The second-largest cryptocurrency, Ethereum (ETH), has received much-needed support from Donald Trump’s second son, Eric.
Taking to X, formerly Twitter, Eric Trump claimed that Ethereum could be one of the best cryptos to buy now, adding that buyers can thank him later.
In my opinion, it’s a great time to add $ETH.
— Eric Trump (@EricTrump) February 3, 2025
While ETH has continued to be one of the biggest underperformers among the majors, its price action following Monday’s crash suggests it could finally be poised for new all-time highs.
Ethereum meme coins, particularly Pepe and Floki, also appear to be gearing up for a bullish reversal. Experts’ list of best meme coins to buy also includes low-caps such as Wall Street Pepe and Mind of Pepe, owing to their high upside potential.
What Does Eric Trump Know About Ethereum?
Eric Trump’s backing could end up providing a major boost to Ethereum, a crypto asset that needs all the help it can get.
After all, being the President’s son, he could have insider information regarding legislation or executive actions that could benefit ETH.
For instance, Donald Trump signed an executive order discharging Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to create an American sovereign wealth fund.
While SWFs typically invest in stocks, bonds and real estate, the Trump administration’s pro-crypto stance has resulted in speculation that the fund could be used to buy Bitcoin and blue-chip altcoins like Ethereum, Solana and XRP.
BTC eth and XRP almost guaranteed for the sovereign fund
— Wizard Of SoHo (🍷,🍷) (@wizardofsoho) February 3, 2025
Trump’s crypto czar David Sacks has a press conference scheduled at 2:30 PM ET, with rumours rife that Sacks could announce SWF investments into crypto. Wyoming Senator Cynthia Lummis’s Bitcoin symbol and Eric Trump’s Ethereum posts have further fueled the speculation.
It is not without any reason why the Trump family’s crypto company, World Liberty Financial, has made a significant investment in Ethereum. While Donald Trump is the Chief Crypto Advocate, the company is widely considered the brainchild of Eric Trump.
Ethereum Price Prediction — Buy, Hold or Sell?
Ethereum price predictions from experts suggest it could finally be time to buy ETH.
Eric Trump’s post and the delay of US tariffs on Canada and Mexico saw the Ethereum price climb 36% to close its Monday candle in green. After a downside wick to $2,118, the largest altcoin closed Monday at $2,883, a price action which legendary trader Bluntz described as the wildest in his 8 years of trading.
Crucially, ETH managed to close above the $2700-$2750 zone, keeping intact its head-and-shoulders pattern and the ascending parallel channel. Prominent analyst Ali Martinez claims the two bullish patterns combined could push the Ethereum price to near $7000.
If this is an ascending parallel channel, #Ethereum $ETH must hold the $2,750 support level to set the stage for a rebound to $6,760! pic.twitter.com/XPeM1tQhZQ
— Ali (@ali_charts) February 3, 2025
Best Meme Coins To Buy
Ethereum meme coins are often strongly correlated to ETH, with smart money investors viewing them as beta bets on the largest altcoin.
For instance, smart money traders like A.A are going long on Pepe.
In particular, Floki has caught the attention of experts, with many calling it one of the best meme coins to buy now. The meme coin’s resilience at its multi-month support level has resulted in investors going long on it.
$FLOKI lows taken and a strong recovery back aboveStraight back up to range highs pls + ty pic.twitter.com/DzJWolFkod
— CRG (@MacroCRG) February 3, 2025
Smart money investors are also bullish on low-cap crypto assets like Wall Street Pepe (WEPE), which continues to see heavy whale bidding.
The WEPE presale has already raised over $68 million behind whale and retail demand for its Pepe The Frog theme and in-demand utilities. Retail investors are particularly interested in its exclusive “The WEPE Army” group, which will soon start offering cutting-edge market alpha to token holders.
Considering the high demand during its presale and the recent performance of low-cap frog meme coins, early investors are viewing it as the next 100x meme coin.
Similarly, a new AI agent coin, Mind of Pepe (MIND), has caught the interest of investors who missed out on assets like AI16Z and AIXBT.
The MIND presale has raised over $5 million in short order, owing to the strong demand for AI agent cryptos.
Being a self-sovereign and self-evolving AI, Mind of Pepe will offer hive-mind analysis, community intelligence and real-time market intelligence to all MIND holders. It also has self-managed X and Telegram accounts, as well as its own crypto wallet.
Being a low-cap AI agent crypto, it is no surprise experts are viewing it as one of the best meme coins to buy now.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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