- Eric Trump doubled down on his $1 million Bitcoin Price target and declared crypto is “on the one-yard line.”
- Donald Trump Jr. claimed the World Liberty Financial stablecoin USD1 is bringing “trillions of dollars” into the U.S.
- WLFI announced partnerships with Apex Group and others to expand USD1’s use and tokenize real-world assets.
- Retail sentiment on Stocktwits for Bitcoin turned bearish, while chatter around WLFI’s token hit ‘extremely high’ levels.
- Analysts reportedly predicted USD1 could challenge Tether and USDC by 2028, citing institutional support.
At the World Liberty Forum in Florida on Thursday, Eric Trump of World Liberty Financial told CNBC the cryptocurrency industry is poised for explosive growth, stating “the best is yet to come.” He reiterated his prediction that Bitcoin will reach $1 million, claiming he’s never been more bullish. However, Bitcoin’s price struggled near $67,000, with retail sentiment on Stocktwits trending in bearish territory.
Consequently, Donald Trump Jr. proclaimed the USD1 stablecoin is the fastest-growing in U.S. history. He argued the asset is bringing trillions of dollars into the economy, as reported. Their comments followed announcements of two major partnerships focused on real-world asset tokenization.
Meanwhile, WLFI is partnering with Apex Group to pilot USD1 for institutional tokenized fund transactions. The company also plans to tokenize revenue interests in the Trump International Hotel & Resort in the Maldives. These moves aim to significantly expand USD1’s utility and integration into traditional finance.
Retail chatter on Stocktwits for the WLFI token surged to ‘extremely high’ levels, though its price remains down nearly 65% from its peak. Analysts at Blockstreet reportedly predict USD1 could challenge dominant stablecoins by 2028. They cited administration support and institutional interest as key drivers for this potential shift.
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