Eric Trump Causes a Stir by Supporting Ethereum: "ETH is Undervalued, a Great Opportunity is Coming"

U.S. President Donald Trump is drawing attention with his support for Bitcoin and cryptocurrency. While Trump's sons, as well as his son, have all voiced support for cryptocurrency, Eric Trump, Trump's second son and the director of American Bitcoin mining company, has shared a new post about Ethereum. Accordingly, Eric Trump shared a post from the X account discussing the potential of Ethereum and said "I agree."

At this time, Eric Trump believes that ETH is currently undervalued. Trump shared the analysis of cryptocurrency analyst Ted Pillows about Ethereum, who argued that the coin is keeping up with global liquidity. Pillows believes that ETH should have been traded above $8,000 based on the growth of the M2 money supply. He argues that this asset is currently undervalued and calls it one of the best opportunities in the market. In previous statements, Eric Trump stated that he has invested in alternative cryptocurrencies named Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).