Eric Trump Celebrates Prediction on Ethereum Gains
Eric Trump recently took to X to celebrate his prediction about Ethereum (ETH), claiming that investors who bought ETH based on his February 4 post are enjoying a 30% unrealized gain, as the price surged past $3,800 amid a month-long rally. He responded to past mockery from Ted Pillows, stating those who bought at his recommendation are now up 35% over five months, despite earlier price dips. Currently, ETH is trading at approximately $3,732, which is a significant increase from $2,877 on the date of his original post. Following his statement, analysis suggested that ETH's current trends may resemble a bullish pattern similar to the Dow Jones from 1980. Trump's family maintains various ties to cryptocurrency ventures, including the Trump Media and Technology Group which reportedly holds Bitcoin as part of its strategy. Trump's sons are involved in cryptocurrency initiatives including American Bitcoin, aimed at acquiring Bitcoin and mining equipment.
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