ETH Surges Due to the Trump Effect

[Sim_card]

Pumping only Bitcoin is pumping all coins, so current Bitcoin has a huge advantage for Donald Trump to win the election.  Because the prices of other coins, including Bitcoin, have risen to all-time highs, only the Ethereum coin has grown relatively less.  But we won't be disappointed yet because more price increases are very likely in the future, the price of Ethereum coin is very likely to reach at least 10 thousand dollars in this bull market.

Although Bitcoin’s movements can sometimes have huge impact within the crypto market circulation, it serves as an indicator on just how strong one coin can be in convincing and directing trust and investment. A great opportunity exists for anybody who comes into the market with a mature strategy both for trading and for investing over a longer term. A reminder of how every major change spawns opportunities and risks to be managed carefully, correlation between crypto asset prices is.

Ethereum, while holding still strong potential, still has great potential to grow greatly with the developing blockchain ecosystem. Ethereum is still not as fast growing as Bitcoin but its future potential is well beyond doubt. Each phases become a step closer to greater value in the future if we have faith in the technology behind the asset.

It's not to have faith on Etherum when there is no problem that it's solving which would have attracted investors interest for them to invest in it. Since after Etherum changed from PoW to PoS, it became more of a shitcoin. I know that after Bitcoin is Etherum but you don't need to compare them because bitcoin is decentralized and if you look at Etherum price currently, I am not seeing any significant price pump.

[debra]

I don't think so. Ethereum has nothing to do with Trump. But one of the factors that Ethereum increased may be caused by the increase of Bitcoin price. It is just usual thing that most altcoins follow the trend of Bitcoin. 

Do you see this possibility or can there be other factors that can dampen this surge especially in the month of December?

It is all about the altcoins season. If altcoins season begins in December, surely Ethereum will keep increasing high. Some experts predicted that Ethereum may create a new ATH in December but it is just a prediction for sure. What I know, the top altcoins will increase firstly in the altcoins season. And Ethereum is one of the top altcoins.

[yhiaali3]

I don't think so. Ethereum has nothing to do with Trump. But one of the factors that Ethereum increased may be caused by the increase of Bitcoin price. It is just usual thing that most altcoins follow the trend of Bitcoin. 

Yes, there may not be a direct relationship between the rise of Ethereum and Trump, but Trump's victory certainly had a positive impact on the entire market, including Ethereum.

Yes, Ethereum usually follows Bitcoin in terms of rise and fall, but this time Trump's victory caused Bitcoin to rise, which led to the entire market booming, and of course Ethereum was the first altcoin affected by this rise, so it can be said that Ethereum's rise was affected by Trump's victory.

[philipma1957]

Eth is up 38% the last month most of the rise was after Trump won. We will see if the peel back effect happens as we near the swearing in of Trump.

Also eth has been shit
Doge has been shit
Ltc has been shit.

Only solana is close to btc..

Btc is up about 33-35% since it's 2021 highs.

Most big shit coins including eth are trailing

[taufik123]

-snip-
Only solana is close to btc..

Btc is up about 33-35% since it's 2021 highs.

Most big shit coins including eth are trailing

Solana became very hyped and reached a new ATH, this is because Solana has a memecoin that is very, very hype and a lot of people create and trade it. Hundreds of thousands of memecoins appear every day and yes, 98% of the memecoins that appear will be rugpulls.

And BTC is now back up after dropping to the price of $92k++ and is now up again in the $95k+++ area

when Trump's inauguration day happens, after a day in office Garry Gensler will be fired by Trump, it will be a great momentum.

[philipma1957]

Reality is hitting the eth users that the musky trumpeter is a crypto cooler.

Eth struggling to get back to 2800 not less 3200 when Trump did win election.

SAD that people thought Trump would help btc and crypto.

So far all we have done is go lower under the musky trumpeter's leadership we may see eth under 2500 and btc underm90k this weekend.

[SmartGold01]

Reality is hitting the eth users that the musky trumpeter is a crypto cooler.

Eth struggling to get back to 2800 not less 3200 when Trump did win election.

SAD that people thought Trump would help btc and crypto.

