* Our Parent Company Crypto Token is GOING LIVE!!! *Flag Token

EthereumPoW (ETHW) Price Tanks 20% Despite KuCoin Listing


Share post:

New exchange listings typically act as a catalyst for token rallies in the cryptocurrency space. While a similar outcome was expected for EthereumPoW (ETHW) after the Merge, events haven’t panned out as anticipated. 

Despite a listing on KuCoin, ETHW has failed to keep afloat above key support levels, losing over 20% price in a matter of few hours on Monday. 

ETHW is a Layer 1 blockchain that preserves the pre-merge PoW consensus. Amid continued support from ETH miners, Ethereum hard fork token (ETHW), has had its share of social anticipation since the Merge, however, social anticipation has failed to provide a cushion to prices. 

EthereumPoW (ETHW) price heads south

Last week, Ethereum miner Chandler Guo claimed that Ether (ETH) and the new ETHW would have the same USD value in ten years. For now, though, ETHW lost over 20% in the last 24 hours, trading at $9.77 at press time. 

The 2,656 ranked coin had been in a downtrend from Sep. 16 to Sept. 23, but gained quick momentum as macro-market conditions improved. However, at press time, the coin’s price hit further…

Read more…

Related articles

What is Klayton Blockchain & Why Toon Finance is Better Choice – CryptoMode

The Klaytn network has taken a big hit today, as the price of KLAY tokens has tumbled following...

Peter Schiff Says Bitcoin Still Has a Long Way to Fall — Values BTC at $10K – Markets and Prices Bitcoin News

Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse...

ATP Finals 2022 full schedule, results, TV channel and live stream as Novak Djokovic reaches final, Rafael Nadal bows out in Turin

Novak Djokovic will meet Casper Ruud in the final of the 2022 ATP Finals after being taken to...

Top 3 Hottest NFT Mints for November 2022 Blackfriday Cryptocurrency

What are NFTs and How Do They Work? You may have heard about a new craze sweeping the internet...