Eric Trump Finally Pumps $BTC After Standard Chartered Makes Bold Bitcoin Prediction

Eric took to X late Tuesday to comment on Bitcoin's price dip below $100,000. "Feels like a great time to enter #BTC," he wrote

Eric Trump, son of former U.S. President Donald Trump, commented on Bitcoin's recent price dip below $100,000 late Tuesday.

"Feels like a great time to enter #BTC," he wrote on X, also tagging the X handle of decentralized finance (DeFi) project World Liberty Financial Inc (OTC: WLFI).

Many Bitcoin maximalists and Bitcoiners took to the comments section to agree with the presidential son.

As of early Wednesday, he was trending on X thanks to the massive engagement on his post.

Bitcoiners Agree With Eric

"No more s****coin promoting now, right?" said Bitcoin Podcast host Walker, likely referring to Eric's previous promotion of Ethereum.

The second-largest cryptocurrency by market cap is often derided by maximalists, who believe Trump should only be shilling Bitcoin, being the prime crypto asset.

"Bitcoin isn't just an exit, it's also an entrance," wrote another user, referencing Saylor's recent comments on Bitcoin being the only way into crypto.

"Feels like entering no ₿etter time to me," said another user, adding a rocket emoji and puns related to Bitcoin.

World Liberty Financial Inc XTI: WLFI Crypto Holdings

World Liberty Financial has a large and diverse trove of crypto holdings, at least according to a wallet linked to the DeFi project by leading blockchain analytics firm Arkham Intelligence.

As of early Thursday, the WLFI-linked wallet holds over $15 million in the USDC stablecoin. It also has $9.25 million in TRON (TRX), $5.2 million in Lido Staked Ether (STETH), and some $968,000 worth of ETH after it moved millions in Ethereum earlier this week.

Notably, the wallet doesn't hold Bitcoin, but with Eric's WLFI tag on his post, there is speculation that the project may soon acquire BTC to add to its $34.6 million crypto treasury.

Standard Chartered Makes Bold Bitcoin Price Prediction For 2028

Eric's post also comes after Standard Chartered projected earlier Wednesday that Bitcoin will hit $500,000 in 2028, before Trump leaves the White House. The digital coin's price was at $68,800 before Trump secured the 2024 presidential elections.

It is currently trading in the $98,000 highs, representing a 43% spike from its price before Trump won in November.

According to Standard Chartered, increased investor access to Bitcoin through the approval of spot BTC exchange-traded funds (ETFs) will only open more room for growth around BTC's price.

Standard Chartered Global Head of Digital Assets Research Geoff Kendrick also noted how the U.S. regulatory environment has changed drastically in recent weeks. He said the Staff Accounting Bulletin 121 getting rescinded was a huge step toward the development of the crypto industry.

He said the president's executive order on digital assets "could encourage other central banks to consider Bitcoin investments," which, in turn, could pump BTC prices higher.