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Eric Trump, son of US President Donald Trump, has been shilling Ethereum (ETH) lately, leaving merchants to wonder if frog-themed ERC-20 token Wall Road Pepe (WEPE) may be the very best crypto to purchase now.
“For my part, it’s a good time so as to add $ETH,” Eric Trump stated in a Feb. 4 X publish to his 5.4 million followers after the main altcoin’s value plunged over 20% yesterday.
Within the hours after the publish, the Ethereum value surged over 6% from round $2,300 to commerce at $2,767.46 as of seven:07 a.m. EST.
Trump Household’s World Liberty Monetary Shares Up On ETH
Along with Eric Trump’s bullish stance on ETH, the Trump household additionally lately purchased $10 million value of the main altcoin by way of their decentralized finance (DeFi) undertaking, World Liberty Monetary.
On-chain information from Arkham Intelligence exhibits that World Liberty Monetary’s Jan. 31 ETH buy has pushed the platform’s holdings within the altcoin to 66,239 ETH, valued at over $183.28 million at present costs.
This latest buy additionally occurred simply 3 days after the Trump household’s undertaking purchased one other $10 million value of ETH on Jan. 28.
DONALD TRUMP’S PROJECT WORLD LIBERTY FI JUST BOUGHT ETH pic.twitter.com/uggBxVJL3H
— Arkham (@arkham) January 27, 2025
The latest tweet by Eric Trump and the continuing ETH purchases by World Liberty Monetary appear to counsel the Trump household has a powerful liking for the main altcoin.
This consideration from the Trump household is clearly bullish for the Ethereum ecosystem and the spillover may gain advantage ERC-20 tokens. The blockbuster Wall Road Pepe (WEPE) presale is one undertaking that’s completely positioned to profit.
Wall Road Pepe Goals To Out-Whale Whale Buyers
Wall Road Pepe is the standout presale of the yr to date after sucking in an astonishing $68.6 million in a bit of greater than two months at a fee of greater than $1 million a day.
The undertaking goals to carry an finish to whale dominance available in the market by making a token-gated group devoted to the empowerment of small retail merchants. On this group, degen merchants and analysts unite and share unique market insights in addition to alpha commerce indicators with one another to go head-to-head with giant traders.
Its inspiration is the 2021 GameStop quick squeeze, when small merchants on Reddit’s WallStreetBets neighborhood got here collectively to purchase GameStop inventory, pushing its value by way of the ceiling and leaving institutional traders who have been quick promoting it with huge losses.
WEPE’s final goal is to carry off the identical feat as a result of he simply actually loathes whale traders.
An analyst from 99Bitcoins, a well known crypto YouTube channel with over 722K subscribers, says WEPE has 10X potential.
So, how may WEPE carry out as soon as it hits the market? One option to gauge the end result may be to have a look at how essentially the most profitable presale of 2024, Pepe Unchained (PEPU), did. After elevating a large $73 million in its presale, PEPU gave early traders returns of 757%.
One other measure of WEPE’s potential may be PEPE itself. Analysts says WEPE has the the potential to rival and even outperform the OG Pepe, which has surged 19,034% from its all-time low to develop into the third-biggest meme coin with a market capitalization of $4.4 billion. If WEPE have been to repeat that feat, it might flip a $100 funding into $19,134.
There could also be little time to lose for traders. Whereas the Wall Road Pepe‘s countdown timer says there are nonetheless nearly 14 days left in its presale, insiders say demand is so excessive that it’s prone to promote out as early as this week.
Different ERC-20 Presale Tokens That May Lead To Huge Beneficial properties
There are a couple of different ERC-20 tokens in presale that are also effectively positioned to profit from the hype across the Trump household shopping for ETH.
Amongst analyst favorites are MIND of Pepe (MIND), one other frog-themed token that’s impressed by the PEPE model. However this undertaking stands out from different PEPE derivatives as a result of it comes with highly effective AI Agent capabilities.
In the meantime, Solaxy (SOLX) is the primary scaling resolution targeted on the Solana community that brings Ethereum’s liquidity to the blockchain.
Whereas the Solana mainnet is taken into account to be one of many quickest and least expensive networks within the crypto house, it has lately come underneath computational stress as a result of hype round SOL meme cash, particularly TRUMP and MELANIA. Solaxy will deal with this congestion subject by giving the community additional computing energy.
Final however not least is Meme Index (MEMEX), one other modern undertaking that gives traders the chance to put money into diversified meme coin portfolios.
It has 4 funding baskets: Meme Titan Index, Meme Moonshot Index, Meme Midcap Index, and Meme Frenzy Index. Every caters to a distinct risk-reward profile, starting from a comparatively safer choice like Meme Titan to the highest-risk Meme Frenzy.
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