Ethereum Rally Makes Eric Trump Look Like a Genius

Key Points

1. Trump pointed out a 35% gain in Ethereum since his endorsement, encouraging followers to 'embrace volatility' despite initial steep drops.

2. Trump family crypto ventures, including $2 billion in BTC holdings by Trump Media and a $220M Bitcoin fund by Eric and Donald Jr., have reportedly boosted Donald Trump’s fortune by over $620M.

3. Andrew Keys of The Ether Machine claimed ETH massively outperformed Bitcoin long-term and predicted a possible rise to $8,000 by 2026.

4. Eric Trump celebrated Ethereum’s resurgence above $3,800 and responded to critics, noting a 30% unrealized gain since his public support in February.

5. Analyst Gert van Lagen compared Ethereum’s potential to the Dow Jones Industrial Average in 1980, forecasting a possible climb to $8,000 by early 2026.

6. The Ether Machine, an Ethereum-focused investment firm, plans to go public with over 400,000 ETH, valued at about $1.5 billion, surpassing existing firms like Bitmine.

7. Andrew Keys highlighted Ethereum’s dominance in tokenization, comparing it to Google’s dominance in web search, with 90% of tokenized assets on Ethereum.

8. Ethereum has risen by more than 236,000% since its launch in 2015 but is still down 24% from its all-time high in 2021.

9. The Ether Machine is expected to go public via a merger with Dynamix Corporation, trading on Nasdaq to provide institutional exposure to Ethereum.

10. Investors are rotating heavily into Ethereum, fueling its recent rally, according to BTSE COO Jeff Mei.