- Eric Trump has revealed that his crypto portfolio consists of Bitcoin, Ethereum, Solana, and SUI.
- Ben Armstrong predicts a market rally, citing Eric Trump’s funding in SUI as the principle catalyst.
- President Trump’s household’s growing involvement in cryptocurrencies is constant along with his imaginative and prescient of creating the US a world chief in digital property.
A cryptocurrency analyst predicted that the SUI market would rise considerably following Eric Trump’s inclusion of SUI in his cryptocurrency portfolio.
In a latest interview, President-elect Donald Trump’s son Eric Trump revealed particulars about his crypto portfolio. He revealed that he holds Bitcoin, Ethereum, Solana, and SUI, a transfer that brought about pleasure all through the cryptocurrency neighborhood.
Amongst them, SUI stands out, with analysts saying it might be a key driver of the following market rally.
SUI value evaluation and market place
Notably, SUI is the thirteenth largest crypto asset in the marketplace, with a market capitalization of over $14 billion. The token was one of many best-performing crypto property in 2024, topping a number of peaks alongside Bitcoin.
In the meantime, for the reason that starting of 2025, the SUI bull has not but woken up. The token has fallen 2% prior to now day and 6% prior to now week.
Additionally learn: SUI positive factors momentum with Eric Trump’s portfolio
Nonetheless, crypto analysts recommend that given SUI’s elementary power and the expansion prospects of the Sui community, SUI might nonetheless play a serious function sooner or later market rally.
The Trump household’s cryptocurrency plan
In the meantime, through the interview, Eric Trump talked about his father’s imaginative and prescient for the cryptocurrency business and reaffirmed that Donald Trump goals to make the US the world chief in cryptocurrencies.
He emphasised that his father’s administration will prioritize a transparent regulatory framework for cryptocurrencies, set up a strategic Bitcoin reserve, and pursue tax-free crypto insurance policies.
This imaginative and prescient, coupled with the Trump household’s rising involvement within the area, has generated lots of buzz throughout the cryptocurrency neighborhood, particularly amongst advocates calling for a extra favorable cryptocurrency regulatory setting in the US.
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