Ethereum had to deal with heavy blows after Donald Trump announced his import duties against Canada, Mexico and China. The Vitalik Buterin project fell by almost 40% after the announcement thereof, but the Ethereum Koers has already reached $ 2,900 in the meantime.
Eric Trump, son of the President of the United States, calls it a “great moment” to buy Ethereum.
Thank me later
“In my opinion this is a great moment to buy Ethereum. You can thank me later, “Eric Trump wrote on X on 3 February. Not much later he decided to remove the words” you can thank me later “.
His comments naturally came after the massacre that arose as a result of the import duties that Donald Trump introduced for the weekend against Canada, Mexico and China.
In the meantime, the taxes against Canada and Mexico have been postponed with 30 days due to successful negotiations, and as a result the market also seems to be recovering.
After the comment by Eric Trump, Ethereum shot at least from $ 2,100 to $ 2,900. For example, Donald Trump’s son also knows how powerful he is currently, and how easy it has become for him to manipulate the financial markets.
World Liberty Financial is taking steps
At the same time, World Liberty Financial, the decentralized investment fund of the Trump family on the Blockchain of Ethereum, is performing considerable capital displacements.
For example, it sent more than 300 million dollars in assets to Coinbase Prime a few hours ago. In addition, the 20,000 Ethereum removed from the strike at Lido.
Subsequently, it spent $ 5 million on USD Coin (USDC) to buy 1,826 Ethereum at a rate of $ 2,738 per token. In that respect, World Liberty Financial is therefore quite active.
In the end, the question is to what extent this fund is a plus for industry, because we should not pretend that Eric Trump suddenly knows. The only reason he is relevant within this industry is because his father is the president of the United States.
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Source: https://newsbit.nl/ethereum-op-2-900-terwijl-eric-trump-spreekt-van-een-geweldig-koopmoment/
