Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success. 

ETHPOW drops 80% 

On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut.

ETHW/USD daily price chart. Source: TradingView

For starters, ETHPOW only exists as a futures ticker, for now, conceived in anticipation that an upcoming network update on Ethereum could result in a chain split.

Ethereum will…


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