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07/23 03:42

Ethereum Surges 30% After Eric Trump Endorsement

Ethereum Surges 30% After Eric Trump Endorsement

Ethereum has experienced a sharp upward trend, gaining over 30% since Eric Trump publicly mentioned adding Ethereum. Although Trump’s endorsement came a bit late in the cycle, it seems to have coincided with renewed investor interest and broader market momentum.

This sudden spotlight from a high-profile figure has created a buzz in the crypto space. While Eric Trump is not traditionally associated with cryptocurrency advocacy, his statement evidently resonated with some retail investors. The endorsement may not have been the catalyst alone, but it reinforced Ethereum’s ongoing bullish trend.

DCA Strategy Pays Off Big

Those who adopted a Dollar Cost Averaging (DCA) approach earlier this year have seen substantial returns. According to recent data, many DCA investors are now up between 80% and 100%.

This highlights the power of disciplined investing—especially in volatile markets like crypto. By spreading out purchases over time, DCA participants reduced risk and capitalized on Ethereum’s rebound without trying to time the market.

Ethereum’s recent price surge is also backed by growing optimism around Ethereum-based developments, institutional interest, and a recovering overall market. Whether influenced by political figures or just solid fundamentals, Ethereum’s climb appears resilient.

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