As this article is being prepared, President Trump is set to start his office, and important executive orders related to cryptocurrencies are expected to be released before the day ends. Eric Trump made a significant statement during this time, and experts are weighing in with their evaluations.
**Eric Trump and Crypto**
The WLFI project initiated by Trump’s family aimed to make finance accessible to everyone through DeFi. Although it didn’t begin well, Trump’s election has positioned it for much greater potential.
The WLFI team is currently holding over 50 million dollars in altcoins. They have recently acquired AAVE, LINK, ETH, and more than 30 million dollars in ETH just yesterday. Eric Trump hinted at exciting developments with his recent statement, “Watch what we do tomorrow.”
This week’s comments suggest the possibility of further upward movement in altcoins, adding to the excitement.
**Experts’ Evaluations**
Michael Poppe highlighted the anticipated rise in cryptocurrencies tied to the executive orders Trump will sign. He expects Bitcoin
$105,697 to quickly test the $110,000 mark and foresees significant upward movements in altcoins. Carl, focusing on MVRV data, has pointed out Ethereum
$3,347 as a focal point.
The analyst forecasts a new peak at $7,000 based on MVRV analysis, despite ETH not yet nearing its all-time high. Moustache shared insights, predicting strong news will emerge in the coming weeks, potentially leading to unprecedented price surges.
Altcoin Sherpa suggests two paths for investors: one is to accumulate safe and utility-driven cryptocurrencies like XRP, LINK, and AAVE; the second involves trading tokens hurriedly released by people around Trump or other celebrities, accepting the risk of losses.
Tokens associated with these individuals could quickly lose their significance, similar to how fans of major sports teams have begun to overlook their tokens. Investors might miss out on real altcoin gains while being captivated by new celebrity-backed tokens.