Summary
- Eric Trump stated that he agrees with the opinion that Ethereum (ETH) is undervalued.
- Analyst Ted Pillows claimed that ETH’s current price should be $8,000.
- Pillows said that Ethereum is currently one of the most promising trading opportunities.
Eric Trump, the second son of former U.S. President Donald Trump and director at the Bitcoin (BTC) mining company American Bitcoin, has agreed that Ethereum (ETH) is undervalued.
On the 24th (local time), Eric Trump retweeted a post discussing the potential of Ethereum via his account on X (formerly Twitter), stating, "I agree."
The post was written by cryptocurrency analyst Ted Pillows, who argued that "Ethereum is catching up with global liquidity" and that, compared to the increase in the M2 money supply, the current price of ETH should be $8,000. He added, "This shows just how undervalued Ethereum currently is and could be one of the most promising trading opportunities right now."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
