Eric Trump Mocks Critics Amid Ether Price Surge, What’s Next for Crypto?

Eric Trump took to X on Monday to celebrate Ether price climb above $3,800 , taking a jab at critics who mocked him earlier this year for supporting the cryptocurrency. “How am I doing now @TedPillows?” Trump posted, referring to a three-month-old remark from Ted Pillows, a partner at crypto exchange OKX, who had mocked Trump in April following Ether’s decline in February and March. Trump continued his online rebuttals by telling another user, “Up 35% in 5 months, Pal. Embrace volatility,” adding that those who followed his advice to “buy the dips” would now be in profit. Data from CoinGecko shows that Ether was trading at around $2,877 when Trump announced his support for the coin on February 4. At its current level near $3,732, investors would be sitting on roughly 30% in unrealized gains, despite the coin experiencing a steep 49% drop shortly after Trump’s post earlier in the year. Ether Eyes $8,000 as Analysts Track Patterns While Ether has gained 12% so far in 2025, some analysts are seeing a bigger move on the horizon. On Sunday, analyst Gert van Lagen noted a similarity between Ether’s current structure and the Dow Jones Industrial Average (DJIA) in 1980, predicting that Ether could reach $8,000 by early 2026 as it enters what he believes is the final phase of its long-term bullish cycle. These comments arrive amid a broader crypto market recovery, with Ether leading a steady rally over the past month. Renewed optimism around Ethereum’s network upgrades, increasing institutional interest in tokenization, and reduced selling pressure have all contributed to its recent price gains, strengthening bullish sentiment in the market. Trump Family’s Expanding Crypto Footprint The Trump family’s involvement in crypto ventures extends beyond social media posts. On Monday, Trump Media and Technology Group, which operates the Truth Social platform, announced it holds $2 billion worth of Bitcoin and Bitcoin-related securities. The company has raised $2.5 billion to support its Bitcoin strategy, with plans to expand its crypto holdings based on market conditions. Eric Trump, along with his brothers Donald Trump Jr. and Barron Trump, co-founded American Bitcoin, a company that has raised $220 million to acquire Bitcoin for its treasury and to purchase mining equipment. Additionally, all three brothers are co-founders of World Liberty Financial , where President Trump serves as co-founder emeritus. This reflects the family’s increasing influence within the cryptocurrency industry as the sector evolves alongside the upcoming election cycle. The post Eric Trump Mocks Critics Amid Ether Price Surge, What’s Next for Crypto? appeared first on TheCoinrise.com .

Source: The Coin Rise