Trump's Second Son Said 'Buy Ethereum'... Ethereum Falls 46% After the Remark

Source
Uk Jin

Summary

  • It was reported that after Eric Trump's statement to buy Ethereum, the price of Ethereum fell by about 46%.
  • Currently, Ethereum has plummeted by 52.53% year-on-year, marking a 52-week low.
  • Investors are disappointed with Eric Trump's remarks and feel the need to be cautious about investing in Ethereum.

The leading altcoin, Ethereum (ETH), is experiencing a significant decline.

As of 7:24 AM on the 7th (KST), according to the cryptocurrency market website CoinMarketCap, Ethereum has plummeted by 11.17% compared to the previous day, recording $1,592. This marks a 52-week low, with Ethereum having dropped a staggering 52.53% over the past year.

Photo=Block News X Capture
Photo=Block News X Capture

This has sparked interest among investors regarding the remarks made by Eric Trump, the second son of President Donald Trump.

On February 4th, Eric Trump stated on X (formerly Twitter) that it was a "good time to buy Ethereum." However, despite his remarks, Ethereum has fallen by about 46% from February 4th to the present.

Investors are reacting with comments such as "Turn back time," and "Trump must have taken a hit (suffered a loss) too."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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