Eric Trump cheers ETH short liquidations, but which is the best crypto to buy now?
Main Idea
Ethereum's price surge triggered significant short liquidations, while Mutuum Finance (MUTM) gains traction with a successful presale and strong investor interest.
Key Points
1. Ethereum's price surged 4.6%, surpassing $4,000, triggering $105 million in short liquidations and attracting $537 million in spot ETF inflows over four days.
2. Mutuum Finance (MUTM) has raised $14,300,000 in its presale, with Phase 6 offering tokens at $0.035, a 250% increase from the initial price of $0.01.
3. Over 670 million MUTM tokens have been sold, supported by a community of 15,050 holders, with Phase 6 selling out rapidly ahead of a 14.3% price hike in Phase 7.
4. Mutuum Finance has launched a $50,000 Bug Bounty Program and a $100,000 giveaway event, rewarding participants and fostering community engagement.
5. Analysts project Ethereum could reach $10,000 or $16,000, while Mutuum Finance is seen as a strong investment with potential long-term growth.
Description
Eric Trump has publicly celebrated significant Ethereum short liquidations. His comments surfaced on August 8th, 2025, following a sharp ETH price surge. The cryptocurrency climbed 4.6%, surpassing $4,000 for the first time since late 2024. This price jump triggered roughly $105 million in ETH short position liquidations within a single day. Furthermore, substantial spot Ether ETF inflows, nearing $537 million over four days, are fueling this bullish sentiment. Consequently, the search intensifi...
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