Trump Sons Hints at Major Crypto Announcement Around DeFi

Trump Sons Hint at a Major Crypto Announcement Around DeFi

The crypto world is speculating about possible developments regarding Donald Trump’s sons following mysterious posts made on X.

“We’re about to shake up the crypto world with something BIG,” Donald Trump Jr. said, hinting at a major development. “Decentralized finance is the future; don’t get left behind.”

Prior to this, Eric Trump tweeted his newfound enthusiasm for cryptocurrencies and DeFi (a term used for decentralized finance applications).

Eric, who serves as vice president of the Trump Organization, tagged several profiles related to his father and brother, suggesting a coordinated effort, leading many to speculate about a broader Trump family venture involving cryptocurrencies.

The idea that former President Donald Trump would be involved isn’t so far-fetched, especially considering the price surge in NFT collectibles following an incident last month.

But the crypto community reacted skeptically. Casa Hodl co-founder Jameson Lopp sarcastically advised Eric Trump to stay away from any crypto ventures until regulatory hurdles become more apparent. Meanwhile, PointsVille founder Gabor Gurbacs urged Donald Jr. to focus on Bitcoin.

These public statements come amid a shift in Donald Trump’s own stance on cryptocurrency. The once-critic is now a vocal supporter, even suggesting that the US could solve its $35 trillion debt with Bitcoin. He recently pledged to create a “strategic Bitcoin reserve” for the United States.