Eric Trump is Here To Save Ethereum Ahead of Crypto Czar Event: Best Meme Coin to Buy?
Eric Trump gave a surprise commitment to Ethereum crypto success ahead of Today’s highly anticipated crypto czar event, what’s the best meme coin to buy?
Eric Trump, the son of US President Donald Trump, has endorsed
PriceVolume in 24hPrice 7d
. “In my opinion, it’s a great time to add ETH,” he posted, igniting headlines and a pump in Ethereum’s price, rising like a phoenix from ashes.
This was a calculated endorsement from someone with a finger on the pulse of both traditional and digital finance.
The Trump family’s involvement in crypto through World Liberty Financial backs Eric Trump’s support for Ethereum. They believe in Ethereum, do you?
Eric Trump’s Commitment to Ethereum’s Success Before the Highly Anticipated Crypto Czar Event and Best Meme Coin to Buy
Eric Trump’s endorsement timing could not be more perfect, especially with bull run ongoing. His support for Ethereum provides a bridge between traditional Wall Street investment and crypto.
A vote of confidence that encourages more institutional money into Ethereum. Consequently, Ethereum trading volumes and its interest jolted, marking the start of a bull run.
Trump’s crypto and AI czar David Sacks, Michael Saylor and Eric Trump. If you’re still shorting, don’t have enough BTC and ETH and are selling your AI coins you deserve poverty. pic.twitter.com/usikQrnSl6
Eric Trump has publicly supported Sacks’s role and the crypto-friendly stance under Trump’s presidency. Furthermore, Eric shared statements by Sacks’s “reign of terror against crypto is over,” signaling a revival for crypto.
Both Eric Trump and the new Crypto Czar have shown their love for crypto. Donald Trump’s son mentioned
PriceVolume in 24hPrice 7d
, and Sacks’s support on web3 will slingshot this cycle to an astonishing bull run
Previously, Ethereum’s first major bull run started in early 2017, with price jumping from around $10 at the beginning of the year to an all-time high of $400 by June. The network’s ability to facilitate smart contracts and decentralized applications (dApps) was revolutionary.
The next significant bull run began in 2020, with Ethereum’s price pumping from around $130 to an unprecedented peak of over $4,700. Ethereum became the bedrock for lending, borrowing, and yield farming platforms. Also, the NFT craze thrives on Ethereum, the primary platform for these digital assets. Ethereum 2.0 promises scalability and energy efficiency through a shift from proof-of-work to proof-of-stake.
As we speak, Ethereum has entered another bull run phase, with Eric Trump’s endorsement adding fuel to the fire and giving breath to ashes to rebirth the phoenix. From a starting point of around $1,200 at a bear market, touching $4000 recently. If history repeats, we could see
PriceVolume in 24hPrice 7d
at $12,000 this cycle.
Furthermore, layer 2 scaling solutions like Base and Arbitrum have significantly reduced transaction fees and increased throughput, making Ethereum more accessible for everyday use.
Major players like BlackRock and CME are showing interest in crypto, and institutional money is flowing into the ecosystem with these.
The transition to Ethereum 2.0, with its proof-of-stake consensus mechanism is reducing energy consumption, laying the groundwork for a more scalable, secure, and versatile blockchain. With sharding, Ethereum is on track to handle thousands of transactions per second.
The high gas fees that once plagued the network are being addressed, making Ethereum viable for microtransactions and consumer adoption.
Eric Trump’s support is a statement of believe in Ethereum’s role as the future of Web3, gaming, finance and anything digitals.
Meme Coins Will Run: Wall Street Pepe (WEPE) is Our Pick
Donald Trump launched a meme coin called TRUMP weeks ago, which has reached a market cap of $16 billion, a scene on how the Trump family supports meme coins. Similarly, David Sacks has endorsed a meme coin under his name, SACKS, once again showing us how meme coins and regulators collaborate.
All of the above involvements of the Trump family and David Sacks as Crypto Czar blend the political influence with the community’s love for meme coins.
Following this meme coins trend, Wall Street Pepe (WEPE) brilliantly combined meme culture with financial strategy to raise over $68 million in presale.
WEPE promises its holders access to exclusive trading insights. This exclusiveness includes alpha calls that are typically only accessible to experienced traders or institutional investors. Just imagine you are being a member of the Trump family, having a good trading insight. Furthermore, WEPE offers educational resources and a platform for collective learning with its private group.
A famous YouTuber ClayBro shares his prediction of 15X on WEPE launch. Also, probably more if you hold, especially with staking rewards of 12% a year, more than your average savings account.
Currently priced at 0.000366 you can buy before the next price increase.