
SUI Gains Traction After Eric Trump Includes It in His Portfolio

- Eric Trump has revealed that he owns SUI and other popular cryptocurrencies.
- Many cryptocurrency industry members were astonished to learn that Trump owned SUI.
- The pro-crypto personality slammed the SEC for mismanaging cryptocurrency regulation.
Eric Trump, the pro-crypto son of the next US President, has stated that SUI is one of the cryptocurrencies he owns. In a recent interview, Eric noted that his portfolio includes four cryptocurrencies: Bitcoin, Ethereum, Solana, and SUI. While the other three cryptocurrencies are more well-known, Eric's purchase of SUI startled many in the crypto industry.
Meanwhile, Eric, the Trump Organization's vice president, discussed plans to collaborate with his father to make America a global hub for cryptocurrency. Given his long-standing favourable opinion toward the pioneer cryptocurrency, most crypto community members were not surprised by his Bitcoin ownership.
Eric's enthusiasm for Bitcoin is evident in his bold prediction at the Bitcoin MENA Conference in Abu Dhabi last year that Bitcoin's price will reach $1 million. This opinion is consistent with the pro-Bitcoin stance of his father, the future President, who intends to build a national Bitcoin reserve to strengthen America's position in the cryptocurrency market.
Criticism Grows Over SEC's Approach to Crypto Regulation
Aside from reporting his crypto assets, Eric Trump denounced the SEC's actions under Gary Gensler, claiming that the Commission waged a "holy war" against the cryptocurrency sector with President Joe Biden's assistance. Many cryptocurrency advocates agree with Eric's assessment of the SEC and Gensler, with US Congressman Michael John Flood recently stating that the SEC, under Gensler, implemented weak crypto regulation that slowed the nation's technological advancement by 20 years.
Despite his criticism of the SEC and the setback in the crypto business, Eric is optimistic about his father's capacity to revamp the crypto industry and put America on the proper technological path. The vice president of the Trump business stated that his father would make atonement and repair the damage caused by the outgoing administration to the cryptocurrency industry. Eric noted that his father intends to make America the crypto capital of the world through a transparent approach.