"Eric Trump Boosts Ethereum: Meme Coins Surge Amidst Bullish Turnaround"

Top Meme Coins to Consider After Eric Trump Boosts Ethereum

Ethereum (ETH), the world's second-largest cryptocurrency, has received significant backing from Eric Trump, the second son of former President Donald Trump. In a recent post on X (formerly Twitter), Eric Trump asserted that Ethereum might be one of the top cryptocurrencies to invest in right now, suggesting that investors could thank him later.

Despite ETH being one of the less impressive performers among major cryptocurrencies recently, its price movement after Monday's downturn indicates it might be ready to reach new record highs. Ethereum meme coins, like Pepe and Floki, are also showing signs of a potential bullish turnaround. Experts include low-cap coins such as BTFD, BONK, and Dogwifhat on their lists of meme coins to watch, citing their strong growth potential.

What Insights Does Eric Trump Have on Ethereum?

Eric Trump's endorsement could significantly bolster Ethereum, a cryptocurrency that can benefit from all the support it can get. Being the son of a former President, he might possess insider knowledge about potential legislative or executive actions that could favor ETH. For instance, Donald Trump signed an executive order directing Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to establish an American sovereign wealth fund. Typically, such funds invest in stocks, bonds, and real estate, but given the Trump administration's crypto-friendly approach, there's speculation that the fund might also invest in Bitcoin and leading altcoins like Ethereum, Solana, and XRP.

Ethereum Price Outlook — Should You Buy, Hold, or Sell?

Expert predictions on Ethereum's future price suggest it may finally be a good time to purchase ETH. Eric Trump's post, along with the postponement of US tariffs on Canada and Mexico, contributed to Ethereum's price surging 36%, closing Monday's trading session on a positive note. Following a dip to $2,118, Ethereum closed on Monday at $2,883, a movement that seasoned trader Bluntz described as the most volatile he's witnessed in his eight years of trading.

Notably, ETH managed to maintain a close above the $2700-$2750 range, preserving its head-and