, and daily sales reached $ 79.88 billion.

The Trump family is also actively developing crypto initiatives. Donald Trump made digital assets one of the main points of his 2024 election campaign. Together with his sons, he launched the World Liberty Financial (WLFI) project aimed at combating unequal access to banking services. However, this initiative has received mixed reactions from investors, with some even calling it questionable.