"Eric Trump's Endorsement: Ethereum Surges, Meme Coins Rise"

Ethereum's Surge: Eric Trump's Endorsement Boosts ETH and Meme Coins

Ethereum (ETH), the world's second-largest cryptocurrency, has received a significant boost from an unexpected source: Eric Trump, the son of former President Donald Trump. Taking to 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.

In my opinion, it’s a great time to add$ETH.

— Eric Trump (@EricTrump) February 3, 2025

While ETH has been 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 and 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.

BTC eth and XRP almost guaranteed for the sovereign fund

— Wizard Of SoHo (,) (@wizardofsoho) February 3, 2025

David Sacks, Trump's crypto czar, is holding a press conference at 2:30 PM ET, with widespread rumors that he might announce SWF investments in crypto. Posts from Wyoming Senator Cynthia Lummis featuring the Bitcoin symbol and Eric Trump’s Ethereum comments have fueled further speculation. It’s not surprising that the Trump family’s crypto