Eric Trump took to his official X account today to distance himself from a viral projection suggesting that Ethereum could reach $8,000. In his statement, he labeled the rumors circulating on social media as false and unfounded. “Stop this fake news BS…. Would love to see it, but I never said this,” Trump wrote.
The confusion stemmed from a post that attributed this bullish estimate to the son of the former U.S. president, sparking a wave of speculation among traders and followers. This misinformation briefly ignited conversations about the price of the digital asset. However, Trump was quick to clarify that he had not made any recent comments regarding investments and cautioned against making financial decisions based on such misleading claims.
By addressing the misconception, Trump aims to dispel the uncertainty that can arise in the crypto community, especially when it comes to speculative projections that may influence investment strategies. He reiterated that he has no direct involvement in movements related to Ethereum or any financial guidance concerning the cryptocurrency.
Market analysts and observers are emphasizing the necessity of verifying the authenticity of sources before sharing information that can rapidly go viral. As the official statement from Trump gains traction, the conversation around the erroneous forecast is likely to diminish, allowing investors to refocus on concrete market data.
In conclusion, the incident highlights the impact that unverified claims can have in the volatile world of cryptocurrencies. Investors are reminded to consult reliable sources and conduct thorough research before acting on speculative news.