So far all we have done is go lower under the musky trumpeter's leadership we may see eth under 2500 and btc underm90k this weekend.

With no doubt there is possibility and likelihood to happen as ethereum has drop below 2.7k and BTC 96k this shows there is a strong rejection in the market, who knows Bitcoin might even go lower than 90k zone because there is higher selling pressure which has hold Bitcoin between 96-102k for about weeks now. If this is singly breakout from the 105k zone then there is every tendency we would see BTC also crossing the 109k to create new ATH for the month of February, but then we must ask ourselves if Bitcoin has ever created new ATH in the month of February?

[JoyMarsha]

The effect of Trump's victory has had a very rapid impact on the crypto market. Of course, it was initially because of how the price of Bitcoin skyrocketed so quickly that it was already at more than $93k. and that made most Altcoins skyrocket. especially Ethereum, whose position has always followed Bitcoin's journey. that's why the price of ETH also skyrocketed. Even now the price of ETH is at a rate of $3164, up more than 17% so far. this is very good for starting the altcoin season, even though I'm still waiting. but honestly I hope there will be a little correction first before the altcoin season on Eth so that I can collect more coins again,

That correction is really what the market is experiencing at the moment now, given us an opportunity to accumulate Bitcoin and other altcoins at discount price. What we really don't know is when this correction will be over because the tension of the market is on the rise for altcoin investors. They are losing hope on when the altcoin season will come. Some have sold their altcoins holdings at loss price. Even those accumulating ethereum are at loss, planning or already sold their ethereum.

[philipma1957]

Reality is hitting the eth users that the musky trumpeter is a crypto cooler.

Eth struggling to get back to 2800 not less 3200 when Trump did win election.

SAD that people thought Trump would help btc and crypto.
N marc
So far all we have done is go lower under the musky trumpeter's leadership we may see eth under 2500 and btc underm90k this weekend.

With no doubt there is possibility and likelihood to happen as ethereum has drop below 2.7k and BTC 96k this shows there is a strong rejection in the market, who knows Bitcoin might even go lower than 90k zone because there is higher selling pressure which has hold Bitcoin between 96-102k for about weeks now. If this is singly breakout from the 105k zone then there is every tendency we would see BTC also crossing the 109k to create new ATH for the month of February, but then we must ask ourselves if Bitcoin has ever created new ATH in the month of February?

Sure it did in feb 2021.
It was broken again in March 2021
Again in April 2021
One more time in nov 2021

Took till to Nov 2024 to set the next all time high .

I think the issue is the musky trumpeter fucks with all world markets as he blows his horn.  Many do not know what to make of him so markets suffer.

It will sort over next year.

[SmartGold01]

Reality is hitting the eth users that the musky trumpeter is a crypto cooler.

Eth struggling to get back to 2800 not less 3200 when Trump did win election.

SAD that people thought Trump would help btc and crypto.
N marc
So far all we have done is go lower under the musky trumpeter's leadership we may see eth under 2500 and btc underm90k this weekend.

With no doubt there is possibility and likelihood to happen as ethereum has drop below 2.7k and BTC 96k this shows there is a strong rejection in the market, who knows Bitcoin might even go lower than 90k zone because there is higher selling pressure which has hold Bitcoin between 96-102k for about weeks now. If this is singly breakout from the 105k zone then there is every tendency we would see BTC also crossing the 109k to create new ATH for the month of February, but then we must ask ourselves if Bitcoin has ever created new ATH in the month of February?

Sure it did in feb 2021.
It was broken again in March 2021
Again in April 2021
One more time in nov 2021

Took till to Nov 2024 to set the next all time high .

I think the issue is the musky trumpeter fucks with all world markets as he blows his horn.  Many do not know what to make of him so markets suffer.

It will sort over next year.

This shows there would be possibility of breaking out by ending of this month or next month, though those whom you referred as Musky Trumpeter are likely those who so much attached values and believe to Trump surging the market? Is that so?
Like I do not fully comprehend the words "Musky Trumpeter"

[philipma1957]

Reality is hitting the eth users that the musky trumpeter is a crypto cooler.

Eth struggling to get back to 2800 not less 3200 when Trump did win election.

