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Eric Trump Boasts of Billion Dollar Crypto Empire, Community Reminds Him of ‘Rugpulls’

Published 24 March 2026
Prashant Jha
Authors
Edited by Ryan James

Key Takeaways

  • Eric Trump proudly claims the family built a billion-dollar crypto empire through tokens, mining, and DeFi ventures.
  • The crypto community quickly reminds him of past hype posts and volatile Trump-linked projects that left many holders burned.
  • Trump-affiliated tokens like MAGA and WLFI delivered huge early gains for insiders but saw massive drawdowns for later buyers.

Eric Trump is making headlines again with bold claims about the Trump family’s crypto success and the mammoth profits they have generated over the past year.

Eric positioned the Trump-affiliated projects as major players who turned political momentum into a booming digital-asset empire.

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Eric Trump Boasts of Billion-Dollar Profits

In a fresh clip that went viral on X on Mar. 24, the president’s son declared the family has pocketed over $1 billion in crypto profits.

The comments came amid ongoing buzz around American Bitcoin, the BTC mining company Eric co-founded with his brother Donald Trump Jr.

Eric is serving as chief strategy officer and has repeatedly called Bitcoin a long-term bet.

He’s shrugged off market dips, advising investors that volatility is the price of admission to future gains and that “the whole world is adopting crypto in a very big, fast manner.”

“Well, we started the three most successful Crypto projects, probably in history. We started with a memecoin, TRUMP coin, for a period of time I think it was above the market cap of Ethereum, it was pretty amazing it went parabolic.”

At a time when major Bitcoin mining firms are pivoting to AI data centers to increase profitability, American Bitcoin aims to keep its focus on Bitcoin only.

Data indicates that the Trump Organization’s crypto income is exploding, from roughly $51 million to over $864 million in the first half of 2025 alone, with the bulk tied to token sales and related ventures. 

Eric has credited the shift to banks “canceling” the family, forcing them to pivot to crypto and create new opportunities. 

The family now holds stakes in public Bitcoin companies, a growing BTC treasury, and projects like World Liberty Financial.

On paper, crypto has added billions to the Trump fortune, making it a key pillar alongside real estate.

Community Says Eric Trump is Bragging

The crypto community, especially on X, was not very pleased with Eric Trump’s comments. Crypto Twitter quickly reminded Eric of earlier hype cycles that left a sour taste. 

Users dug up screenshots and old posts, pointing out times when promotional tweets about family projects seemed to vanish during price drops. 

In February, for instance, rumors swirled that Eric had deleted tweets hyping World Liberty Financial’s USD1 stablecoin after it briefly depegged. 

The community also brought up past “rugpull” accusations. A 2025 meme coin named after Eric Trump skyrocketed 6,200% in a day before crashing to near zero, a classic exit-scam pattern that experts flagged early. 

While not directly tied to the family, it fueled skepticism about anything Trump-branded in crypto.

Older posts from Eric hyping bull runs or new launches resurfaced, with users noting that some projects pumped on family-name recognition only to dump hard once early insiders sold.

Critics argue the pattern looks familiar: massive early gains for connected players, followed by volatility that burns retail holders. 

One viral reply summed it up: “Eric Trump making $1B in crypto while his father sets crypto policy isn’t proof of concept — it’s the exact insider dynamic that destroyed retail confidence.” 

Even some Trump supporters in crypto expressed caution, saying the family’s success story feels more like smart timing than pure innovation

Trump-Affiliated Tokens and Their Fate

The Trump family has launched several tokens, with mixed results for investors. The Official TRUMP (MAGA) memecoin launched with huge fanfare in early 2025, right before the inauguration.

It hit multi-billion-dollar valuations in hours, fueled by hype and Solana momentum. Early buyers saw insane gains, but those who bought near the peak are down roughly 92% from all-time highs. 

Melania Trump’s own memecoin followed a similar path: massive opening pump followed by a 99%+ crash for late buyers.

World Liberty Financial (WLFI) and its USD1 stablecoin were pitched as serious DeFi infrastructure.

The family secured early allocations and sold tokens aggressively, contributing hundreds of millions to reported profits.

WLFI’s token price tanked 18% on launch day and has stayed volatile, while USD1 briefly lost its peg in early 2026 amid market stress. 

Still, the project hit $5 billion in circulation at one point, largely thanks to Binance liquidity. The family cashed out big on sales, but retail participants faced heavy drawdowns.

Then there’s American Bitcoin (ABTC) stock. The mining firm went public with fanfare and briefly reached a market cap of $8.5 billion.

Eric’s stake was once worth serious money, but shares dropped by more than 80% from their peaks by early 2026 after a $1 billion valuation in December 2025. 

The company still mines BTC and holds a growing treasury, yet it’s a reminder that even “real” crypto businesses tied to the Trumps aren’t immune to macro forces and sector corrections.

The Trump-affiliated tokens delivered early windfalls for insiders through sales and allocations.

For everyone else, the story has been classic crypto volatility, huge hype, sharp dumps, and plenty of “what if I’d sold at the top” regrets.

Prashant Jha

Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.

His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.

Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.

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