- An old, bullish Ethereum prediction from Eric Trump has resurfaced after he “clapped back” at a critic
- Though ETH initially crashed 40% after his call, it has since rallied over 180% to a high of $3,860
- Eric Trump has now returned to the critical post for a public “victory lap,” highlighting his correct call
A bullish Ethereum post by Eric Trump, the pro-crypto son of U.S. President Donald Trump, has resurfaced after a prominent investor highlighted a “clapback” from Trump mocking the investor’s initial criticism of the prediction.
The investor, who addressed Trump as the “Executive Vice President of the United States,” attempted to deflect the conversation by mentioning WLFI, the crypto token behind the Trump-family-backed World Liberty Finance cryptocurrency project.
A prediction that first went wrong, then spectacularly right
Earlier this year, Trump posted that it was a good time to buy Ethereum. ETH took a massive tumble alongside the rest of the crypto market shortly after that post, leading critics to question the WLFI vice president’s judgment and expertise in the crypto industry. The acclaimed investor joined the critics on April 1 after Ethereum crashed 40% below the price as of Trump’s prediction.
Related: Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead
A few months later, both individuals are back in the discussion after an impressive Ethereum rally for nearly four months. Ethereum bounced off support shortly after the acclaimed investor’s response and has since rallied over 180%. It surged from $1,383 to a recent high of $3,860. That rally impressed Trump, who returned to the crypto investor’s April 1 post to request an assessment of his market prediction abilities.
Is Ethereum back to top form?
The conversation between Trump and the investor is one of several discussions happening around Ethereum, which has impressed many users over the past three and a half months. The flagship altcoin rediscovered the kind of bullish momentum originally associated with it, leading the current altcoin market surge from the front.
Related: Ethereum (ETH) Price Prediction for July 23
Ethereum’s latest upsurge pushed the cryptocurrency closer to its all-time high. At the $3,860 local high, Ethereum is 6.14% away from its all-time high, and users believe in the flagship altcoin’s potential to set another record and open the way for higher achievements.
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