Trump Expresses Strong Support for Crypto, Cites 400% NFT Gain, Criticizes SEC

Sep 17, 2024, 12:41 AM

Former President Donald Trump has expressed strong support for cryptocurrencies, particularly NFTs (non-fungible tokens), during a live session on X Spaces. Trump revealed that his perspective on cryptocurrencies changed significantly due to the popularity and success of his NFT collections, which saw a 400% gain. He noted that NFTs were a key factor in his newfound appreciation for the crypto market, which he described as 'a very powerful market' with significant potential. Trump also mentioned that his sons and trusted advisors played a role in his shift towards a more favorable view of crypto. He highlighted that his NFT launches exceeded expectations, with multiple successful releases. Additionally, Trump commented on the enthusiasm of the younger generation, including his son Barron, who has four crypto wallets and is knowledgeable about crypto. Trump also criticized the SEC for being hostile towards crypto.