Particle.news

Download on the App Store

Eric Trump Touts $1 Million Bitcoin at Hong Kong Event as Family Crypto Projects Move Toward Trading

His case centers on fixed supply meeting institutional demand.

Overview

  • Speaking at Bitcoin Asia on Aug. 29, Eric Trump predicted Bitcoin will reach $1 million within the next several years.
  • He urged a buy-and-hold approach for retail investors, saying to purchase now, ignore short‑term swings, and hold for five years.
  • He promoted American Bitcoin, which he said produces about 3% of global output and is preparing to list on Nasdaq in September.
  • World Liberty Financial said its WLFI token will become tradable on Sept. 1, with decentralized futures pricing implying roughly a $40 billion fully diluted value, according to Forbes.
  • Reports noted Bitcoin’s recent record near $124,000 on Aug. 14 and prices around $108,000–$110,000 during coverage, while cautioning that some anecdotes and figures he cited remain unverified.