Eric Trump, son of former US President Donald Trump and director of the Bitcoin mining company American Bitcoin, has publicly refuted false social media claims that he predicted Ethereum (ETH) would reach $8,000 within 38 days. The rumor originated from a post by the account 'cryptogoos' on X (formerly Twitter), which quickly gained traction across crypto forums.
In a direct response on the platform, Eric Trump labeled the claim as "fake news nonsense" and clarified, "Stop spreading this fake news. Of course I would love for that to happen, but I never said that." He emphasized that while he holds a positive outlook on Ethereum and has previously stated it is undervalued, he did not make any specific price prediction. Eric Trump has also disclosed investments in cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI), but this incident underscores the risks of misinformation in the crypto community.