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Ethereum $8000 is not a dream? Trump’s son speaks out: ETH is severely undervalued!
That's right, Eric Trump, the head of the World Liberty Finance (WLF) project (yes, Trump’s son), said: Given the current global liquidity, ETH should have already broken $8000!
Is ETH taking off with the 'money printer'?!
Eric Trump's view is not just talk; it is based on very solid logic: the trend of ETH is closely related to the global M2 (broad money supply).
In June, the US M2 grew by 4.5%, reaching a historical high of $22.02 trillion!
This is the fastest growth since 2022, basically indicating that the global money printer is running at full speed 'injecting liquidity'.
As crypto analyst Ted Pillows said: 'At this pace, ETH's reasonable price should have long surpassed $8000. The current price is simply a bargain.'
Eric Trump stated, 'I completely agree.' He has always been a staunch supporter of ETH, with very strong bullish sentiment.
Institutions are secretly accumulating, ETH has not yet peaked.
On July 24, the spot Ethereum ETF saw an inflow of $214 million in a single day.
Fidelity's FETH attracted $203 million in a single day, performing the strongest.
BlackRock's ETH ETF has accumulated inflows of over $10 billion, second only to Bitcoin's IBIT and FBTC.
Do you think they are buying at a high position? No, they are positioning for the upcoming 'big market'.
Even Galaxy Digital CEO and Wall Street veteran Mike Novogratz said: This year, ETH’s performance is likely to surpass BTC.
End-of-year targets: $8000 or $10000?
Currently, the market has two versions of the 'bullish argument':
1. Eric Trump faction: ETH follows M2, target $8000
2. Arthur Hayes faction: Hitting $10000 by the end of the year is not a dream
'Ethereum's current price is not overvalued, but undervalued. The money printer keeps running, and ETH not rising would be unreasonable.'
If you are still hesitating whether to get on board, then see who is bottom-fishing — it’s not retail investors; it’s institutions and Wall Street.
The current price level is $3100, which is the perfect time to enter!
