Trump Bets Big on Ethereum (ETH)—Is He Seeing the Future

Juhi Mirza
Donald Trump Ethereum ETH

Ethereum (ETH) is currently one of the strongest cryptocurrencies to exist in space as of today. The token has recently been a victim of dormant timelines and momentum, but it has occasionally shown how its slower price pace has been gradually building traction, paving the way for a more significant surge. ETH is currently up 3% and stable at $3779 at press time. In addition to this, U.S. President Donald Trump’s crypto portfolio is also making headlines again, with Trump exploring ETH as his primary crypto to interact with. With ETH gunning for a new target price, does President Trump know something that the market does not at the moment?

Also Read: XRP Market Cap Surpasses Oil Giant Shell

Trump’s ETH Inclinations

JPMorgan headquarters with Ethereum logo overlay
Source: Watcher.Guru

Ethereum has lately been one of President Trump’s high-priority cryptocurrencies, a token that the president has lately been accumulating at a rapid pace. Ethereum makes up 93% of Trump’s entire cryptocurrency portfolio, raising new questions about ETH’s future. New speculations have started to make their way in the market concerning whether Trump knows about Ethereum and its growing role in the US administration. Moreover, such unconfirmed statements are now packing a bullish wave for the token to bank on, helping ETG soar high in the process.

Trump’s ETH accumulation also does not portray a random pattern. With 93% of his crypto portfolio locked in Ethereum, it shows a highly strategic inclination, a positioning for the future ahead. However, any confirmation from Trump’s side is yet to be heard and shared.

The Token’s Future

The token is now eyeing bigger price marks, primed for a $6K target per a notable crypto analyst, Titan of Crypto. The expert took to X to break down Ethereum’s future, adding how the token has started its way towards a right-angled broadening wedge on its weekly chart.

Per the latest details, Ethereum will first claim the $4100 price mark, followed by a gradual surge, helping the token hit $6700 in the process.

“#Ethereum 🚀 $6,700 Target in 2025. #ETH is advancing within a right-angled descending broadening wedge on the weekly chart. 📌 First stop: $4,100 (short-term target). 📌 Once the breakout is confirmed, the $6,700 price objective could be next. Patience is key.”

Also Read: XRP Is Up 500% Since July 2024: Can It Hit $5 in 2025?