social media influence Archives - Coin Engineer https://coinengineer.net/blog/tag/social-media-influence/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 07 Apr 2025 08:30:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png social media influence Archives - Coin Engineer https://coinengineer.net/blog/tag/social-media-influence/ 32 32 Eric Trump’s “Great Time to Buy” ETH Post Resurfaces After 50% Drop in Price! https://coinengineer.net/blog/eric-trumps-great-time-to-buy-eth-post-resurfaces-after-50-drop-in-price/ https://coinengineer.net/blog/eric-trumps-great-time-to-buy-eth-post-resurfaces-after-50-drop-in-price/#respond Mon, 07 Apr 2025 09:00:09 +0000 https://coinengineer.net/blog/?p=39765 While the crypto markets have been experiencing sharp volatility in recent weeks, Eric Trump’s February 4, 2025 post about Ethereum ($ETH) has once again drawn attention. Trump had stated on social media: “In my opinion, it’s a great time to add $ETH.” However, following this statement, Ethereum saw a steep price decline. Ethereum Dropped by

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]]> While the crypto markets have been experiencing sharp volatility in recent weeks, Eric Trump’s February 4, 2025 post about Ethereum ($ETH) has once again drawn attention. Trump had stated on social media: “In my opinion, it’s a great time to add $ETH.” However, following this statement, Ethereum saw a steep price decline.

Ethereum Dropped by 50% After the Post

Since Eric Trump’s post on February 4, 2025, Ethereum’s price has dropped by approximately 51%, falling to around $1,410. Back then, ETH was trading near the $3,000 mark, making this a significant loss within just two months. Analysts attribute the drop to a mix of macroeconomic uncertainty and weakening investor confidence.

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eric trump

Investors React: “Pump or Mislead?”

Many users on social media have criticized Eric Trump’s statement, calling it speculative. Some investors claim they suffered losses after acting on his suggestion, sparking debates about market manipulation in crypto. The incident has reignited concerns over the power of high-profile social media posts to influence crypto prices.

Crypto experts continue to warn against making financial decisions based on social media posts. They emphasize the importance of conducting technical and fundamental analysis, and caution investors not to follow unverified recommendations without doing proper research.

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