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Eric Trump Denies Managing Tron During IPO, Stays a Fan

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by Giorgi Kostiuk

7 hours ago

Eric Trump, son of Donald Trump, denied rumors of his connection with cryptocurrency Tron amidst the company's IPO.

Eric Trump's Denial

Eric Trump posted a message on platform X, denying his association with Tron (TRX), which was alleged that he would manage during the IPO.

Support for Justin Sun

Despite the denial, Trump expressed his support for Tron’s founder Justin Sun, stating that he is a big fan. He said: “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.”

Market Reaction

After Eric Trump’s supportive statement, the TRX price increased by about 5%. However, following his denial, a minor decline of 1% was observed.

Eric Trump's statement highlights his unofficial interest in Tron and support for Justin Sun despite not holding an official status in the company.

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