Ethereum decreased 40 % since Eric Trump’s support

Etherum Price has decreased by 40 % since Eric Trump, US President Donald Trump, promoted to encrypt on social media.

On February 4, it is to publish to His 5.7 million followers be a “great time” to buy Ethereum. At the time of his tweet, ETHEREUM was traded at $ 2,735, after recovering from a huge decrease on the day that saw its price to its lowest level.

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

Erictrump February 3, 2025

However, the original has been struggled since then, and now traded at $ 1869. Over the past 24 hours, ETHEREUM recorded a slight increase of 2.49 %, but a 9.24 % decrease for the week remains.

A violent reaction society

The acute decreased after Trump’s statement has drew mixed reactions from the encryption community. One member of society Argue He is not an expert in the market and that price movements depend on the basics rather than individual approvals.

last Indicate The situation explains how the markets interact strongly with high -level data before stability based on actual demand and interest. Meanwhile, critics have returned Tweet Trump, Accuse From using its effect irresponsible.

Ethereum Holdings World Liberty Financial

It is important to note that ETHEREUM’s comments for Eric Trump raises questions because of his relationships with World Liberty Financial (WLF), a project that is inspired by Donald Trump with prominent Ethereum. From The latest data, WLF owns 7.933k eth, at a value of about $ 14.84 million at current market prices.

The fixed addition to Ethereum may help its bulls during the upward trend. However, WLF’s participation in the encryption sector has been speculated about the conflict of potential interests, especially given the structure of governance.

For context, in January, Reuters suggested that the Trump family WLFI controlFormerly collected $ 550 million by selling WLFI governance codes. These symbols give voting rights to those who carry the project, but cannot be circulated.

most Subordinate The distinctive symbol sales occurred after Donald Trump’s victory in elections in November. Despite the collection of prominent donations, WLFI has not yet launched a public platform, which led to an increasing audit of his long -term plans and his operational transparency.