Eric Trump’s Ethereum Call Pays Off as ETH Gains 30% Since February
Five months after Eric Trump encouraged investors to buy Ethereum, those who followed his advice are now seeing significant returns. Despite a market downturn earlier this year, ETH has climbed roughly 30% since his February 4 post, rewarding early buyers.
The surge comes amid broader optimism in the crypto market, with Ethereum benefiting from network upgrades and growing institutional interest. While prices dipped in the months following Trump’s post, the asset has since recovered, outperforming many expectations.
Ethereum’s resilience highlights its staying power as a leading blockchain platform. Analysts point to its upcoming developments, including scalability improvements, as key drivers of its long-term value. For investors who bought in early, the gains validate their decision—though market volatility remains a constant factor.
The broader crypto market has seen mixed performance in 2023, but Ethereum’s rebound suggests strong confidence among traders. Whether the momentum continues will depend on macroeconomic trends and Ethereum’s ability to deliver on its technological promises. For now, those who heeded Trump’s advice have reason to celebrate.