The son of US President Donald Trump, Eric Trump, boasted to his subscribers surprisingly accurate, in his opinion, the Ethereum forecast. Network users ridiculed his post.
We tell you that not so with the Ethereum forecast from Eric Trump and what about the crypto project of the American president.
On February 4, 2025, Eric Trump published in his X post, which said that now a good time to buy ETH.
Immediately after the publication of the post with a recommendation to buy ETH, the cryptocurrency course began to fall rapidly. In the moment, the collapse exceeded 50%. There were complaints on the network. Their authors claim that they purchased cryptocurrency on the recommendation of Eric, and are now sitting in losses.
Earlier, the young man also called for subscribers to be purchased with bitcoin. As in the case of ETH, the publication of the post was followed by the collapse of the coin course. As a result, the son of the US president was accused of manipulating the market.
Cryptocurrency began to recover in May. In July, ETH turned into active growth, behind which, among other things, is a crypto project of the Trump family World Liberty Financial. It is not known whether Eric knew about the upcoming purchases of the broadcast from the side close to his father.
Eric Trump decided to boast of his recommendation to buy ETH at a time when the cryptocurrency has risen in price by 33% of the level at which the course was during the post.
There were expected reports from the participants of the crypto community who reminded the president’s son about the Ethereum collapse after his publication. Eric Trump in response to them noted that the cryptocurrency had already played a fall and managed to grow. The young man also drew attention to the fact that smart market participants take into account its volatility and used the drawdown to buy even more ETH.
Participants in the crypto community did not like the explanation of the son of the president. They believe that the ETH implemented collapse completely discredit its forecast.
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Source: Cryptocurrency
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