SAD that people thought Trump would help btc and crypto.
N marc
So far all we have done is go lower under the musky trumpeter's leadership we may see eth under 2500 and btc underm90k this weekend.

With no doubt there is possibility and likelihood to happen as ethereum has drop below 2.7k and BTC 96k this shows there is a strong rejection in the market, who knows Bitcoin might even go lower than 90k zone because there is higher selling pressure which has hold Bitcoin between 96-102k for about weeks now. If this is singly breakout from the 105k zone then there is every tendency we would see BTC also crossing the 109k to create new ATH for the month of February, but then we must ask ourselves if Bitcoin has ever created new ATH in the month of February?

Sure it did in feb 2021.
It was broken again in March 2021
Again in April 2021
One more time in nov 2021

Took till to Nov 2024 to set the next all time high .

I think the issue is the musky trumpeter fucks with all world markets as he blows his horn.  Many do not know what to make of him so markets suffer.

It will sort over next year.

This shows there would be possibility of breaking out by ending of this month or next month, though those whom you referred as Musky Trumpeter are likely those who so much attached values and believe to Trump surging the market? Is that so?
Like I do not fully comprehend the words "Musky Trumpeter"

Donald Trump = Trumpeter as he blows his horn for all to hear.

ELON Musk = Musky

Musky would be an adjective describing trumpeter.

So the term Musky trumpeter was coined by me I do believe I did it first.

Now the beauty of the name is musk or Musky does influence trump or trumpeter.

So Musky trumpeter is a very accurate description.

Do I like it ? Some of the ideas are okay . Some are terrible. Frankly I am not sure if he will wreck the crypto market or any market. I AM ALSO NOT SURE WHAT HIS ACTIONS WILL DO TO ANY MARKET.

But it's loud and it's exciting kind of like us pro wrestling.

[Stompix]

Well, turns out he did a really good number on ETH, let's see one month into office, how does the market look?
Bitcoin in 30 days, up 2%
Ethereum in 30 days, down -19%

Remember how much people hated Musk when he sold Bitcoin, the ETH subreddit is fumming at Trump!

[philipma1957]

Well, turns out he did a really good number on ETH, let's see one month into office, how does the market look?
Bitcoin in 30 days, up 2%
Ethereum in 30 days, down -19%

Remember how much people hated Musk when he sold Bitcoin, the ETH subreddit is fumming at Trump!

yeah they did the job on eth.

mostly because of the job eth did to gpus.

huge mistake dumping pow.  both amd and nvidia hate mr v and co.

eth also hurt intel and every motherboard company.  so if i were mr v I would worry for the consequences yet to come.

my guess is put a buy in at 1500 and 1100 . if you are on the side lines.

[taufik123]

yeah they did the job on eth.

mostly because of the job eth did to gpus.

huge mistake dumping pow.  both amd and nvidia hate mr v and co.

eth also hurt intel and every motherboard company.  so if i were mr v I would worry for the consequences yet to come.

my guess is put a buy in at 1500 and 1100 . if you are on the side lines.

The big mistake that Mr.V and CO made, eliminated the POW that provided a lot of the best cooperation with the big companies and then became a POS that only made people who were loyal to ETH in the first place have to throw away their Rig or move to another POW coin.

Whether this will make ETH reach a new ATH or a new ATL, it will certainly depend on how developers do it and how the public trusts ETH

[philipma1957]

yeah they did the job on eth.

mostly because of the job eth did to gpus.

huge mistake dumping pow.  both amd and nvidia hate mr v and co.

eth also hurt intel and every motherboard company.  so if i were mr v I would worry for the consequences yet to come.

my guess is put a buy in at 1500 and 1100 . if you are on the side lines.

The big mistake that Mr.V and CO made, eliminated the POW that provided a lot of the best cooperation with the big companies and then became a POS that only made people who were loyal to ETH in the first place have to throw away their Rig or move to another POW coin.

Whether this will make ETH reach a new ATH or a new ATL, it will certainly depend on how developers do it and how the public trusts ETH

yeah I have zero loyalty to them and only hold eth is someone wants to pay me in eth.  Once it clears I dump it for other coins and or cash.

plus mr v still owes me 2 eth which he will never pay.