Since Eric Trump made the suggestion to “increase holdings of ETH”, the price of ETH has fallen nearly 50% from its high

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ODAILY
03-31
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Report: After Eric Trump, son of former U.S. President Trump, advised fans in February to "increase ETH holdings," ETH price plummeted from around $3,400 to $1,820, a drop of 46.5%. Its market capitalization share shrank from 10.28% to 8.39%, hitting a new low since 2020. The associated project WLFI, however, bucked the trend by increasing holdings, with ETH positions rising 300% to $210 million in three months. Analysts point out that this period coincided with Bybit's $1.5 billion hacking attack and Trump's car tariff imposition, creating a stark contrast between market sentiment and celebrity influence. Technically, if ETH fails to hold the critical support at $1,800, it may further decline to the $1,490 level. (Cointelegraph)

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