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According to breaking news, Donald Trump's son Eric Trump, who is familiar with cryptocurrencies, denied any connection with Tron ($TRX), which he is alleged to be managing during the IPO process.
However, Eric Trump stated in his message on social media platform X that he is still a Justin Sun fan:
“I am the biggest fan of Tron and I love Justin Sun, he is a great friend and one of the icons of the crypto world. However, the information spread is not true, I do not hold any official position in this company.”
Following Eric Trump’s claim, there was an approximately 5% increase in the $TRX price. After Eric Trump denied the claims, a sudden, more minimal 1% decline was observed.
Chart showing the rise and partial fall in $TRX price.
*This is not investment advice.