The post Trump identifies as crypto president; Leading cryptos highlighted 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. Former President Trump endorses cryptocurrencies; spotlight on Ethereum, Toncoin, Wormhole, and Angry Pepe Fork for potential massive returns. At a recent tech fundraiser, former President Donald Trump dubbed himself the “Crypto President,” signaling his support for the burgeoning cryptocurrency market. As investors take note of Trump’s endorsement, these top-performing cryptocurrencies, Ethereum (ETH), Toncoin (TON), Wormhole (W), and the emerging Angry Pepe Fork (APORK), all offer unique value propositions and potential for massive returns. ETH: Stabilizing amid renewed interest and buying pressure Ethereum, one of the leading cryptocurrencies, is stabilizing around $3,672 after experiencing selling pressure last week. Crypto analyst Ali Martinez has observed a significant 3% rise in addresses holding 10,000 or more Ethereum tokens over the past three weeks, indicating increasing buying pressure.  Meanwhile, this trend, coupled with the SEC’s approval of Ethereum ETFs, has generated renewed interest, with social sentiment levelling off, now providing a stable foundation for upcoming trading activities. Notably, Ethereum’s price dipped 4% last week; however, the decline in open interest was relatively moderate. If Ethereum can hold steady at around $3,650, it could move upward toward the $4,000 mark. Breaking through this resistance could trigger a new price level for Ethereum price, possibly between the $6,000-$7,000 range. Toncoin network navigates challenges toward growth Toncoin (TON) is continuing to make its mark in the cryptocurrency market. It is currently valued at around $7.03, reflecting a 6% growth over the past week. Despite this recent uptick, Toncoin’s price has remained relatively stagnant over the past month, fluctuating between $6 and $7. Over the past year, however, Toncoin has seen a remarkable 370% increase, though it only experienced a modest 2% rise in the last month.…

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Filed under: News - @ June 21, 2024 9:16 pm