Ethereum PoW token is gaining some traction ahead of Merge, recovering 25% of its price in the last 24 hours
In the last 24 hours, the volatility of the token skyrocketed as the token's value plunged massively previously. ETHPOW lost around 78% of its value after appearing on the cryptocurrency market.In the last 24 hours, ETHPOW gained more than 25% to its value, which might be tied to a belief of traders in the reversal that will take place after the Merge goes live.
Unfortunately, it is hard to tell how things will end up for the Ethereum PoW token as the hashrate from , the second biggest network in the whole industry, is torn apart among alternative networks, Ethereum PoW and those who decided to end mining operations once and for all.Ethereum, on the other hand, remains relatively calm as the coin's price performance is not showing anything exceptional in the last few days, which should not surprise anyone as most funds and retail investors tend to avoid any operations with the asset ahead of a large update.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A Comprehensive Look at Ethereum and The Merge: Part TwoAll eyes are on the Ethereum merge this week as the world’s largest smart contract platform is poised to transition from proof-of-work (PoW) consensus to
Read more »
With diary revealed, Jacksonville woman tells of reticent father's life as a POW in GermanyAfter finding her father's wartime diary, Diana Halstead created a book that shows what Henry Eugene Maul went through in a German POW camp.
Read more »
How Web3 Will Be Changed By The Merge | HackerNoonThe Merge will change Ethereum - and web3 - forever. The change from PoW to PoS will change how the blockchain can affect Web3 in the future when it matures.
Read more »
Batman's Mystery Casebook Special Edition #1 Preview: Batman DayBiff! Bam! Pow! Comics aren't just for adults anymore in this preview of Batman's Mystery Casebook Special Edition 1! comics dc
Read more »
Ethereum POW Tokens Spike by 25% Ahead of Merge After 70% Plunge PreviouslyEthereum PoW token is gaining some traction ahead of Merge, recovering 25% of its price in the last 24 hours
Read more »