The post Trump’s World Liberty Financial bags $55M in ETH holding; sparks positivity for SOL and LNEX  appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s firm swaps $5M USDT for ETH, boosting altcoin momentum; Solana and Lunex Network poised for 2025 surge. The positivity in the altcoin market has skyrocketed following Donald Trump’s huge involvement with Ethereum (ETH). Recently, it was reported that its financial firm, World Liberty Financial, swapped $5 million USDT for ETH. This raised its Ethereum holding above $55 million. Riling up the crypto market, several market analysts as well as investors expect positive results after this news. This increasing attention on altcoin is poised to send top cryptocurrencies like Solana (SOL) and fast-rising presale stars like Lunex Network (LNEX) on a parabolic run by 2025. Ethereum token eyes $5,000 price target – expert says The attention towards Ethereum (ETH) token has skyrocketed due to Trump’s financial firm raising its ETH holding above $55 million. With this, Ethereum token now takes up over 76% of the firm’s portfolio, leading analysts to predict higher price levels for Ethereum. For instance, seasoned futures trader and crypto investor, CoinMamba, hinted that the Ethereum coin is looking ready to hit the $5,000 price market with just a single candle. Investors’ confidence also grew after this speculation, with some even expecting ETH price to go past this price. Another analyst, sighted that Ethereum will hit $4,900 very soon before monumentally rising to $7,238 by latest Q1, 2025. As the price positivity for Ethereum brews, coupled with bullish technical indicators, the token’s recent 9% weekly jump above $3,900 has contributed largely to its optimism as a top crypto to buy. Grayscale files for Solana ETF amid SOL’s price positivity  Recent news from CoinMarketCap shows that Grayscale is filing for spot SOL ETF, raising positivity for Solana…

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Filed under: News - @ December 14, 2024 10:15 am