The son of United States President Donald Trump Eric Trump was taken to X on Monday to Gloat while Ether exceeded $ 3,800 in the middle of a month rally.
“How am I now @Tedpillows?” Trump write On Monday, responding to a three -month -old X post from Ted Pillows, a Crypto exchange partner OKX playing Trump in April after the ETH price fell in February and March.
“Up 35% in 5 months, Pal. Embrace volatility,” he said Another user who also played with him in the ether market earlier this year.
“If you are smart you also buy the dips (as I said to do).”
Eric Trump has a point
If an investor buys eth when Trump announced His support for the coin, they were sitting on an unstoppable income of approximately 30%, as ETH is currently trading at $ 3,732, from around $ 2,877 in February. 4, According to This coingecko.
However, both investors will also see a loss of paper if they do so, as ETH fell almost 49% within four weeks after Trump’s post. Ether is currently trading 12% year-to-date.
On Sunday, analyst Gert Van Lagen pointed out a remarkable resemblance between the current ETH structure and the structure of the Dow Jones (DJIA) from 1980.
Lagen foretold that ETH could hit $ 8,000 in early 2026 As it enters the final phase of the long -term bullish pattern.
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The Trump’s family straps
President Trump and his family are related to many crypto -related adventures that have been reported to have resulted in his personal fortune The increase of at least $ 620 million within a few months.
On Monday, the Trump Media and Technology Group, the company owned by Trump’s Truth Social Platform, announced it to hold it $ 2 billion worth of bitcoin and security associated with bitcoin. The company raised $ 2.5 billion as part of its Bitcoin approach, and intends to make additional purchases depending on market conditions.
Trump’s children Donald Trump Jr and Eric Trump, are among the founders of American Bitcoin, who Raised $ 220 million from institutional investors To buy Bitcoin for its Treasury reserve and buy Bitcoin mining equipment, and all three of Trump’s children are Co-Founders of the World Liberty Financial, with Trump himself co-founder emeritus.
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